Reporting on closed business
Declaring closure of beauty arts (skin) business
※ However, declaring closure of business is prohibited for a period during which his/her business is suspended under Article 11 (A provision of Article 3(2) of the Public Health Control Act).
※ However, declaring closure of business is prohibited for a period during which his/her business is suspended under Article 11 (A provision of Article 3(2) of the Public Health Control Act).
Declaring closure of a registered business
- Where a skin caresalon operator whose business has been registered closes his/her business, he/sheshall promptly file a report on business closure (including filing via Hometaxof the National Tax Service; the same shall apply hereinafter) stating thefollowing, with either of the head of the competent tax office and the head ofany other tax office (former part of Article 8(8)of the Value-Added Tax Act, Article 13(1) of the Enforcement Decree of theValue-Added Tax Act and Attached Form 9 of the Enforcement Regulations of theValue-Added Tax Act).
· Personal details of entrepreneur
·The date of business suspension or closure and the reasons
·Other reference information
- A declaration form for closed business shall be accompanied by a business registration certificate(Article 13(2) of the Enforcement Decree of the Value-Added Tax Act).
- If an entrepreneur who has registered his/her business submits the final return of value-added tax, stating the date of business closure and the reasons, along with his/her business registration certificate and a written verification of business closure, he/she shall be deemed to have filed a declaration form for closed business (Article 13(3) of the Enforcement Decree of the Value-Added Tax Act and Attached Form 21 of the Enforcement Regulations of the Value-Added Tax Act).
Relationship between declaring the closure of a beauty arts (skin) business and declaring the closure pursuant to the Value-Added Tax Act
- In the event where a skin care salon operator who intends to file a report on the closure of a beauty arts (skin) business wishes to also file a report on the closure pursuant to the Value-Added Tax Act at the same time, he/she shall submit a declaration of closed business along with a report on the closure contained in the Attached Form 9 of the Enforcement Regulations of the Public Health Control Act (Former part of Article 3-3(2) and Attached Form 5-2 of the Enforcement Regulations of the Public Health Control Act).
- In the event where the head of a competent tax office receives a report on the closure pursuant to the Enforcement Decree of the Value-Added Tax Act and send such report to the head of the relevant Si/Gun/Gu, the report of the closure of business shall be deemed to have been submitted (Article 3-3(3) and Attached Form 5-2 of the Enforcement Regulations of the Public Health Control Act).
Declaration of withdrawal and termination of four major public insurances
Declaration
of withdrawal of the workplace automatically covered by the national pension
- When a skin care salon operator closes his/her business as an employer of automatically covered workplace, the said operator shall submit to the National Pension Service a report on withdrawal of his/her business and documents to prove such withdrawal by the 15th of the month following the month where the reasons for the closure arose (Article 21(1) of the National Pension Act and Article 4 and Attached Form 4 of the Enforcement Regulations of the National Pension Act)
Declaration
of withdrawal of the workplace covered by the national pension
- Where a business is to be closed, the skin care salon operator concerned shall submit a report on withdrawal of workplace (including electronic documents) accompanied by documents that proves such withdrawal (including electronic documents) to the National Health Insurance Service within 14 days from the date of closure (Subparagraph 2 of Article 7 of the National Health Insurance Act and Subparagraph 1 of Article 3(3) and Attached Form 4 of the Enforcement Regulations of the National Health Insurance Act).
Declaration
of the termination of insurance relationships for employment insurance and industrial accident compensation insurance
- The insurance relationships for employment insurance and industrial accident compensation insurance shall be terminated on the day following the date the relevant skin care salon has been discontinued or terminated (Subparagraph 1 of Article 10 of the Act on the Collection of Insurance Premiums, Etc. for Employment Insurance and Industrial Accident Compensation Insurance).
- If an insurance relationship has been terminated due to discontinuance, termination, etc. of a skin care beauty arts business, the concerned skin care salon operator shall report the termination of an insurance relationship (Attached Form 4 of the Enforcement Regulations of the Act on the Collection of Insurance Premiums, Etc. for Employment Insurance and Industrial Accident Compensation Insurance) to COMWEL within 14 days from the date the insurance relationship is terminated (Main body of Article 11(1) of the Act on the Collection of Insurance Premiums, Etc. for Employment Insurance and Industrial Accident Compensation Insurance, and the former part of Article 7(3) of the Enforcement Regulations of the Act on the Collection of Insurance Premiums, Etc. for Employment Insurance and Industrial Accident Compensation Insurance).