PROFIT BEFORE TAX
Main Business Activities
- Other support activities
Shell has been active in the Republic of Korea since the early 1960s. Shell markets products, mainly lubricants and chemicals there. We also provide marketing support services to Shell overseas companies.
Country Financial Analysis
The statutory corporate income tax rate in Korea applies progressive tax rates of 10%, 20%, 22% and 25%.
Profit is made predominantly from the Downstream marketing business. The tax reflects the Korean tax payable on the profits.