South Korea

140 Employees

-1 South Korea Shell Tax Contribution Report 2018
Third-Party Revenues
$194,786,634
Related-party revenues
$49,520,352
Total Revenues
$244,306,987
Profit Before Tax
$32,518,294
Tax Paid
$6,726,888
Tax Accrued
$7,156,887
Tangible Assets
$45,866,771
Stated Capital
$6,538,695
Accumulated Earnings
$72,392,632

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

Profit is made predominantly from the downstream marketing business. The tax reflects the Korean tax payable on the profits.

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