Consulting Invoice Generator for South Korea
Create professional consulting invoices for clients in South Korea. This free invoice generator combines consulting-specific billing practices with South Korea's tax requirements (10% VAT) and preferred payment methods like Bank Transfer and Credit Card.
Free, no registration required. Your data stays in your browser.
South Korea Tax Information
VAT is 10% flat. Electronic tax invoices mandatory for B2B. Business registration number required.
Consulting Services to Invoice
- Strategy consulting
- Management consulting
- Advisory services
- Workshop facilitation
- Retainer arrangements
- Project consulting
Invoice Requirements in South Korea
Payment Terms
Net 30 is standard. Milestone payments for large engagements.
Payment Methods in South Korea
Consulting Invoice Tips
- Include professional credentials
- Break down phases clearly
- Document deliverables
- Consider value-based pricing
- Reference engagement letter
Frequently Asked Questions
What tax rate applies to consulting 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 consultings in South Korea?
Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Net 30 is standard. Milestone payments for large engagements.
What should consulting invoices include in South Korea?
Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.
How should consultants structure invoices?
Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.
Should consultants charge for travel?
Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.
What is Korea's VAT rate?
Flat 10% on most goods and services.