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South Korea
South Korea

South Korea is an East Asian economy with Seoul, Busan and Incheon at the centre of global industry and culture. Employers may value talent in electronics, semiconductors, automotive, gaming, biotech, finance, engineering, design and entertainment technology.

Interested in hiring or expanding in South Korea? Danbro International can support you on every step of this journey, allowing you to unleash global talent efficiently, compliantly, and quickly.

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South Korea at a glance

Fun Fact: Hangul, the Korean alphabet, was created in the 15th century.

Region
Asia
Capital City
Seoul
Time Zone
GMT+9
Population
51,600,000
Official Language (S)
Korean
Currency
KRW | Won | ₩
Employer Payroll Cost (approx)
10.70%
National Minimum Wage
2,156,880
KRW
per
Month
National Minimum Wage (GBP)
£1,113.56
per
Month
Statutory Annual Leave
11 - 25 days by tenure
Working Hours per Week
40

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Hiring Guide

South Korea

South Korea is an East Asian economy with Seoul, Busan and Incheon at the centre of global industry and culture. Employers may value talent in electronics, semiconductors, automotive, gaming, biotech, finance, engineering, design and entertainment technology.

Interested in hiring or expanding in South Korea? Danbro International can support you on every step of this journey, allowing you to unleash global talent efficiently, compliantly, and quickly.

Disclaimer

This document is provided for informational purposes only and reflects general market practice and applicable law as understood at the time of publication. It does not constitute legal, tax, or compliance advice. Employment law, tax legislation, and statutory rates are subject to change without notice, and obligations may vary depending on sector, collective bargaining agreement, and individual circumstances. Danbro International recommends that clients seek independent legal counsel before making employment decisions. For specific guidance, please contact your Danbro International account team.

South Korea at a glance

Fun Fact:Hangul, the Korean alphabet, was created in the 15th century.

Region
Asia
Capital City
Seoul
Time Zone
GMT+9
Population
51,600,000
Official Language (S)
Korean
Currency
KRW | Won | ₩
Employer Payroll Cost (approx)
10.70%
National Minimum Wage
2,156,880
KRW
per
Month
National Minimum Wage (GBP)
£1,113.56
per
Month
Statutory Annual Leave
11 - 25 days by tenure
Working Hours per Week
40

Detailed Info about South Korea