Inheritance & Gift Tax
An advisory service that reviews both the tax burden and the asset transfer structure throughout the inheritance and gift process.
Who Needs This
- When you're preparing to transfer assets among family members
- When you want to know the expected taxes and procedures for inheritance or gifts
- When you're looking for the most effective tax-saving approach to wealth transfer
Why HAON
- We design the optimal tax-saving plan based on the scale and nature of your assets
- Former National Tax Service property investigation team advisors directly manage your risks
- We provide not only support at the point of transfer but also ongoing post-transfer management
Fee Guide
| Asset value | Fee |
|---|---|
| Under 500 Million KRW | 3,000,000 KRW |
| 500 Million KRW to under 1 Billion KRW | 3,000,000 KRW + 0.4% of the amount exceeding 500 Million KRW |
| 1 Billion KRW to under 3 Billion KRW | 5,000,000 KRW + 0.3% of the amount exceeding 1 Billion KRW |
| 3 Billion KRW to under 5 Billion KRW | 11,000,000 KRW + 0.2% of the amount exceeding 3 Billion KRW |
| 5 Billion KRW to under 10 Billion KRW | 20,000,000 KRW + 0.1% of the amount exceeding 5 Billion KRW |
| 10 Billion KRW to under 50 Billion KRW | 30,000,000 KRW + 0.05% of the amount exceeding 10 Billion KRW |
| 50 Billion KRW to under 100 Billion KRW | 30,000,000 KRW + 0.03% of the amount exceeding 50 Billion KRW |
| 100 Billion KRW or more | 45,000,000 KRW + 0.02% of the amount exceeding 100 Billion KRW |
| Asset value | Fee |
|---|---|
| Under 200 Million KRW | 300,000 KRW |
| 200 Million KRW to under 500 Million KRW | 300,000 KRW + 0.2% of the amount exceeding 200 Million KRW |
| 500 Million KRW to under 1 Billion KRW | 900,000 KRW + 0.15% of the amount exceeding 500 Million KRW |
| 1 Billion KRW to under 2 Billion KRW | 1,650,000 KRW + 0.12% of the amount exceeding 1 Billion KRW |
| 2 Billion KRW to under 5 Billion KRW | 2,850,000 KRW + 0.1% of the amount exceeding 2 Billion KRW |
| 5 Billion KRW to under 10 Billion KRW | 5,850,000 KRW + 0.08% of the amount exceeding 5 Billion KRW |
| 10 Billion KRW to under 50 Billion KRW | 9,850,000 KRW + 0.05% of the amount exceeding 10 Billion KRW |
| 50 Billion KRW to under 100 Billion KRW | 29,850,000 KRW + 0.03% of the amount exceeding 50 Billion KRW |
| 100 Billion KRW or more | 44,850,000 KRW + 0.02% of the amount exceeding 100 Billion KRW |
Team members experienced in this area
FAQ
When should I start preparing for inheritance and gift tax?
Inheritance and gift tax are much better handled through early preparation rather than reviewed only just before transferring assets. The tax burden can vary significantly depending on the type of assets (real estate, stocks, cash, business shares), family structure, timing of transfer, and potential changes in future asset value.
Reviewing the structure in advance helps reduce unnecessary tax burden and prevents disputes or errors that may arise during the filing process.