Hospital installed by MSF to treat COVID-19 patients in Alcalá de Henares © Olmo Calvo /MSF   Right now, because of COVID-19, you and I, our families and communities around the world are facing a global emergency that threatens all of us and is on course to put many people at risk. This emergency is …

Lee & Ko is pleased to share that the firm has had success in appealing a tax determination applying the Foreign Flat Tax Rate and believe that this would be of significant importance to member companies of the ECCK – in particular executives, foreign employees/expatriates. Lee & Ko recently obtained a favorable decision from the …

The COVID-19 virus outbreak has presented businesses with a completely new situation, with many people being asked to work from home, to avoid large gatherings or events and also to manage the family challenge of schools being closed. At EF we are hearing from many clients and connections regarding the difficulty of smoothly delivering English training to their …

[March 4, 2020] L’Oréal S.A, through its local Korean subsidiary and first Korean fashion & beauty lifestyle brand Stylenanda, has donated 200 million KRW to the Korean Red Cross to support relief efforts in the fight against the current COVID-19 outbreak. L’Oréal’s donation will go towards helping low-income and at-risk populations who face hardship to …

Labor costs are an important factor in establishing and operating a business in Korea. Wages in Korean companies often vary depending on several factors that usually remain vague to foreigners. Nowak & Partner collected some hard data regarding the labor costs in Korea. Tables and data presented in this overview focus on the salary level …