Korea, Rep of GloBE Information Return (GIR) Pillar Two Tax Form
Overview
What's Included
Forms Library
The most recent Pillar Two forms for each jurisdiction. Orbitax wants to publish all forms soon after the local government does, so you won't have to search through different portals or worry about using old versions.
Fillable Forms
Easy to use fillable Pillar Two forms that draw directly from the Orbitax Global Minimum Tax solution to auto-fill key data points, streamlining preparation and supporting accurate, timely filings.
Certified Translations
With certified in-platform translations, managing multilingual tax filings becomes straightforward. Orbitax supports form completion in your preferred language while reducing the chance of misunderstandings.
Validation and Review
Prior to submission, automated checks verify the accuracy of your data. Orbitax reviews each form, identifies any missing details, and highlights issues that need attention.
Filing and Transmission
Submit directly to the relevant government portals or follow instructions when e-filing is not supported. Orbitax provides official export formats (e.g. XML) and unifies all submission activities in one place to mitigate fragmented workflows.
Collaboration
Professionals can easily work together across teams and time zones with Orbitax's integrated workflows. Ask for data that is missing, give members tasks to do for review, and keep track of how the filing is going in real time. With Orbitax's Pillar 2 Software, you can fill out your forms ahead of time with correct calculation data.
How It Works
Create a single source of truth within the platform by uploading data at the group or entity level.
Select the form you wish to work with, give it a title, choose the reporting entity, and pick the UPE currency, which will be automatically generated from the entity data you submitted.
Access form-filling instructions directly within the platform, available in both the local authority’s language and English (where provided).
Fill out the necessary forms by hand or send an email invitation to stakeholders (such as preparers, reviewers, and managers) using data-collection procedures. When a GMT license is active, users can extract relevant data straight from GMT scenarios that are automatically mapped to appropriate fields.
Leverage built-in field-level validation checks to ensure accuracy, then generate or export the completed GIR Form in the required formats (PDF, XML).
Direct transmission of XML and PDF filings to tax authority portals.
Compliance Coverage
Supports OECD Pillar Two / GloBE compliance under South Korea’s GIR legislation.
Aligned with South Korea’s local GIR implementation rules and guidance.
South Korea GIR Pillar Two tax form is applicable for fiscal years from 2024 onwards.
Helps prepare GIR disclosures for in-scope multinational groups.
Helps prepare GIR disclosures for in-scope multinational groups.
Benefits of Korea, Rep of Pillar Two GloBE Information Return (GIR) Form
Ensure that GIR reporting is accurate and in compliance with South Korea's Pillar Two filing standards.
You can minimize errors and manual data handling in South Korea's GIR submission.
Support consistent and standardized GloBE reporting across all constituent entities.
Store filings aligned with both Finland’s local legislation and OECD GloBE rules.
Simplify coordination between global and local teams for Pillar Two compliance.
Version History
| Jurisdiction | Form Type | Filing Level | Filing Method | Effective Date | Due Date |
|---|---|---|---|---|---|
| Korea, Rep of | GloBE Information Return (GIR) | Jurisdictional | E-Filing (Home Tax) | 12/31/2023 | 06/30/2026 |
FAQs
Pillar Two tax forms are the official documents and forms that MNE groups must file to prove compliance with the Global Minimum Tax rules in each jurisdiction.
Beginning from 2024 onwards, in line with South Korea’s Pillar Two implementation timeline Orbitax provides support for forms filing.
The form is fully aligned with the OECD Pillar Two / GloBE framework while also reflecting South Korea’s specific local implementation and guidance.
The GIR is a standardized information return required for tax administrations to evaluate the existence and amount of Top-Up Tax liability, and verify compliance of MNEs.