Cómo declarar criptomonedas en Corea del Sur
South Korea has repeatedly postponed its cryptocurrency tax. In December 2024, it was approved to delay it until January 1, 2027: at which point a 22% rate (20% plus 2% local tax) will apply to annual gains exceeding 2.5 million won.
Quick Tax Summary
- Tax type
- Virtual Asset Tax (deferred)
- Tipo aplicable
- 0% until 2027; then 22% on gains exceeding 2.5 million won
- Tax-exempt minimum
- 2.5 million won annually (when effective)
- Crypto-to-crypto
- Taxable once the tax comes into effect
- Staking y recompensas
- Pending regulation
- Losses
- Offset within the same year (when effective)
- Filing deadline
- May of the following year
- Formularios
- Global income tax declaration
- Sanciones
- Surcharges and interest
- Autoridad fiscal
- National Tax Service (NTS)
No tax until 2027
In the interim, individuals do not pay tax on crypto gains. Korean exchanges require real-name bank accounts, and foreign accounts exceeding 500 million won must be declared.
Regional context
Asia has very different regimes: from countries with no capital gains tax (Singapore, Hong Kong) to flat rates of 30% (India). Several countries are reforming their rules, so it is advisable to review the current regulations each year.
Before filing: have your history in order
The first step to a proper tax declaration is to download the complete transaction history from each platform you use. MiCA-licensed exchanges often provide ready-to-use annual reports, which significantly simplifies the filing process.
See exchanges with MiCA licenseFrequently Asked Questions
Other countries in the same region · Asia
This guide provides general information and does not constitute tax advice. Rules change frequently: always confirm details with your country's tax authority or a tax advisor.