SELIM

Service Fees

Advisory & ConsultingService Fees

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 be determined upon negotiation

(*) 10% off from the above fee table for individual businesses.
(*) For corporate businesses, if the income amount is less than the capital (including surplus capital), the above fee table is applied based on the capital.
(*) For real estate leasing businesses, the fee is determined by multiplying the income amount by three.
(*) If cost accounting is required, the fee is determined by adding 10% to the benchmark fee on the fee table.
(*) Minimum KRW 200,000, 40% is added from the monthly bookkeeping fee in the case of offering monthly settlement report.

02. Advisory and Consulting fees

Unit: KRW

No.	Range of Annual Income	Monthly Fees	Remarks
1	10.0 Billion or less	300,000
2	30.0 Billion or less	500,000	Report to be provided
3	50.0 Billion or less	700,000	Report to be provided
4	More than 50.0 billion	1.000,000	Report to be provided

(*) Company visits are based on a semi-annual frequency, and the number of visits can vary upon mutual agreement with clients.
(*) For industries classified as professional or service-based contracts, an additional 30% can be added to the monthly base fees.
(*) In actual application, the monthly base fee may be added or deducted based on the income standard and the complexity of the work upon mutual agreement.
(*) The principle for assigning advisory personnel is to allocate an individual with more than 3 years of experience, and if the monthly advisory fee exceeds KRW 500,000, the personnel assigned are of the certified tax accountant level.

03. Outsourcing Service

(1) Payroll Service

① The rate per employee is set at KRW 17,000. However, for 10 individuals or fewer, it is set at KRW 200,000.
② 10 employees to 100 employees: KRW 17,000 per person.
③ More than 100 employees up to 200 employees: KRW 15,000 per person for each additional individual beyond 100.
④ More than 200 employees up to 500 employees: KRW 12,000 per person for each additional individual beyond 200.
⑤ More than 500 employees: KRW 10,000 per person for each additional individual beyond 500.

(2) Accounting Service at the place of Clients (accounting work at the company site)

1) Service fee depends on the position of a person in charge and the frequency of visits.

① Senior CTA : 1,500,000 per visit
② Experienced CTA : KRW 1,200,000 per visit
③ Director / CTA in charge : KRW 1,000,000 per visit
④ General manager / Department head: KRW 700,000 per visit (over 3 years of working experience).
⑤ Manager / Assistant Manager : KRW 500,000 per visit (over 3 years of working experience).
⑥ Staff: KRW 300,000 per visit (under 3 years working experience).

2) Hours per Visit

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 Fee for Tax Reconciliation (Table No. 2)

Unit: KRW

No.	Range of Annual Income	Annual Service Fees
1	0.2 billion or less	450,000
2	0.2 billion or more up to less than 0.5 billion	450,000 + (Amount exceeding 0.2 billion) * 16.0 / 10,000 (0.16%)
3	0.5 billion or more up to less than 1.0 billion	930,000 + (Amount exceeding 0.5 billion) * 8.0 / 10,000 (0.08%)
4	1.0 billion or more up to less than 5.0 billion	1,330,000 + (Amount exceeding 1.0 billion) * 6.0 / 10,000 (0.06%)
5	5.0 billion or more up to less than 10.0 billion	3,730,000 + (Amount exceeding 5.0 billion) * 3.3 / 10,000 (0.033%)
6	10.0 billion or more up to less than 50.0 billion	5,380,000 + (Amount exceeding 10.0 billion) * 1.7 / 10,000 (0.017%)
7	50.0 billion or more up to less than 100.0 billion	12,180,000 + (Amount exceeding 50.0 billion) * 1.3 / 10,000 (0.013%)
8	100.0 billion or more	18,680,000 + (Amount exceeding 100.0 billion) * 0.6 / 10,000 (0.006%)

(2) Adjustment of Annual Income

1) In the case of Asset-based businesses, the average amount of the 50% of the total assets and the annual income amount is considered as the range of annual income on the above table. (Asset-based businesses refer to companies where the total assets exceed twice the income amount.)
2) For real estate leasing businesses, compensation is calculated based on three times the income amount.
3) For professional businesses including lawyers, patent attorney and doctor, the double annual income amount is to be applied

(3) If additional ancillary tasks are added to the base compensation, a surcharge item will be applied, and if there are reasons for discount, the discount rate will be applied.

1) Corporates
     Surcharge items (+):
                Application of the tax exemption regulations: 20 %
                Company External Audit required: 30% (Voluntary Audit 20%)
                Service for Professional jobs: 20%
                Service for Foreign Direct Investment Company: 20% (additional 10% for equity method preparation)
                Service for Asset Valuation: 10%
                Service for Local Income Tax Filing: 10%
    Discount items (-) :
                No cost calculation required: 10%
                In-house accounting or external consulting firms: 10%

2) Individual
    Surcharge items (+):
                Application of the tax exemption regulations: 20 %
                Service for Professional jobs: 20%
                Other income aggregation: 20%
                Additional advisory tasks: 10% (Case 1), 20% (Case 2)
                Temporary bookkeeping: 20% (Case 3), 30% (Case 4), 50% (Case 5)
    Discount items (-) :
                No cost calculation required: 10%
                Service for Individual Business: 10%

(4) Additional compensation for diligent reporting:

1) For general industries, a surcharge of 0.2% is applied to reported sales (with a limit of KRW 2.5 million).
2) For new construction sales businesses, a surcharge of 0.1% is applied to reported sales (with a limit of KRW 3.0 million).

05. Service Fees for Tax Base Filings

No.	Classification	Standard Service Fee
1	Global Income Tax Filing (Simple Ledger)	Table No.2 to be applied
2	General Income Tax (Simple, Basic Expense Rates)	50 % of Table No. 2 to be applied
3	Business Operation Filing	50 % of Table No. 2 to be applied
4	Value Added Tax Filing (Simplified)	30 % of Table No. 2 to be applied
5	Value Added Tax Filing (Simplified)	20 % of Table No. 2 to be applied
6	Capital Gain Tax Filing	60 % of Table No. 3 to be applied
7	Gift Tax Filing	Table No. 3 to be applied
8	Inheritance Tax Filing	Table No. 4 to be applied
9	Filing for other National Tax & Municipal Tax	50 % of Table No. 2 to be applied

1) For the case of General 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 for Capital gain, Inheritance & Gift tax are KRW 200,000 per case.

06. Service fees for Inheritance & Gift Tax Filing (Table No. 3)

6-1. Capital Gain Tax 60% of the Table No.3 to be applied)

Unit: KRW

No.	Total Assets	Standard Service Fee
1	Less than 0.2 Billion	200,000
2	0.2 Bil. ~ less than 0.5 Bil.	{200,000 + (Amount exceeding 0.2 billion * 2.00) / 1,000}* 0.6
3	0.5 Bil. ~ less than 1.0 Bil.	{800,000 + (Amount exceeding 0.5 billion * 1.50) / 1,000}* 0.6
4	1.0 Bil. ~ less than 3.0 Bil.	{1,550,000 + (Amount exceeding 1.0 billion * 1.00) / 1,000}* 0.6
5	3.0 Bil. ~ less than 5.0 Bil.	{3,550,000 + (Amount exceeding 3.0 billion * 0.50) / 1,000}* 0.6
6	5.0 Bil. ~ less than 10.0 Bil.	{4,550,000 + (Amount exceeding 5.0 billion * 0.25) / 1,000}* 0.6
7	10.0 Bil. ~ less than 50.0 Bil.	{5,800,000 + (Amount exceeding 10.0 billion * 0.20) / 1,000}* 0.6
8	50 Billion and more	{13,800,000 + (Amount exceeding 50.0 billion * 0.10) / 1,000}* 0.6

* However, the minimum compensation per case is set at KRW 200,000.
* If additional ancillary tasks are added to the base compensation, surcharge items are applied, and if there are reasons for discount, the discount rate is applied.

  < Surcharge Items >
     - 25% Surcharge Items: Aggregate reporting, comparative taxation
     - 50% Surcharge Items: Transfer of commercial housing, income from transfer of multiple housing units, non-taxable determinations, tax reductions due to 8-year ownership or acceptance, etc., in the case that taxes are reviewed for the same asset more than twice.

  < Discount Items >
     - 30% Discount Item: Simple bilateral real estate appraisal
     - 30% Discount Item: bookkeeping (advisory)

6-2. Gift Tax

Unit: KRW

No.	Total Assets	Standard Service Fee
1	Less than 0.2 Billion	200,000
2	0.2 Bil. ~ less than 0.5 Bil.	200,000 + (Amount exceeding 0.2 billion * 2.00) / 1,000
3	0.5 Bil. ~ less than 1.0 Bil.	800,000 + (Amount exceeding 0.5 billion * 1.50) / 1,000
4	1.0 Bil. ~ less than 3.0 Bil.	1,550,000 +(Amount exceeding 1.0 billion * 1.00) / 1,000
5	3.0 Bil. ~ less than 5.0 Bil.	3,550,000 + (Amount exceeding 3.0 billion * 0.50) / 1,000
6	5.0 Bil. ~ less than 10.0 Bil.	4,550,000 + (Amount exceeding 5.0 billion * 0.25) / 1,000
7	10.0 Bil. ~ less than 50.0 Bil.	5,800,000 + (Amount exceeding 10.0 billion * 0.20) / 1,000
8	50 Billion and more	13,800,000 + (Amount exceeding 50.0 billion * 0.10) / 1,000

* However, the minimum compensation per case is set at KRW 200,000.
* For simple cash gifts, a discount of up to 25% from the minimum compensation is applicable.
* If reviewing taxes for the same asset more than twice, a surcharge of 50% is applied.

6-3. Inheritance Tax

Unit: KRW

No.	Total Assets	Standard Service Fee
1	Less than 0.2 Billion	700,000
2	0.2 Bil. ~ less than 0.5 Bil.	700,000 + (Amount exceeding 0.2 billion * 3.00) / 1,000
3	0.5 Bil. ~ less than 1.0 Bil.	1,600,000 + (Amount exceeding 0.5 billion *2.50) / 1,000
4	1.0 Bil. ~ less than 3.0 Bil.	2,850,000 +(Amount exceeding 1.0 billion * 2.00) / 1,000
5	3.0 Bil. ~ less than 5.0 Bil.	6,850,000 + (Amount exceeding 3.0 billion * 1.50) / 1,000}
6	5.0 Bil. ~ less than 10.0 Bil.	9,850,000 + (Amount exceeding 5.0 billion * 0.50) / 1,000
7	10.0 Bil. ~ less than 50.0 Bil.	12,350,000 + (Amount exceeding 10.0 billion * 0.25) / 1,000
8	50 Billion and more	22,350,000 + (Amount exceeding 50.0 billion * 0.10) / 1,000

* However, the minimum compensation per case is set at KRW 700,000.
* Financial property surcharge: A surcharge of 30% is applied to the base compensation based on the proportion of financial assets (including pre-gifted assets) to the total inherited property.
* Compensation for inheritance investigation work is charged separately.

07. Service fees for the application of objection to NTS

(1) Basic Service fees 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	Upper limits
1	under KRW 50 Million	20% of cancellation or reassessment deduction price
2	under KRW 200 Million	15% of the amount exceeding 50 million + 10 million
3	under KRW 500 Million	12.5% of the amount exceeding 200 million + 32.5 million
4	under KRW 1,000 Million	10% of 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 Other objections equivalent to filing for assessment due to National Tax Service regulations,
     applications for tax relief, etc., are treated as representation for objections
     => 50% of the benchmark compensation under item ①.
③ In cases where only objection documents are prepared:
     => Per case: KRW 2 million (For statement of grounds, objection to assessment, KRW 1 million per case)
     * However, if the cancellation or reduction of assessed tax exceeds KRW 100 million, or if the case is significantly complex:
        Upon agreement with the client: KRW 5 million per case
       (For statement of grounds, objection to assessment, KRW 3 million per case).

(Adjusted) The "Basic Compensation Table for Objection" is adjusted as follows:

1) Reporting, Evidence Provision Tasks: whichever is higher between 7% of the savings benefit and the daily fixed compensation
2) Objection Filing, Objection to Assessment, Handling Complaints: whichever is higher between 10% of the savings benefit and the daily fixed compensation
3) Examination, Appeal for Judgment Tasks: 15% of the savings benefit. However, for cases with amounts under KRW 50 million, 20%.
4) Considering factors such as difficulty and scale of the objection amount, compensation is determined within the adjusted range mentioned above.
5) The initial payment is generally set within 50% of the (estimated) total contract amount.
6) For bookkeeping or advisory firm-related matters, a discount of up to 30% is applied within the aforementioned compensation criteria

(2) The 'daily fixed compensation' is calculated based on the daily time spent by participants at each position. However, if the compensation calculated based on the savings benefit and daily fixed compensation determined by (1) and (2) is lower, the compensation calculated based on the daily fixed compensation is applied. This criterion is also applied in the calculation of compensation for 'investigation initiation tasks', etc

[Daily Service Fee by Position]

Daily rate for each position * Time required for the task = 'Daily fixed compensation' based on the daily rate criteria

Unit: KRW

Position	Senior CTA	CTA in charge	Director
Daily Rate	1.5 million	1.2 million	1 million
Position			General manager / Department head	Manager / Assistant Manager	Staff
Daily Rate			700,000	500,000	300,000

(*) Daily Calculation

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 Position]

Position	Hourly Rate	Remarks
Senior CTA	300,000
CTA in Charge	200,000
Director-level	150,000
General manager / Department head	100,000
Manager/Assistant Manager-level	70,000
Staff-level	50,000

Headquarters 1

T. +82-2-854-2100 / F. +82-2-854-2120

Headquarters 2

T. +82-2-501-2155 / F. +82-2-854-2516