Korea

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Korea

Since its establishment in 2005, Global Tax Free Korea has provided tax refund services for international visitors. It is positioned as a pioneering company that first introduced tax refund services for foreign visitors in Korea.

Seoul palace and city skyline at sunset

Global Tax Free Korea

Since its establishment in 2005, Global Tax Free Korea has provided tax refund services for international visitors. It is positioned as a pioneering company that first introduced tax refund services for foreign visitors in Korea.

Electronic refunds were introduced in 2011 and downtown refund counters in 2013. With refund counters at major department stores including Lotte, Shinsegae and Galleria, a broad merchant base covering major department stores and brands, and diverse refund channels, it has helped lead Korea’s tax refund market.

Drawing on operational expertise, traveler touchpoints and purchasing data accumulated over many years, it is working to expand its business beyond Korea into global markets, including Japan.

Key milestones

  1. 2005

    Company established

  2. 2011

    Electronic refund system introduced

  3. 2013

    Downtown refund counters introduced

  4. 2017

    Listed on Korea’s KOSDAQ

  5. 2020

    Operation of refund counters at Incheon International Airport Terminal 2 and Incheon Port

  6. 2024

    Shopping information platform launched

  7. 2025

    No. 1 market share in Korea’s tax refund market

Company and service information

Company and service information
Website https://www.global-taxfree.com/
Address 9FL, Sinil Bldg., 131, Toegye-ro, Jung-gu, Seoul, Korea
TEL +82 2-518-0837
E-mail gtf@global-taxfree.com
Established 2005
Tax rate (GST) 10%
Minimum purchase KRW 15,000 or more

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