North Korea Corporate Income Tax
Detailed corporate income tax rates and rules for North Korea in 2026.
Foreign enterprises operating in North Korea's special economic zones (such as the Rason SEZ and Kaesong Industrial Region, currently inactive) are subject to corporate income tax. The standard rate is 25%, with a reduced rate of 14% for enterprises in encouraged sectors. State-owned enterprises operate under a different system of profit remittance to the government rather than formal corporate taxation.
Standard Rate
25%
Small Business Rate
14%
Additional Notes
The Kaesong Industrial Complex, a joint North-South Korean venture, was suspended in 2016. The Rason Special Economic Zone continues limited operations. Foreign investment is subject to extensive international sanctions, severely limiting commercial activity.
How North Korea Corporate Tax compares
North Korea’s corporate tax rate of 25% is the 69th highest of 203 countries TaxAtlas tracks, above the global average of 22.2% and Asia’s regional average of 19.7%.
