International Tax · Korea

Cross-border business,
built from the source up.

TaxKstones (Huwon Tax Corporation) is a Korean tax firm centered on international tax. For companies expanding abroad and foreign companies entering Korea, we address tax issues at their source — the transaction itself — and build a foundation that holds on both sides of the border.

ABOUT

The promise in our name

厚
Hu — depth

Not a single filing, but a lasting relationship. We build trust that runs deep.

源
Won — source

We look past the figures to their source: the transaction and its structure. Get the source right, and the outcome holds.

TaxKstones
Stepping stones

Solid ground for a growing business to stand on — tax work laid carefully, one stone at a time.

A firm of accountable professionals

Our certified tax accountants work together as peers, not in a hierarchy. Each advisor takes direct, end-to-end responsibility for their clients, and we share expertise across specialties to find better answers.

Work is never simply handed down the line, so you always speak directly with the advisor who knows your matter best.

Direct responsibilityYour advisor personally handles everything from consultation to filing.
Collaboration among peersAdvisors pool their experience to bring more depth to every judgment.
Source-first approachWe examine structures and root causes before fixing outcomes.
INTERNATIONAL TAX

International tax is at the core of what we do

Every cross-border transaction is governed by at least two tax systems and a tax treaty at once. Decisions made from one side alone come back as double taxation or unexpected assessments. We start by understanding the structure and the flow of funds, then review Korean tax law, the other jurisdiction's rules and the applicable treaty together.

OUTBOUND · GOING GLOBAL

Korean companies expanding abroad

The moment you invest in or set up a foreign entity, or earn foreign-source income, Korean reporting obligations and tax issues begin.

  • Tax review of overseas direct investment and subsidiary setup
  • Overseas subsidiary reports and information returns
  • Foreign tax credits and foreign-source income
  • Transactions with foreign subsidiaries and transfer pricing
INBOUND · INVESTING IN KOREA

Foreign companies doing business in Korea

We help foreign corporations and foreign-invested companies operate with confidence under Korean tax law, from establishment through ongoing compliance.

  • Tax compliance for foreign-invested companies and Korean branches
  • Permanent establishment (PE) analysis
  • Withholding on payments to non-residents and treaty relief
  • Closing and tax reporting packages for headquarters
Transfer PricingArm's-length review of related-party cross-border transactions and required filings
Tax TreatiesReduced treaty rates, certificates of residence and double-tax relief
Overseas Financial AccountsFiling-obligation review, balance calculation and report preparation
IndividualsTax residency, foreign income reporting, and tax on moving abroad or returning to Korea
SERVICES

Services

01

International Tax

Dedicated support for the cross-border transactions of outbound Korean companies and foreign-invested companies, including transfer pricing and treaty application.

02

Corporate Income Tax

Tax adjustments and corporate income tax returns based on your financial statements, with a thorough review of available credits and incentives.

  • Tax adjustment statements
  • Tax credits & incentives
  • Interim prepayments & amended returns
03

Value-Added Tax

Preliminary and final VAT returns, with advance review of taxability, input tax credits and transaction-specific issues.

  • VAT return filing
  • Input tax deductibility
  • Zero-rating & exemptions
04

Local Corporate Income Tax

Accurate apportionment and filing across business locations, along with refund opportunities through claims for correction.

  • Apportionment by location
  • Refund claims
  • Local tax incentive review
05

Tax Advisory

Tax opinions for business decisions, from transaction structuring to impact reviews before key decisions.

  • Transaction structuring
  • Tax risk assessment
  • Tax audit support
06

Bookkeeping & Compliance

Accurate books lead to accurate returns. We manage ongoing bookkeeping, withholding tax and statutory filings.

  • Bookkeeping
  • Withholding tax & payment statements
  • Annual filing calendar