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Standard Fees

home Advisory & ConsultingStandard Fees

Service Fees Table of SELIM

(effective from 01.01.2017)
 
  • 01. Table for The Monthly Booking and Financial Reporting Fees (Table No.1)
    Unit: KRW
    No. Range of Annual Income Monthly Fees Remarks(Foreign investment Company
    1 0.3 Billion or less 150,000
    2 0.5 Billion or less 200,000 300,000
    3 1.0 Billion or less 250,000 350,000
    4 1.5 Billion or less 300,000 400,000
    5 2.0 Billion or less 350,000 450,000
    6 3.0 Billion or less 400,000 500,000
    7 5.0 Billion or less 500,000 600,000
    8 10.0 Billion or less 700,000 800,000
    9 20.0 Billion or less 1,000,000 1,100,000
    10 More than 20.0 Billion To set the fees with negotiation
    (*) 10% is discounted from the above fee for the individual business.
    (*) Minimum 200,000 KRW, 40% is added from the monthly bookkeeping fee in the case of offering monthly ending report.
  •  
    02. Consulting fee
    1) Telephone consulting service
    Unit: KRW
    No. Range of Annual Income Monthly Fees Remarks
    1 For all Income size  200,000 Only conference call
     
    2) Corporate consulting service (annual income under KRW 20.0 Billion)
    Unit: KRW
    No. Range of Annual Income Monthly Fees Remarks
    1 20.0 Billion or less 300,000 visit Client's officebiannually (Basic)
    2 500,000 visit Client's office quarterly
    (*) consulting services on a phone will be provided basically. 
     
    3) Corporate consulting service (annual income exceeding KRW 20.0 Billion)
    Unit: KRW
    No. Range of Annual Income Monthly Fees Remarks
    1 More than 20.0 Billion 500,000 visit Client's officebiannually (Basic)
    2 700,000 visit Client's office quarterly
    3 1,000,000

    visit Client's office monthly, Report biannually

     
    03. Outsourcing Service
    1) Payroll Service
    PAY ROLL SERVICE is KRW 15,000 per person.
    But less than 10 staffs are KRW 150,000.
    VAT not included
    2) Accounting Performance Service (per Visit Service)
    (1) Service fee depends on thepositon and visit number.
    • ① Manager CTA : 1,500,000 KRW / One visit.
    • ② Senior(CTA) : 1,200,000 KRW / One visit.
    • ③ Director / CTA in charge : 1,000,000 KRW / One visit
    • ④ General manager / Department head: 700,000 KRW / One visit. (above 3 years working experience).
    • ⑤ Section chief / Deputy :500,000 KRW / One visit (above 3 years working experience).
    • ⑥ Staff: 300,000 KRW / One visit (under 3 years working experience).
    (2) Day on Visit hours
    (*) Basis of 1 day
     
    Less than 2 hr Less than 4 hr Less than 6 hr 6 hr and above Over 8 hr
    1/4 Day 1/2 Day 3/4 Day 1 Day 1.5 Day
    04. Service fees for the Tax Reconciliation
    (1) Standard Fees for Tax Reconciliation (Table No. 2)
    Unit: KRW
    No. Range of Annual Income Annual Service Fees
    1 Less than 0.1 Billion 350,000
    2 0.1 Bil. ~ less than 0.5 Bil. 350,000 + Over 0.1 Billion * 14.0/10,000(=0.14%)
    3 0.5 Bil. ~ less than 1.0 Bil. 910,000 + Over 0.5 Billion*7.0/10,000(=0.07%)
    4 1.0 Bil.~ less than 5.0 Bil. 1,260,000 + Over 1.0 Billion*5.0/10,000(=0.05%)
    5 5.0 Bil.~ less than 10.0 Bil. 3,260,000 + Over 5.0 Billion*3.2/10,000(=0.032%)
    6 10.0 Bil. ~ less than 50.0 Bil. 4,860,000 + Over 10.0 Billion*1.6/10,000(=0.016%)
    7 50.0 Bil. ~ less than 100.0 Bil. 11,260,000 + Over 50.0 Billion*1.2/10,000(=0.012%)
    8 More than 100.0 Billion 17,260,000 + Over 100.0 Billion*0.60/10,000(=0.006%)
    (1) Adjustment of Annual Income
    1) For the Asset enterprise which is of Corporate business, the average amount of the 50% of the total asset and the annual income amount is to be applied (the Asset enterprise means the enterprise of which asset totalis bigger than double of the annual income amount)
    2) For the Real estate rental business, the triple annual income amount is to be applied
    3) For professional businesses including lawyers, patentattorney and doctor, the double annual income amount is to be applied
    (2) Extra Services are to be added or discounted upon the reasons below from the basic service fees
    1) Corporate Entity
          Addition items (+):
            Application of the tax Exemption form : 20 %
            Company Extermal Audit required: 30% (Voluntary Audit 20%)
            Service for the Professional: 20%
            Service for Foreign Direct Investment Company: 20% (Service for Equilty method 10% added)
            Service for Asset Valuation: 10%
            Service for Local Income Tax Filing: 10%
        Deduction items (-) :
                    Where no Cost Accounting required: 10%
                    Client Self-accounting or External Consulting Company: 10% 
    2) Individual 
         Addition items (+):
            Application of thetax Exemption form: 20 %
            Service for the Professional: 20%
            Service for Adding up other Income: 20%
            Service for Additional Service: 10% (Case1), 20%(Case2)
            Temporary Book-keeping Service: 20% (Case3), 30% (Case 4), 40% (Case 5)  
        Deduction items (-):
            Where no Cost Accounting required: 10%
            Service for Individual Business: 10%  
  • 05. Service Fee for the various Tax Base Filing
    No. Classification Standard Service Fee
    1 Filing for Composite Income Tax(Simple Ledger) Table No.2 applied
    2 Filing for Composite Income Tax(Simple, Basic Expense Rates) 50 % of Table No. 2 applied
    3 Filing for Business Operation 50 % of Table No. 2 applied
    4 Filing for Value Added Tax 50 % of Table No. 2 applied
    5 Filing for Value Added Tax (Simple Method) 30 % of Table No. 2 applied
    6 Filing for Capital Gain Tax 50 % of Table No. 3 applied
    7 Filing for Inheritance Tax, GifT Tax Table No. 3 applied
    8 Filing for other National Tax & Municipal Tax 50 % of Table No. 2 applied
    1) For the case of Composite Income Tax filing with basic expense rate or simple expense rate.
          => 50 % of Table No. 2 is to be applied (70% for Service business and Real Estate rental business)
    2) The minimum fee per case is KRW 50,000.
         But the Fee for the filing Service fot Capital gain, Inheritance & Gift tax are KRW 150,000 per case.
  • 06. Service fee for Inheritance & Gift Tax (Table No. 3)
    Unit: KRW
    No. Total Assets Standard Service Fee
    1 Less than 0.2 Billion 300,000
    2 0.2 Bil. ~ less than 0.5 Bil. 300,000 + Excess of 0.2 Bil.* 3.00 /1,000
    3 0.5 Bil. ~ less than 1.0 Bil. 1,200,000 + Excess of 0.5 Bil. * 2.50 /1,000
    4 1.0 Bil. ~ less than 3.0 Bil. 2,450,000 + Excess of 1 Bil. * 2.00 /1,000
    5 3.0 Bil. ~ less than 5.0 Bil. 6,450,000 + Excess of 3.0 bil. * 1.50 /1,000
    6 5.0 Bil. ~ less than 10.0 Bil. 9,450,000 + Excess of 0.5 Bil. * 0.50 /1,000
    7 10.0 Bil. ~ less than 50.0 Bil. 11,950,000 + Excess of 10 Bil * 0.25 /1,000
    8 50 Billion and above 21,950,000 + Excess of 50 Bil. * 0.10 /1,000
  • 07. Service fee for the application of objection to NTS
    1) Basic Service fee for the appeal to NTS
    ① The filing service for the Formal objection, Request for inspection, Appeal to tax Tribunal and Administration.
    No. Amount of Cancellation or Deduction Limiation of Service fee
    1 under KRW 50 Million 20% from cancellation or reassessment deduction price
    2 under KRW 200 Million 15% from the price excess 50 million + 10 million
    3 under KRW 500 Million 12.5% form the price excess 200 million + 32.5 million
    4 under KRW 1,000 Million 10% from the price excess 500 million + 70 million
    5 excess KRW 1,000 Million  7% form the price excess 1,000 million +120.0 million
    ② In case of simple formal objection, just like appilcation of tax difficulties treatment and the similar cases
         to meet the Official Order from National Tax Service.
         => 50 % of No ① table this clause (however, if below 50 million, applied 20 %)
    ③ Only documentation works for the appeal.
         => KRW 2 million per case (for the preparation of letter for explanation or request fot examination, 1mill per case) 
         *However, the amount of cancellation or rectification are above 300 million or the case is remarkably complicated,
            the service fee is to be KRW 5mil.mil. as per agreed & contracted with clients.
           (for the preparation of letter for explanation or request for examiniation, 3 million per case.)
  • (Reference) Fees for each advisory & appeal services
    1) Service for Filing, Explanation cases: Max [Service Fee, (7%) of Tax saving Benefits]
    2) Appeal for Taximposement, Request for examination, Difficult treatment: Max [Service Fee, (10%) of Tax saving Benefits] 
    3) Service for appeal to Tax Tribunal: (15%) of Tax saving benefits
           For the case of 50 milion or below per case, the fee is to be (20%)
    4) The Fee is to decideafter the level of difficulty and refund amount are considered
    5) The retainer fee is to be paid by 30 of the contract amount. 
    6) The clients who are delegated the bookkeeping and monthly consulting service to Selim will be discounted
         within the range of 30%
    2) Application Standard of Daily Rate by Grade and Service Hours 
         If the service fees based on the above No. (1) and (2) are lower than the fees by "Daily Rate Table",
         the service fee will be applied based on the Daily Rate.
         This daily service fee is also to be appliedon the service for the tax investigation assistance, etc.
    [Daily Service Fee by Grade]
    Unit: KRW
     
    Grade Manager CTA Senior CTA Director / CTA in charge
     
    Daily Rate

    1,500,000 /one day

    1,200,000 /one day

    1,000,000 /one day

       
    Grade     General manager / Department head Section chief / Deputy Staff
    Daily Rate     

    700,000 /one day

    500,000 /one day

    300,000 /one day

    (*) Basis of 1 day
    Less than 2 hr Less than 4 hr Less than 6 hr 6 hr and above Over 8 hr
    1/4 Day 1/2 Day 3/4 Day 1 Day 1.5 Day
    [Hourly Rate by Grade]
    Grade Hourly Rate Remarks
    Senior CTA 200,000  
    CTA in Charge 150,000  
    Eesa level 150,000  
    Bujang level 100,000  
    kwajang level 70,000  
    Daeri level 50,000  
    Sawon level 30,000  
    Headquarters 1
    T. +82-2-854-2100 / F. +82-2-854-2120
    Headquarters 2
    T. +82-2-501-2155 / F. +82-2-854-2516