Create AI/ML Engineer Invoice in KRW →

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South Korea Tax Information

10% VAT

VAT is 10% flat. Electronic tax invoices mandatory for B2B. Business registration number required.

AI/ML Engineer Services to Invoice

  • Model development
  • Data pipeline
  • MLOps
  • AI consulting
  • Model training
  • API integration
  • ML research

Invoice Requirements in South Korea

Business Registration Number
Business address
Client details
VAT (10%)
Total in KRW

Payment Terms

Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

AI/ML Engineer Invoice Tips

  • Reference model versions
  • Include compute costs separately
  • Document training hours
  • Note data processing fees
  • Track API usage

Frequently Asked Questions

What tax rate applies to ai/ml engineer invoices in South Korea?

South Korea has 10% VAT. VAT is 10% flat. Electronic tax invoices mandatory for B2B. Business registration number required.

What payment methods are common for ai/ml engineers in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Project milestones or monthly retainer. Cloud/GPU compute costs passed through separately.

What should ai/ml engineer invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For ai/ml engineer services specifically, also include: Model development, Data pipeline, MLOps.

How should AI engineers price their work?

Project-based for model development, hourly for consulting. Compute costs billed separately.

Should compute costs be on the invoice?

Yes, list cloud/GPU costs as separate line items from service fees.

What is Korea's VAT rate?

Flat 10% on most goods and services.