SERVICES | 삼화회계법인

All employees at Samhwa Accounting promises to be honest and transparent partners in your business.

Accounting services
Samhwa Accounting’s goal is to build trust and increase corporate value by providing independent and professional services.
Samhwa Accounting’s auditing and accounting services are based upon a macro-level analysis of a client’s business and its financial risks.
This helps provide an audit opinion on the client’s financial statements, and identify weaknesses in its business processes and/or internal controls, providing useful information for future corporate development.

Accounting audit of a corporation subject to external audits in compliance with the Act on External Audit of Stock Companies
Accounting audit of domestic stock exchange-listed corporations (KOSPI, KOSDAQ, KONEX)
Audit of financial statements in compliance with foreign accounting standards
Audit of public sector and non-profit corporations
Other special-purpose audits against issues such as fraud, error detection, liquidation, etc.
Management counseling and review of financial documents related to various licenses such as a construction business license
Accounting audit of apartment complex (shopping arcades) management offices
Project/business cost settlement (external audit services for government subsidies)

IFRS preparation and transition services
Support for preparing financial statements in compliance with general accounting standards, IFRS, and foreign accounting standards
Consultation and review on the establishment of internal accounting management systems
Support for internal auditing and audit committee duties
Advice on stock exchange listing and capital markets
Advice on corporate governance-related improvements
Various advice on accounting, finance, and cost-related issues
Comprehensive range of services, including accounting advice (e.g. tax in compliance with foreign accounting standards)

Tax services
Samhwa Accounting Corporation satisfies the needs of customers by effectively diagnosing tax-related risk factors in today’s rapidly changing business and tax environment.
Samhwa Accounting provides services based on its extensive experience in tax affairs across a variety of fields, such as tax reporting, tax-saving strategy, and dispute resolution with tax authorities, for companies and individuals of various sizes.

Tax adjustment and reporting on behalf of clients for corporate tax, income tax, and value-added tax
Tax reporting on behalf of clients related to the transfer of assets such as inheritance, gift, and capital gains
Tax reporting related to mergers and acquisitions, divisions

Representation in tax compliance procedure-related issues such as objections, examination requests, and adjudication requests
Tax saving advisory services for clients on issues related to the transfer of assets such as inheritance, gift, and capital gains
Advisory services on other tax-related issues such as restructuring, real estate investment and development
Tax audit inspection on behalf of clients
Advisory services on tax reduction measures related to local taxes
Tax complaints (representation for examinations, adjudication requests, objection requests) and inquiries pertaining to regulatory measures
Establishment of acquisition structures for tax purposes, and due diligence on acquired companies
Training and dispatching of accounting personnel

International tax services
Samhwa Accounting Corporation satisfies the needs of customers by effectively diagnosing tax-related risk factors in today’s rapidly changing business and tax environment.
Samhwa Accounting provides services based on its extensive experience in tax affairs across a variety of fields, such as tax reporting, tax-saving strategy, and dispute resolution with tax authorities, for companies and individuals of various sizes.

Establish transfer pricing policies
(TP Planning)
Document transfer pricing
(TP Documentation)
Document BEPS
Respond to tax assessments and tax-related investigations
Competent Authority and APA: Pre-approval of transfer pricing
(Advance Pricing Agreement, APA) and
Competent Authority
Consultation on internal transactions between domestic and overseas affiliates

Bookkeeping and monthly/annual financial reporting for foreign companies in Korea
Tax reporting on behalf of foreign corporate clients in Korea
Salary and HR-related affairs for Korean and foreign nationals
Dispatching of accounting personnel
Bank account management and reporting
Closing, dissolution, and liquidation of foreign-invested companies, domestic branches, or liaison offices of foreign corporations
Visa and alien registration card application and extension-related affairs for foreign nationals
Advisory services on the general management of foreign corporations

Financial advisory services
Today’s economic environment is changing at break-neck speed and is becoming increasingly complex, creating a business environment that is more challenging than ever.
To help increase future value in such an environment, companies need the help of experts who can accurately identify the current state of their affairs and problems, solve them quickly, and propel them forward.
Samhwa Accounting Corporation provides optimized solutions through dedicated experts equipped with the right knowledge and experience to meet a wide range of financial needs for various clients, from companies to individuals.

Advisory services on valuation and value-adding strategy establishment
Advisory services on cost management accounting and corporate management improvements
Management analysis and management counseling for public sector and non-profit corporations
Support for incorporation and liquidation
Advisory services on rehabilitation support for rehabilitation cases
Court-appointed investigator duties on rehabilitation cases
Career advisory and rehabilitation consulting services via the Korea SMEs and Startups Agency
External education and lectures on accounting, taxation, etc.