Register for home tax ID and apply for Tax Refund in South Korea

If you are working in South Korea and paying income tax regularly, you can apply for a tax refund. The Korean government has decided to give a tax refund of 5 years to the youth working in the country. But before applying for the tax refund there are some points that you should know.

1. Age: 15 to 34 years
2. You can not do it on your own. Your company should permit you to apply for this. And the company should give a form filled up with the company stamp.
3. You can do it either online or by visiting the nearest tax office.
4. Whether you apply online or manually visiting the tax office you need the document from your company. 
5. If you are working in Korea before 2011-12-31 and still working in the same company, you can not apply for the tax refund. But you can apply if you are working in Korea after 2011-12-31.
6. You can get a tax refund for maximum 5 consecutive years
7. If you have changed the company I recommend you to visit the nearest tax office for the application.
8. 연말정산 and this tax refund are different terms. (Detailed videohttps://www.tiktok.com/t/ZSeBDNJDY/)

If you want to apply online you need to sign up for the tax ID.  So, download the Home Tax app on your mobile phone or you can sign up with your PC.

Sign up Process (회원가입)

• Open hometax.go.kr on any browser
• Click on 회원가입. Mobile users first 로그인 then 회원가입
• Agree to the terms and conditions provided there. Check all the boxes ( tick mark)
• Fill up your personal details in 개인. 
• Enter your name on 성명. Last name and first name. For example SHARMA HARI BAHADUR
• Enter your Alien card number in 주민등록번호 without dash(-). Example: 910428  1230001
• Choose 휴대전화 인증 for the verification
• Enter your mobile number. It should be registered with your document.
• Choose telecom. If choosing SKT/KT/LG U+ does not work, then choose 알뜰폰 then again choose your telecom(SKT/KT/LG U+)
• Now agree to the terms and conditions. Put a tick mark on all boxes
• Click on 확인 to go to the next page. Now you will get a verification code on your mobile phone.
• Enter the verification code on 인증번호 and click on 인증.

Now you will be redirected to the next page. Here you can create your username and password.

Create your own ID on 아이디 and click on 중복확인 to check whether it is available or not. If you see 사용 가능 합니다, it indicates the username/ID is available. 

Now create your password on 비밀번호.

Tax ID criteria

 You can use alphabets and numbers to create your ID. Your ID should be of at least 6 and not exceeding 20 characters.

Password Criteria

Password may contain 9-15 characters.  You should use at least one upper case (capital letter), number, and any special characters like @!*^#&%. 

Example; ID:-  tax321

                Pw:- Home@tax1

Re-type your password on 비밀번호 확인. You are not allowed to enter different passwords on both boxes. 

• Now enter your mobile number on 휴대전화번호
• Enter your e-mail address in 이메일. select 예 on SMS and 이메일 수신동의
• Recheck all your details. If everything is correct click on 완료 at the bottom.

Finally, your tax ID is created. Now you can log in. Watch the video tutorial below to apply for the tax refund using your mobile phone.

Forgot Id and passoword?? Click on this link to reset it

https://youtu.be/5u_jYf51Rm0

For any assistance:-  fb.com/arjun.r.shrma

Download tax refund document

All the above information is provided on the official site of National Tax Service Korea

Full video tutorial to apply for tax refund 👇