Business Resources

Korea Statutory Update – National Pension Capping Update

Dear Customers.

Please be informed of the Korea Statutory Update for the National Pension capping effective from July 1st 2020.

National Pension capping will be updated as :

From 1 July 2020 to 30 June 2021
Lowest BV capping – KRW 320,000.00
Highest BV capping – KRW 5,030,000

Please feel free to contact us if you have any questions.