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South Korea Tax Information

10% VAT

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

Therapist Services to Invoice

  • Individual therapy
  • Couples therapy
  • Family therapy
  • Group therapy
  • Assessment sessions
  • Crisis intervention
  • Telehealth sessions

Invoice Requirements in South Korea

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

Payment Terms

Payment at time of service. Insurance claims filed separately if applicable.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Therapist Invoice Tips

  • Include CPT codes
  • Note session duration
  • Reference diagnosis codes
  • Document session dates
  • Meet HIPAA requirements

Frequently Asked Questions

What tax rate applies to therapist 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 therapists in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Payment at time of service. Insurance claims filed separately if applicable.

What should therapist invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For therapist services specifically, also include: Individual therapy, Couples therapy, Family therapy.

What should therapy invoices include?

Provider info, NPI number, CPT codes, diagnosis codes, session dates, and fees. Meet insurance requirements.

How do therapists handle insurance?

Create superbills for clients to submit. Or file claims directly if in-network. List insurance vs. self-pay rates.

What is Korea's VAT rate?

Flat 10% on most goods and services.