South Korea Social Security Rate For Companies  2000-2017 | Data | Chart

The Social Security Rate For Companies in South Korea stands at 8.40 percent. Social Security Rate For Companies in South Korea averaged 9.22 percent from 2000 until 2015, reaching an all time high of 10.23 percent in 2013 and a record low of 8.20 percent in 2014.

South Korea Social Security Rate For Companies
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South Korea Taxes Last Previous Highest Lowest Unit
Corporate Tax Rate 24.20 24.20 30.80 22.00 percent [+]
Personal Income Tax Rate 38.00 38.00 38.00 35.00 percent [+]
Sales Tax Rate 10.00 10.00 10.00 10.00 percent [+]
Social Security Rate 16.76 16.38 18.52 15.30 percent [+]
Social Security Rate For Companies 8.40 8.20 10.23 8.20 percent [+]
Social Security Rate For Employees 8.40 8.20 8.40 6.70 percent [+]


South Korea Social Security Rate For Companies Notes

In South Korea, the Social Security Rate is a tax related with labor income charged to both companies and employees. Revenues from the Social Security Rate For Companies are an important source of income for the government of South Korea because they help to pay for many social programs including welfare, health care and many other benefits. This page provides - South Korea Social Security Rate For Companies - actual values, historical data, forecast, chart, statistics, economic calendar and news. South Korea Social Security Rate For Companies - actual data, historical chart and calendar of releases - was last updated on May of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
8.40 8.20 10.23 8.20 2000 - 2015 percent Yearly



social security rate for companies by Country

Last
France 40.63 Dec/16
China 37.00 Dec/16
Italy 32.08 Dec/16
Russia 30.00 Dec/15
Spain 29.90 Dec/16
Brazil 28.80 Dec/16
Turkey 22.50 Dec/16
Germany 19.33 Dec/16
Netherlands 18.69 Dec/16
Japan 15.20 Dec/16
United Kingdom 13.80 Dec/16
United States 13.65 Dec/16
India 12.00 Dec/16
Indonesia 11.74 Dec/16
Australia 9.50 Dec/16
South Korea 8.40 Dec/15
Canada 7.58 Dec/16
Mexico 7.58 Dec/15
Switzerland 6.25 Dec/16