Statutory deadlines, audits, foreign exchange rules, internal controls and the penalties for missing them.
A December year-end Korean subsidiary files something in ten months out of twelve. Here is the whole calendar in one place, including the one annual filing that no longer exists and the one that becomes monthly in 2027.
Korea is not raising the numbers in the wage-arrears penalty. It is moving the offence into a heavier article of the Labor Standards Act, and the list of provisions that travel with it includes the overtime premium.
Korean law makes written rules of employment mandatory at ten employees, and requires a fresh filing every time you change them. Most foreign-owned entities cross the threshold without noticing, and most of those that do file are relying on a doctrine the Supreme Court abolished in 2023.
