Global Taxfree
Seoul, KR Β· 1 known investors
Global Tax Free (GTF) is a Korean provider of tax refund services for foreign tourists, operating downtown and airport/port refund counters and an eTRS system, along with cross-border payment and money exchange services. It is a publicly listed company (KRX) with an international network including offices in Singapore, Japan, and France.
Also known as Global Tax Free Co., Ltd. Β· GLOBAL TAXFREE CO., LTD. Β· GTF Β· Taxfreekorea Β· κΈλ‘λ²ν μ€ν리
Investors Β· 1
Company profile
researched Aug 2026Global Taxfree Co., Ltd. is a South Korean tax refund company serving foreign visitors to Korea. Founded in December 2005 under the name Taxfreekorea Co., Ltd. and renamed in 2011, it presents itself as the first company in Korea to provide tax refund services to foreign nationals. Its operations cover value-added tax, special consumption tax and education tax refunds, processed through an electronic tax refund system the company developed in 2011 and for which it filed a patent application in 2010.
The company operates refund counters at airports, international passenger terminals and downtown locations including major department stores. Documented sites include Gimhae International Airport (from 2005), Incheon International Airport refund and guidance counters (2011), Incheon Port international passenger terminals 1 and 2, Busan Port international passenger terminal, and a dedicated tax refund guidance counter at Jeju airport (2012). In July 2013 it set up and operated refund counters across a total of 17 cities at major locations including leading domestic department stores.
Alongside refund operations, the company runs an advertising and content business: "GLOBAL TAXFREE δΈθ΅·ε»ε§" is a Korean general-information magazine distributed one-to-one to Chinese tourists who use the company's refund service, covering refund information, regional tourism content for Seoul, Busan and Jeju, and Korea tourism platform information. It is distributed through the company's downtown refund counters and airport and passenger terminal locations. The company also publishes consumer and merchant mobile applications, including GTF-Planet, GTF Passport, a merchant-facing app, and eTRS Singapore.
Compiled by commissioned research from 4 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 19
launches, deals, and filingsSet-up and operation of refund counters across a total of 17 cities at major locations including leading domestic department stores.
Established as a Korean tax refund company; the company states it was the first to provide tax refund services to foreign nationals in Korea and the earliest Korean-nationality refund company in Asia.
Company reports patent registration covering refund documentation and refund procedures for value-added tax, special consumption tax and education tax.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
βΈResearch sources Β· 4
primary sources listed
- GLOBAL TAXFREEgtf-m.com Β· web
4 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Global Taxfree do?
- Korean tax refund operator running downtown, airport and port refund counters for foreign tourists via an electronic refund system.
- Who are Global Taxfree's investors?
- Global Taxfree's investors include Kiwoom Investment.
- Where is Global Taxfree headquartered?
- Global Taxfree is headquartered in Seoul, KR.