Skip to main content



#06. Severance payment

HR matter which should be considered  when hiring an employee in Korea 1. Severance payment According to the Korean laws, a company has to settle and pay severance payment to an employee who leaves the company after worked for more than 1 year. The severance payment is a separate liability to an employee which is different from salary, bonus, commission and other compensation according to an employment agreement. 

Latest posts

#05. What we have to discuss and decide before starting the process of incorporation

#04. Process for incorporation of Korean entity in Korea

#03. Korean compliance calendar 2021 - non-taxable entity

#02. Korean compliance calendar 2021 - taxable entity

#01. Korean holiday 2021