RO · Europe ↔ KR · Asia

Romania vs South Korea: tax rates compared

South Korea's corporate tax rate is 10.4pp higher than Romania's (26.4% vs 16%). The 201-country average is 22.6%: Romania sits below it, South Korea sits above it.

Verified data covers two of the six tracked tax types for both countries; every rate below is cited to its source and dated.

Corporate Tax

0102030405060World avg 22.6%RO 16%KR 26.4%
Corporate Tax, side by side
CountryRateSource
Romania16%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
South Korea26.4%Source: Tax Foundation — Worldwide Corporate Tax Rates · as of 2025-01-01
Difference−10.4 ppSouth Korea higherlargest gap on this page

Wealth Tax

0102030405060World avg 0.1%RO 0%KR 0%
Wealth Tax, side by side
CountryRateSource
Romania0%Source: PWC Worldwide Tax Summaries — Romania (Individual, Other taxes) · as of 2026-03-30
South Korea0%Source: PWC Worldwide Tax Summaries — Korea, Republic of (Individual, Other taxes) · as of 2026-07-02
Difference0 ppdisplayed rates match

Romania's wealth tax rate is identical to South Korea's — both sit at 0%. The 193-country average is 0.1%: both sit below it.

Not covered for both countries yet: Income Tax, VAT, Capital Gains Tax, Crypto Tax.