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Busan Metropolitan City Levies KRW 14.2 Billion in 2026 Regular Registration and License Tax (License Portion)

Jan 16, 2026 35  Views
◈ As of January 1, Busan Metropolitan City levied approximately 430,000 cases of registration and license tax (license portion), totaling KRW 14.2 billion, on taxable license holders.

◈ Payment is available through various methods, including mobile apps (Smart Wetax), Wetax, Internet Giro, convenience stores, and banks.

◈ The payment deadline is February 2; please note that unpaid amounts will incur a 3% late payment surcharge.
내용

Busan Metropolitan City (Mayor Park Heong-joon) announced that it has levied a total of approximately 430,000 cases of 2026 regular registration and license tax (license portion), amounting to KRW 14.2 billion.


The regular registration and license tax (license portion) is imposed each year on taxable license holders as of January 1. The tax is levied by license category, taking into account the type and scale of the business, and is differentiated from Category 1 (KRW 67,500) to Category 5 (KRW 18,000). This revenue is used as a financial resource for each district (for Gijang-gun, it is treated as Busan Metropolitan City revenue).


The payment deadline for this registration and license tax (license portion) is February 2. The City is providing various convenient payment services so that residents can pay easily within the deadline.


Using the mobile app (Smart Wetax), Wetax, or Internet Giro, taxpayers can conveniently check and pay online.


In addition, payment can be made via the following methods: dedicated payment (virtual) accounts, ARS/Visual ARS (☎142211), convenience stores, banks (ATMs and public-fee payment kiosks), and simple payment apps (Kakao Pay, Naver Pay, etc.). In particular, those who apply for electronic notification and automatic account transfer can also receive tax credit benefits in the future.


Kim Gyeong-tae, Assistant Mayor for Planning and Coordination Office, stated, “The registration and license tax levied this time is a valuable financial resource used to improve residents’ quality of life and enhance welfare,” and added, “If you do not pay by the deadline, you may face disadvantages, including a 3% late payment surcharge. Please do not forget to pay within the deadline.”

This content has been translated by AI. Please refer to the attached original Korean version for accuracy if needed.