Global Tax Free Co., Ltd.
KKRX:2046205,390.00
KRW
-110.00
(-2.00%)
ISIN
KR7204620009
Return %
Stock
S&P 500
1Y
-5.27
14.39
3Y
22.74
81.42
5Y
68.21
68.62
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Jin-Won Kang
- Full Time Employees
- 152
- Sector
- Consumer services
- Industry
- Other consumer services
- Address
- Seoul South Korea
- IPO Date
- Nov 19, 2014
- Website
- global-taxfree.com
- Similar Companies
- Business
- Global Tax Free Co., Ltd. is a South Korea-based provider of value-added tax (VAT) and individual consumption tax refund agency services for foreign tourists and international travelers. Founded in 2005 and headquartered in Seoul, South Korea, the company operates across the travel retail, financial technology, and tourism IT sectors, serving international visitors, commercial retailers, department stores, luxury brand boutiques, medical institutions, and hospitality partners. The company's core operations are structured into tax refund agency services, IT solutions and terminal integration, and digital tourism marketing platforms. Its comprehensive product and service portfolio comprises: electronic Tax Refund System (eTRS) infrastructure; automated self-service refund kiosks deployed at international airports, ferry ports, and major metropolitan commercial districts; in-store instant refund and immediate tax exemption processing systems integrated directly into point-of-sale (POS) terminals; mobile tax refund application platforms; specialized medical tourism tax refund administration services for foreign patients receiving treatment at accredited aesthetic and healthcare clinics; digital payment wallet settlement and direct refund services integrating international networks such as Alipay, WeChat Pay, and UnionPay; targeted merchant advertising and promotional platforms; and proprietary tax refund management software, customized terminal hardware, and network maintenance solutions for affiliated retail merchants. In addition to its domestic operations in South Korea, the company maintains international business footprints and regional subsidiaries in key travel retail destinations including Japan, Singapore, and France. In recent corporate developments, Global Tax Free executed a strategic portfolio restructuring by divesting its non-core operating subsidiaries, including cosmetics business Swanicoco and digital media platform Finger Story, refocusing capital and organizational resources entirely on its core tax refund and cross-border fintech services. The company also expanded its medical service offerings through a strategic partnership with Wise AI and Kolon Benit to deploy an artificial intelligence-powered medical tourism platform delivering foreign patients integrated clinic reservations and automated VAT refund processing. Furthermore, Global Tax Free expanded its global partnership ecosystem by strengthening international refund connectivity with global tax-free operator Planet, advancing mobile refund integration with Tencent, and establishing tourism marketing alliances with local transit operators including the Seoul City Tour Bus network.