Corporate Tax Comparison

Egypt vs South Korea

Compare Egypt and South Korea corporate tax rates, filing due dates, withholding tax, VAT, capital gains tax, and effective tax metrics for cross-border company planning.

Published — Egypt: 2/14/2024 · South Korea: 2/14/2024 · Time of Update — Egypt: 10/07/2026 · South Korea: 9/29/2026

Base Country/Region

Compare Country/Region

Compare Corporate Tax

Egypt

South Korea

Basic Corporate Tax Comparison

PwC World Tax Summary OECD Statistics

Published — Egypt: 2/14/2024 · South Korea: 2/14/2024 · Time of Update — Egypt: 10/07/2026 · South Korea: 9/29/2026

Corporate Income Tax (CIT)

Egypt

South Korea

General CIT Rate:

22.5

General CIT Rate:

Progressive: 10% (up to 200M KRW), 20% (200M-20B KRW), 22% (20B-300B KRW), 25% (over 300B KRW)

CIT Return Due Date:

Within four months after the end of the fiscal year.

CIT Return Due Date:

Mid-term tax returns: within two months from the end of the six-month period; annual tax returns: within three months from the end of the fiscal year.

CIT Payment Due Date:

Within four months after the end of the fiscal year.

CIT Payment Due Date:

The submission of the declaration form (instalment payments are allowed in the case of elections).

CIT Estimated Payment Due Date:

Egyptian taxpayers have the option to use the prepayment method. This means that they can pay 60% of the previous year's declared tax (or the estimated amount for the current year) to the Egyptian Tax Authority in three installments. If they choose to do so, they do not have to comply with the local income withholding tax rules (their income will not be subjected to local withholding tax).

Withholding Tax (WHT)

Egypt

South Korea

Resident Withholding Tax (Dividend/Interest/Royalty):

5-10/0/0

Non-Resident Withholding Tax (Dividend/Interest/Royalty):

5-10/20/20

Value-Added Tax (VAT)

Egypt

South Korea

General VAT Rate:

Learn More Value-Added Tax (VAT)

Capital Gain Tax (CGT)

Egypt

South Korea

General Capital Gain Tax Rate:

0 or 22.5

General Capital Gain Tax Rate:

Taxed as ordinary income at the normal CIT rates; gains on certain housing and non-business land also bear an additional 10-40% tax (Corporate Tax Act Art. 55-2)

Effective Tax Rate (ETR)

Egypt

South Korea

Composite Effective Average Tax Rate:

20.81%

Composite Effective Marginal Tax Rate:

14.44%

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