Listing
Examination of KOSDAQ Market Listing_Advantage of Listing
Capital Gains Tax Exemptions (Article 94 of the Income Tax Act, Article 157, Clause 2 of the Enforcement Decree of the Income Tax Act)
- Stocks that are transferred through the KOSDAQ Market are exempted from capital gains taxes
- However, shareholders (including special relationships with lasgest shareholder) who possess over 5% of the total amount of the stock issued or over KRW5 billion in terms of market capitalization are subject to capital gains taxation for stock transfers.
Dividend Income Tax Exemptions and Separate Taxation (Article 91 of the Restriction of Tax Reduction and Exemption Act)
- Face values of issues of up to KRW50 million are exempted from taxes and from KRW50 to KRW300 million are taxed separately (5%); however, only when they have been in possession for over a year
Market Price Acknowledged for the Valuation of Inherited and Donated Property on the KOSDAQ Market (Article 63 of the Inheritance Tax and Gift Tax Act and Article 53 of the Enforcement Decree of the Inheritance Tax and Gift Tax Act)
- However, stock concerned must not have been designated as investment-caution stock within 6 months (3 months for gifts) before or after the valuation date (inherited → inheritance effective date, gifts → date of the gift). In addition, stock concerned must have been designated as a substitute security at least once in either the month of the valuation date or the month immediately before.
Stock Option Exercise Income Tax Exemptions (Article 15 of the Restriction of Tax Reduction and Exemption Act)
- Income earned by employees who exercise stock options given to them is not considered as earned income
- Contents Manager :
- KOSDAQ Market Division/Listing Rules & Regulations/Lee Hyung Joon(02-3774-9733)
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