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Korean Invoice Generator — KRW, VAT Compliant
South Korea requires electronic tax invoices (전자세금계산서) for most B2B transactions through the National Tax Service (NTS) e-Tax system. Korean invoices must include business registration numbers and proper VAT breakdown at the standard 10% rate. The e-Tax invoice system mandates specific data formats and transmission timelines. For international transactions and supplementary documentation, well-formatted PDF invoices remain valuable. InvoUno helps Korean businesses create professional invoices with KRW formatting, 10% VAT calculation, and clean layouts suitable for both domestic and international clients.
Invoicing Requirements in Free Invoice Generator for South Korea
Default Currency
KRW
Tax Label
VAT
Standard Tax Rate
10
Legal Note
Korean tax invoices must be issued electronically through the NTS e-Tax system for B2B transactions. Required fields: business registration numbers of both parties, transaction date, item description, supply value, VAT amount, and total.
Frequently Asked Questions
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Most Korean businesses must issue electronic tax invoices through the National Tax Service system by the 10th of the following month. This applies to all B2B transactions. Failure to comply results in penalties.
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South Korea has a flat 10% VAT rate on most goods and services. Some items are VAT-exempt, including basic foodstuffs, medical services, education, and financial services.
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Korean tax law requires retention of tax invoices and supporting documents for 5 years from the filing deadline of the related tax return.
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