South Korea Social Security Rate For Companies  Forecast


Social Security Rate For Companies in South Korea is expected to be 8.40 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the South Korea Social Security Rate For Companies is projected to trend around 8.40 percent in 2020, according to our econometric models.


South Korea Social Security Rate For Companies
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South Korea Taxes Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Corporate Tax Rate 22 22 25 25 25 25
Personal Income Tax Rate 38 37.39 37.27 37.14 37.02 36.13
Sales Tax Rate 10 10 10 10 10 10
Social Security Rate 16.76 16.76 16.76 16.76 15.53 16.76
Social Security Rate For Companies 8.4 8.4 8.4 8.4 8.25 8.4
Social Security Rate For Employees 8.4 8.4 8.4 8.4 8.36 8.4