If the company has distributable profits, dividends can be paid to shareholders who own shares.
A dividend income tax of 15.4% is incurred, and if the shareholder who received the dividend has other interest or dividend income exceeding KRW 20 million annually, they may have to file for comprehensive income tax reporting.
The following procedures are required to pay dividends to shareholders:
Board resolution
Dividend payment plan
Announcement of the scheduled date for dividend payment
Dividend payment
When paying dividends, dividends are paid to shareholders in proportion to their ownership percentage.
Before paying dividends, tax reporting and payment procedures must be completed.
When paying dividends, it is important to consider the company's financial status and long-term dividend policy and pay an appropriate amount.
