Elections in South Korea are held on national level to select the President and the National Assembly. Local elections are held every four years to elect governors, metropolitan mayors, municipal mayors, and provincial and municipal legislatures.
The president is directly elected for a single five-year term by plurality vote. The National Assembly has 300 members elected for a four-year term, 253 in single-seat constituencies and 47 members by proportional representation. Each individual party willing to represent its policies in the National Assembly is qualified on the legislative (general) election if: i) the national party-vote reaches over 3.00% on proportional contest or ii) more than 5 members of the party are elected from each of their first-past-the-post election constituencies.
Since the 2016 legislative elections, South Korea has a three-party system, with two dominant parties and one major third party.
Polling places are usually located in schools. During the absentee or early voting period, voters can vote at any polling place in the country. On election day, voters may only vote at polling places in their registered constituency. Korean voters mark paper ballots with a rubber stamp using red ink. There is one race per ballot paper; if there are multiple office up for election, ballot papers are color coded and voters are issued one ballot per race.
Korea uses a central count model. After the polls close, ballot boxes are sealed and transported to the constituency's counting center. Traditionally, ballots were hand counted, but since around 2012, optical scanners have been used. The scanners resemble cash sorter machines, sorting the ballots into stacks by how they are voted. Stacks are then counted using machines resembling currency counting machines.