Value Added Tax Calculator 2026 - South Korea
Calculate Korean VAT: standard rate 10%, zero export tariff, exempt services. Add or subtract VAT from any amount.
Transaction Data
Tax Details
Invoice Summary
Come utilizzare Calcolatore IVA 2026 - Corea del Sud
Insert amount
Insert price in Korean won (₩). Indicates if the price already includes VAT or not.
Select VAT Category
Standard rate (10%) applies to most goods and services. Zero rate applies to exports. Certain services like education and healthcare are exempt.
Verify VAT amount and total
Check the base price, VAT amount and total price including VAT. For goods with zero rate and exempt, VAT is ₩0.
Suggerimenti
- Electronic tax invoices are required for B2B transactions above specified thresholds.
- Tax on expenses for representation, personal vehicles and non-company expenses are not deductible.
- Exporting businesses receive full VAT refund: the zero rate on exports allows for all upstream paid VAT to be recovered.
- The VAT rate is 10% since its introduction in 1977: unlike many countries, South Korea has never changed the standard rate.
Domande frequenti
What is Value Added Tax (VAT) in South Korea?
Value-Added Tax (VAT) is a 10% tax on goods and services in South Korea, governed by the Value Added Tax Act. 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 Value Added Tax (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. VAT returns are filed semi-annually, with preliminary reports in April and October.
What is the VAT registration threshold in South Korea?
Businesses with annual turnover exceeding ₩48 million must register for VAT. Below this threshold, businesses can register as simplified taxpayers with a lower effective rate of 1.5% to 4%. This simplified scheme is not available for all businesses.
Are digital services from foreign companies subject to Korean Value Added Tax?
Yes. Since 2015, foreign digital service providers (e.g. Netflix, Google Play, App Store) supplying digital services to Korean consumers must register with Korean NTS and collect 10% VAT, affecting international SaaS and digital product sales to Korean customers.