South Korea

137 Employees

THIRD-PARTY REVENUES

$183,062,386

RELATED-PARTY REVENUES

$32,583,300

TOTAL REVENUES

$215,645,686

PROFIT BEFORE TAX

$24,231,273

TAX PAID

$7,136,563

TAX ACCRUED

$5,457,478

TANGIBLE ASSETS

$49,037,208

STATED CAPITAL

$6,273,526

ACCUMULATED EARNINGS

$72,905,579

Main Business Activities

  • Downstream
  • 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.

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