Tax Guide for Gym Owners

From recognizing membership prepayment revenue to determining PT trainer employee status and depreciating exercise equipment, we cover it all.

We build strength — and lighten your tax load.

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If a member cancels their gym membership early, how do we correct the revenue we already reported?

You correct the revenue by deducting the refunded amount from what you already reported, and you should keep the refund records and supporting documentation together. Since fitness facility businesses are subject to VAT, even if a one-year membership is paid in a single lump sum, VAT is reported in full at the time of payment, while comprehensive income tax revenue must be prorated over the actual usage period — both points are worth keeping in mind.

The Trickiest Part — Membership Revenue Recognition and Trainer Contracts

VAT and income tax recognize revenue at different times, and determining the trainer's contract type is critical

VAT at the Time of Payment, Income Tax Prorated Over the Usage Period

If a one-year membership is paid in a single lump sum, VAT is reported in full at the time of payment, but comprehensive income tax revenue must be prorated over the actual usage period. Don't confuse the fact that the two taxes recognize revenue at different times.

How a PT Trainer Files Depends on How They Actually Work

If a PT trainer independently recruits and manages their own members, a business-income (3.3%) freelance contract fits, but if their hours are fixed and they work under the center's direction, they may in substance be classified as an employee, so the contract structure needs careful design.

Income Structure Features of Gyms (Weight Training)

Fitness facility businesses are subject to VAT (not exempt)
1:1 PT and group PT revenue is mixed in with membership revenue
Membership refunds or transfers require a revenue correction

Key Expense Items

Depreciation on weight machines and cardio equipment
Rent and management fees (eligible for input VAT credit)
PT trainer labor costs (3.3% withholding or employment income)
Consumables such as workout attire and towels

Split Exercise Equipment & Trainer Pay by Category to Save on Taxes

From weight machines to member-management apps, categorizing each item correctly is what cuts unnecessary tax

Long-Term Fixed Assets — Equipment Subject to Depreciation

Exercise equipment: weight machines, cardio equipment (treadmills, bikes)
Facility fixtures: lockers, shower facilities

Once a per-unit purchase exceeds KRW 1 million, it's classified as a depreciable asset and must be expensed over its useful life.

Consumables — Immediate Expense

Laundering costs for rental workout attire, towels, and hygiene supplies are expensed in full at the time of purchase.

Personal-Service Costs — PT Trainer Pay

PT trainers are filed as business income (3.3% withholding) or employment income depending on how they actually work.

Member-Management App & Booking System Fees

Member-management app and booking-system fees are a recurring monthly cost, expensed in full at the time they're incurred.

CategoryTypical ExamplesTax Treatment
Long-term fixed assetsWeight machines, cardio equipment, lockersDepreciated once over KRW 1M
ConsumablesAttire laundering, towels, hygiene suppliesFully expensed immediately at purchase
Personal servicePT trainer pay3.3% withholding or employment income
Member management systemMember-management app, booking-system feesExpensed immediately

Frequently Asked Questions

We'll Accurately Manage Your Membership Revenue and Trainer Contracts

Tax Accountant Kwon Ji-hyun, who understands gym revenue structures, is ready to consult with you.

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