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South Korea Tax Information

10% VAT

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

Music Producer Services to Invoice

  • Beat production
  • Recording
  • Mixing
  • Mastering
  • Sound design
  • Arrangement
  • Vocal production

Invoice Requirements in South Korea

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

Payment Terms

50% deposit to start, 50% on delivery. License fees may apply separately.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Music Producer Invoice Tips

  • Specify track deliverables
  • Include stems/multitracks
  • Note licensing terms
  • Reference session hours
  • Document revisions

Frequently Asked Questions

What tax rate applies to music producer 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 music producers in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. 50% deposit to start, 50% on delivery. License fees may apply separately.

What should music producer invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For music producer services specifically, also include: Beat production, Recording, Mixing.

How should music producers price their work?

Per track, hourly, or project-based. Consider usage rights and royalty arrangements.

Should producers include stems?

Specify whether stems are included. Many charge extra for multitrack delivery.

What is Korea's VAT rate?

Flat 10% on most goods and services.