South Korea VAT Calculator (부가가치세)

Calculate Korean VAT (부가가치세): 10% standard rate, zero-rated exports, exempt services. Add or remove VAT from any price. Instant CGST/IGST equivalent calculation.

Transaction Details

Most goods, services, restaurants, electronics
Check if the price already includes 10% VAT

VAT Breakdown

VAT Amount (부가세)
₩ 10,000
Base Price (공급가액)
₩ 100,000
Total Price (공급대가)
₩ 110,000
VAT Rate
10.00%

Invoice Summary

Supply Value (공급가액)₩ 100,000
VAT (부가가치세)+ ₩ 10,000
Total (공급대가)₩ 110,000

Come utilizzare South Korea VAT Calculator (부가가치세)

Enter the amount

Enter the price in Korean Won (₩). Indicate whether the price already includes VAT (부가가치세 포함) or not.

Select the VAT category

Standard rate (10%) applies to most goods and services. Zero-rated applies to exports. Some services like education and medical care are exempt.

Review VAT amount and total

See the base price, VAT amount (부가세), and the total price including VAT. For zero-rated and exempt goods, VAT is ₩0.

Suggerimenti

  • Korean VAT tax invoices (세금계산서) must be issued electronically (e-tax invoice) for B2B transactions above certain thresholds.
  • Input VAT on entertainment expenses, personal vehicles, and non-business expenditures cannot be deducted.
  • Export businesses receive full VAT refunds — zero-rating on exports allows claiming back all input VAT paid.
  • The VAT rate has been 10% since its introduction in 1977 — unlike many countries, Korea has not changed its standard VAT rate.

Domande frequenti

What is VAT (부가가치세) in South Korea?

VAT (Value Added Tax, 부가가치세) is a 10% tax on goods and services in South Korea, governed by the Value Added Tax Act (부가가치세법). It was introduced in 1977. Most transactions are subject to the standard 10% rate, with exports being zero-rated to maintain competitiveness.

Which services are exempt from Korean VAT?

VAT-exempt services include: educational services, medical and healthcare services, financial services, postal services, state and local government services, basic food items (fresh produce, cereals, seafood), cultural services (books, newspapers), and land transfers. Note that "exempt" is different from "zero-rated" — exempt businesses cannot claim input VAT credits.

How does VAT work for businesses?

Businesses registered for VAT collect 10% from customers (output VAT) and can deduct VAT paid on business purchases (input VAT). The difference is remitted to the Korea National Tax Service (NTS). VAT returns are filed semi-annually (January and July) with preliminary reports in April and October.

What is the VAT registration threshold in Korea?

Businesses with annual turnover exceeding ₩48 million must register for VAT. Below this threshold, businesses can register as simplified taxpayers (간이과세자) with a lower effective rate (1.5%-4%). The simplified scheme is not available for certain business types.

Are digital services from foreign companies subject to Korean VAT?

Yes. Since 2015, foreign digital service providers (Netflix, Google Play, App Store, etc.) supplying digital services to Korean consumers must register with Korean NTS and collect 10% VAT. This affects international SaaS and digital product sales to Korean customers.