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South Korea Tax Information

10% VAT

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

Tutor Services to Invoice

  • Individual tutoring
  • Group tutoring
  • Test prep
  • Homework help
  • College counseling
  • Online tutoring
  • Subject specialization

Invoice Requirements in South Korea

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

Payment Terms

Packages paid upfront. Individual sessions paid at time of service.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Tutor Invoice Tips

  • Specify subject/level
  • Include session duration
  • Note student name
  • Reference lesson dates
  • Track package usage

Frequently Asked Questions

What tax rate applies to tutor 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 tutors in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Packages paid upfront. Individual sessions paid at time of service.

What should tutor invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For tutor services specifically, also include: Individual tutoring, Group tutoring, Test prep.

How should tutors price their services?

Hourly rates based on subject, level, and experience. Offer package discounts.

Should tutors require packages?

Packages encourage commitment. Offer flexibility with package sizes.

What is Korea's VAT rate?

Flat 10% on most goods and services.