Freelancer Invoice Generator for South Korea
Create professional freelancer invoices for clients in South Korea. This free invoice generator combines freelancer-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.
Freelancer Services to Invoice
- Hourly consulting
- Project-based work
- Retainer agreements
- Milestone billing
- Rush/priority fees
Invoice Requirements in South Korea
Payment Terms
Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.
Payment Methods in South Korea
Freelancer Invoice Tips
- Always use a unique invoice number
- Clearly state payment terms upfront
- Include detailed breakdown of work
- Add late payment fees
- Keep copies for tax purposes
Frequently Asked Questions
What tax rate applies to freelancer 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 freelancers in South Korea?
Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Net 14 or Net 30 is standard. Consider 25-50% deposits for larger projects.
What should freelancer invoices include in South Korea?
Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For freelancer services specifically, also include: Hourly consulting, Project-based work, Retainer agreements.
How do I invoice for hourly freelance work?
List each task with hours worked and hourly rate. Include dates and detailed descriptions.
Should I charge a deposit as a freelancer?
Yes, especially for larger projects. A 25-50% deposit protects you from non-payment.
What is Korea's VAT rate?
Flat 10% on most goods and services.