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South Korea Tax Information

10% VAT

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

Caterer Services to Invoice

  • Event catering
  • Corporate catering
  • Wedding catering
  • Buffet service
  • Plated dinner
  • Cocktail reception
  • Food delivery

Invoice Requirements in South Korea

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

Payment Terms

Deposit to book, final payment based on final guest count 1-2 weeks before.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Caterer Invoice Tips

  • Specify per-person pricing
  • Include menu details
  • Note rentals separately
  • Document staffing costs
  • Reference final guest count

Frequently Asked Questions

What tax rate applies to caterer 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 caterers in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Deposit to book, final payment based on final guest count 1-2 weeks before.

What should caterer invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For caterer services specifically, also include: Event catering, Corporate catering, Wedding catering.

How should caterers price their services?

Per person for food, plus service fees, rentals, and staffing. Package pricing is common.

What about rental items?

List rentals (tables, linens, china) separately or include in per-person pricing.

What is Korea's VAT rate?

Flat 10% on most goods and services.