KR Value added tax

Invoicing in South Korea

A business registered in South Korea charges VAT at a standard rate of ⁨10%⁩, invoices in ⁨KRW⁩, and issues documents under names and numbering rules that are specific to South Korea. DocsOrigin carries all of that as registry data, so choosing South Korea once configures the tax, the document set, the numbering and the layout together.

Invoicing in South Korea is free forever with DocsOrigin: every document type, every export, no card and no trial.

Opret din første faktura A worked example in South Korea

Tax in South Korea

VAT 10%

Reduced and zero rates 0%

How reliable is this figure

Graded high: this rate has been checked against a tax-authority or official source. It is still your responsibility to confirm it before you rely on it.

Whatever the grade, your own setting always wins — a rate you enter overrides the registry everywhere, including on documents already dated in the past.

Document types recognised in South Korea

These are the documents DocsOrigin will offer a business registered in South Korea, under the names used there. A type that has no meaning locally is not offered at all.

Tilbud

Et prisbud. Ikke et momsdokument og ikke registreret i dine bøger før det accepteres.

Pro forma-faktura

En betalingsanmodning. Giver ikke klienten ret til at fratrække moms.

Momsfaktura

Momsdokumentet selv. Låst når det er udstedt.

Faktura-kvittering

Faktura og betaling i ét dokument, når du bliver betalt på stedet.

Kvittering

Bekræfter modtagne penge mod en faktura.

Kreditnota

Den eneste lovlige måde at annullere eller reducere et dokument der allerede var udstedt.

Følgeseddel

Varer overdraget uden gebyr.

Tax identifier

On a document issued in South Korea the identifier is labelled VAT number. It is printed in the header of every tax document, isolated left-to-right so it reads correctly in any interface language.

No structural check is applied for South Korea: the format is accepted as entered, because a wrong rule that rejects a valid number is worse than no rule.

Numbering

Documents in South Korea are expected to run in an unbroken sequence. DocsOrigin allocates the number at the moment of issue — never earlier — so a draft that is abandoned does not burn a number and leave a gap you have to explain.

Prefix, padding and yearly reset are configurable per document type, and the series is kept separately for each type.

How South Korea writes dates and money

Set the country and these stop being settings you have to think about. The examples below are rendered by the same formatter the documents use.

Date: 2026/09/21
Amount: ₩12,345
Currency: KRW
Minor units: 0

⁨KRW⁩ is written with ⁨0⁩ decimal places, and every amount is stored as a whole number of minor units. ⛔ Money never touches floating point.

Special rules in South Korea

Structured e-invoicing e-Tax invoice

Corporate taxpayers must issue electronic tax invoices reported to the NTS.

A worked example in South Korea

Three lines, priced identically everywhere, run through the real tax engine with the South Korea registry entry applied. This is what the document looks like there.

Tilbud Pro forma-faktura Momsfaktura Faktura-kvittering Kvittering Kreditnota

Northwind Studio

VAT number 000000000 · South Korea

Momsfaktura

Nr. 2026-0042

2026/09/21

Fakturér til Riverbank Coffee

Beskrivelse	Antal	Enhedspris	Total
Designarbejde	12	₩45	₩540
Brand guidelines	1	₩380	₩380
Support retainer	3	₩60	₩180

Nettototal ₩1,100

VAT 10% ₩110

Total ₩1,210

Invoicing in South Korea — questions

What tax rate do I charge in South Korea?

The standard VAT rate recorded for South Korea is ⁨10%⁩. Reduced rates may apply to particular supplies, and your own setting always overrides ours.

Which document do I issue to a customer in South Korea?

The document set recognised in South Korea is listed above, under the names used locally. For a paid sale the usual document is Momsfaktura, and a mistake on an issued document is corrected with a credit note rather than an edit.

Does DocsOrigin cost anything in South Korea?

No. DocsOrigin is free forever for businesses in South Korea as everywhere else: no subscription, no card, no trial, no per-document fee and no export fee. Optional professional services are the only thing that is ever charged for, and they are quoted per project.

What if the rate for South Korea is wrong or changes?

Set your own rate in the business settings and it overrides the registry immediately, for new documents and for any date. Rates are applied by document date, so an old document keeps the rate that applied when it was issued.

Issue your first South Korea document

Choose South Korea once. The tax, the document names, the numbering, the date order and the currency format are configured together, and it costs nothing.

Free forever for businesses Opret din første faktura

This page describes what DocsOrigin does with the registry entry for South Korea. It is not tax advice, and it is not a statement of South Korea law. Confirm your obligations with your accountant or the tax authority. Registry data as of ⁨2026-08⁩.