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South Korea Tax Information

10% VAT

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

Yoga Instructor Services to Invoice

  • Private sessions
  • Group classes
  • Corporate yoga
  • Workshops
  • Retreats
  • Online classes
  • Teacher training

Invoice Requirements in South Korea

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

Payment Terms

Drop-in paid at time of class. Packages and privates paid in advance.

현금익월말30일60일

Payment Methods in South Korea

Bank TransferCredit CardKakao PayNaver Pay

Yoga Instructor Invoice Tips

  • Specify class type
  • Include session duration
  • Note participant count
  • Reference location
  • Document series completion

Frequently Asked Questions

What tax rate applies to yoga instructor 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 yoga instructors in South Korea?

Common payment methods in South Korea include: Bank Transfer, Credit Card, Kakao Pay, Naver Pay. Drop-in paid at time of class. Packages and privates paid in advance.

What should yoga instructor invoices include in South Korea?

Your invoice should include: Business Registration Number, Business address, Client details, VAT (10%). For yoga instructor services specifically, also include: Private sessions, Group classes, Corporate yoga.

How should yoga instructors price their services?

Group classes $15-30 drop-in, privates $75-150+. Corporate rates higher.

What should yoga invoices include?

Class type, duration, location, participant count (for corporate), and any props/equipment provided.

What is Korea's VAT rate?

Flat 10% on most goods and services.