Study 1 - The Client: a North American company was bidding for a nuclear reactor project in South Korea, as part of the bid process they had to provide the name of the company that would sponsor their staff on South Korean Work Permits/Visas for the duration of the project. They looked into sponsoring their staff directly and then tried to find local companies they could partner with, both to no avail. They then came across www.contractortaxation.com and we were able, along with our locally based partner company, to provide South Korean sponsorship and local South Korean pay-rolling for all of their staff. They then added these details to their bid. They duly won the bid and we now sponsor 40 of their staff on local South Korea Permits.
Study 2 – Contractor: a London based recruitment agent, Tom, had been given a job spec for a contractor to work in South Korea. The contractor was a Canadian national and would require both Work Permit sponsorship and local pay-rolling for the duration of his contract in Seoul. Tom, having dealt with Contractor Taxation for a number of international contract assignments contacted us immediately. We were able to provide him with costs and timeframes for Work Permit sponsorship and he was able to get back to his client immediately with a solution. With our local partner we now sponsor several of Tom’s South Korean (and other Asian) based contractors on local Work Permits and provide local South Korea payroll.