Hire and pay employees in Coreia do Sul compliantly from day one
Easily hire employees in Coreia do Sul with Deel. Deel's best-in-class Employer of Record setup allows us to handle local laws, tax and benefits, and international payroll on your behalf in over 150+ countries including Coreia do Sul.
Backed by local experts and built-in compliance protection, your next hire could start in as little as 2 days with Deel.
Onboard, pay and manage employees in Coreia do Sul with Deel
Usually, to hire in Coreia do Sul, your business needs an entity. That means a local office, an address registered as a subsidiary, and an account with a local bank. All of this, plus navigating regional benefits, payroll, and licensing can take months.
Now you can hire employees in Coreia do Sul quickly, easily, and compliantly. Automate tax document collection, payroll, benefits, and more. And once your new hire's onboarded, Deel HR keeps their time off and documents in one place, so managing your team in Coreia do Sul doesn't mean a separate system.
Already have an entity in Coreia do Sul? Our PEO services can run payroll and compliance for your direct employees.
Currency Won Sul-Coreano (KRW)
Capital Seul
Official language Coreano
Payroll cycle Monthly
All the necessary benefits for Coreia do Sul built right in
Deel allows you to provide localized benefits for employees in Coreia do Sul within minutes. All in one manageable online dashboard in a single HR platform.
- Fundo de Pensões
- Seguro de Saúde Público
- Seguro de Desemprego
- Seguro de Indemnização Laboral
- Cuidados de Saúde Privados - Allianz (opcional)
- Seguro Global de Vida - Allianz
Our quickstart guide to hiring in Coreia do Sul
Navigate the tabs below to learn everything you need to know about hiring an employee in Coreia do Sul
Minimum Wage Requirements
The National Minimum Wage is KRW 2,156,880 per month.
Please note: Fixed monetary benefits, including fixed allowances and bonuses, will be included in the calculation of the minimum wage.
Individual Income Tax
The individual income tax ranges from 6% to 45%. Income tax is calculated according to progressive rates.
| Income (KRW) | Tax Rate (%) |
|---|---|
|
Less than 12,000,000 |
6% |
|
12,000,001 - 46,000,000 |
15% |
|
46,000,001 - 88,000,000 |
24% |
|
88,000,001 - 150,000,000 |
35% |
|
150,000,001 - 300,000,000 |
38% |
|
300,000,001 - 500,000,000 |
40% |
|
500,000,001 - 1,000,000,000 |
42% |
|
More than 1,000,000,000 |
45% |
Payroll Cost
The employer cost is generally estimated at ~12% of the employee salary plus disable hiring fee.
National pension* - 4.75%
National health insurance - 3.54%
Long-term care insurance - 0.448%
Employment insurance - 1.15% - 1.75%
Workers' compensation insurance - 0.726%
Resident Tax - 0.50%
Disable hiring fee - KRW 62,328 (estimated)
*Calculated on the employee's gross salary with a minimum salary for the contribution of KRW 400,000 and a maximum of KRW 6,370,000 per month.
Employer Liability Cost - An administrative fee of 0.60% is applied to ensure ongoing worker compensation and liability coverage
These costs are provided as estimates and are intended solely for general informational purposes. To fully comprehend all associated costs and fees related to the terms of any employment agreement for this country, please contact our Sales team for a quote.
Overtime Pay & Maximum Hours
Standard working hours are 8 hours per day, 40 hours per week. The standard work week is from Monday to Friday.
Overtime payment is mandatory. Hours outside of standard work hours are considered overtime. Employees can work a maximum of 12 hours per week. For additional hours, employees are paid a minimum of 150% of their average salary.
Hiring in Coreia do Sul, hassle-free
With Deel, your business can easily hire employees in Coreia do Sul with our EOR solution. If you have an entity, our Global Payroll solution takes care of payroll and compliance for your direct employees. Our 250+ in-house experts handle everything from managing local laws, complex tax systems, or your payroll in Coreia do Sul and 150+ countries.
Management fee
Starting at
$599
/month
Estimated Employer Cost
~12%
of employee salary