For the many tax questions you meet while running a business, VALUE Tax & Accounting offers the clearest answers. Beyond simply recording numbers, we aim to be the strategic partner that grows the value of your business.
Built on expertise and trust, we protect your assets and create the best possible tax environment so you can focus solely on growing your business. VALUE Tax & Accounting, Choi Jun-wi CTAwill be with you.
Education & Career
We understand and analyse the characteristics of each industry to deliver optimised tax savings and systematic accounting management.
We manage the attribution of profit by percentage of completion and the documentation of on-site daily labour at site level. Before closing we check substantive capital and financial ratios, so that construction registration is maintained as well.
View detailsarrow_forwardWe design a cost structure so that the statement of cost of goods manufactured reflects how production actually flows. For the R&D and integrated investment tax credits, we manage the requirements from the moment each expense arises so nothing is disallowed at closing.
View detailsarrow_forwardWe put the zero-rating requirements and shipping documents in order and make early refunds routine to ease cash pressure. Transactions taxed differently, such as intermediary trade and consignment processing, are reviewed at the contract stage.
View detailsarrow_forwardWe start from the substance of the contract to decide whether revenue is the whole freight received or only the margin after paying the carrier. We then separate international from domestic legs and organise zero-rating evidence and disbursement invoices.
View detailsarrow_forwardTreatment is exempt while cosmetic procedures are taxable. We set the classification standard procedure by procedure and reconcile NHIS payment records with non-covered and card sales so the status return and the global income tax filing stay consistent.
View detailsarrow_forwardDispensing is exempt while OTC and cosmetics sales are taxable, so revenue splits at a single counter. We divide prescription and OTC purchases into deductible and non-deductible input VAT and recover the dispensing-fee tax withheld by the NHIS.
View detailsarrow_forwardWe set the criteria for splitting tuition and materials between exempt and taxable supplies and align instructor contracts with their substance. The business establishment status return and the global income tax return are managed so that both rest on a single revenue figure.
View detailsarrow_forwardWe start by fixing how purchase documentation is obtained so the deemed input tax credit can be used to the fullest. Card, cash and delivery sales are reconciled against POS records to evidence reported revenue, and platform commissions are recognised as a separate cost.
View detailsarrow_forwardThe requirements for the R&D credit accumulate from the moment you spend, not at closing. We build project-level payroll allocation first, then find the reduction you can actually claim based on where you founded and whether venture certification is available.
View detailsarrow_forwardWith inheritance, gifting and property transfers, a single decision sharply divides the tax outcome. The burden can only be reduced if it is reviewed before the transfer, before the sale.
The tax turns on the aggregation of prior gifts and the method of valuation. We calculate whether gifting or inheritance is more favourable and check the conditions for the spousal and family business deductions in advance.
View detailsarrow_forwardExemption for a single house per household, relief on expropriation compensation, membership-right analysis in redevelopment, and registered rental housing requirements. The burden can only be reduced if reviewed before the sale contract.
View detailsarrow_forwardUnlisted shares with no market price are valued by the method the statute prescribes. We work through the net earnings value, the net asset value and the premium for the largest shareholder to set the basis for inheritance, gift and business succession.
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Where a fixed sum is paid into a child's account each month, it can be reported as a fixed-term annuity and valued at present value. Filing within the deadline after the first payment is what decides it.
With negotiated compensation under way at the Gwangmyeong-Siheung public housing district, the largest of the third-phase new towns, we set out the revised expropriation relief rates and the strategy for each form of compensation.
Zero-rating is not allowed where it cannot be evidenced. We set out, as a checklist, the documents required for each type of transaction.
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