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South Korea Tax Information

10% VAT

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

Data Analyst Services to Invoice

  • Data analysis
  • Report creation
  • Dashboard development
  • Data visualization
  • SQL queries
  • Excel modeling
  • Insights presentation

Invoice Requirements in South Korea

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

Payment Terms

Project-based for one-time analysis. Monthly retainer for ongoing reporting.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Data Analyst Invoice Tips

  • Reference specific reports delivered
  • Include data sources analyzed
  • Document dashboard access provided
  • Note training included
  • Track recurring analysis

Frequently Asked Questions

What tax rate applies to data analyst 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 data analysts in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Project-based for one-time analysis. Monthly retainer for ongoing reporting.

What should data analyst invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For data analyst services specifically, also include: Data analysis, Report creation, Dashboard development.

How should data analysts price their work?

Price based on complexity, data volume, and business value of insights. Project or hourly rates work well.

What deliverables should be listed?

Include reports, dashboards, presentations, and any documentation. Specify access and formats provided.

What is Korea's VAT rate?

Flat 10% on most goods and services.