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Free invoice template for South Korea

Create a professional invoice for South Korea in KRW, with VAT calculated at 10%. Below you’ll find what an invoice in South Korea must include, current rates and local rules — plus a free generator already set up for South Korea.

KRW · ₩VAT · 10%YYYY.MM.DD
Create an invoice for South Korea — free →

Prefilled with KRW and 부가세 10% · PDF download · No sign-up

🌐 Also available in 한국어

Invoicing in South Korea at a glance

CurrencySouth Korean Won (KRW, ₩)
Consumption taxVAT
Local name부가가치세
Standard rate10%
Reduced ratesNone
Date formatYYYY.MM.DD (e.g. 2026.10.28)
Keep invoices for5 years

Required information on an invoice in South Korea

Make sure every invoice you issue in South Korea includes:

  • Supplier’s business registration number (사업자등록번호), name and representative
  • Recipient’s business registration number
  • Supply value (공급가액) and VAT amount (세액)
  • Date of issue (작성연월일)
  • Description, quantity and unit price of items
  • Addresses and business type/item of both parties

Rules and tips for South Korea

  • Corporations and individual businesses with supply value above KRW 80 million must issue electronic tax invoices (전자세금계산서) and transmit them to the National Tax Service by the day after issuance.
  • Simplified taxpayers (간이과세자) with annual sales below roughly KRW 104 million follow different rules and may not be able to issue tax invoices.
  • Keep tax invoices and related records for 5 years.

Sample invoice for South Korea

This is what a typical invoice looks like with KRW amounts and 부가세 applied. Create your own in the generator — your data never leaves your browser.

Your Company
123 Business Street
South Korea
Tax ID: KR123456789
Invoice
Invoice no.
2026-0042
Date
2026.10.01
Due date
2026.10.15
Bill to
Client Company
45 Client Avenue, South Korea
DescriptionQtyUnit priceAmount
Consulting services (hours)10₩120,000₩1,200,000
Website design1₩1,700,000₩1,700,000
Subtotal₩2,900,000
부가세 10%₩290,000
Total₩3,190,000

Payment within 14 days by bank transfer. Thank you for your business!

Create an invoice for South Korea — free →

How to make an invoice in South Korea

  1. Open the BillKit invoice generator using the button above — it is already set to KRW and VAT at 10%.
  2. Add your business details: name, address and your tax or VAT registration number.
  3. Enter your client’s name, address and (for business clients) their tax ID.
  4. Give the invoice a unique sequential number, an issue date and a due date.
  5. List each product or service with quantity and unit price; adjust the tax rate if a reduced rate or exemption applies.
  6. Check the totals, add payment details, then download the PDF and send it to your client.

Frequently asked questions

What is the VAT rate in South Korea?

The standard VAT rate in South Korea is 10%.

Do I need to charge VAT on my invoices in South Korea?

Generally yes, if you are registered for VAT and the supply is taxable. Exports, reverse-charge and exempt supplies are treated differently — check the rules for your specific transaction.

Which currency should I use on an invoice in South Korea?

Invoices in South Korea are normally issued in South Korean Won (KRW). You can usually invoice in a foreign currency, but many tax authorities require the tax amount to also be stated in the local currency.

How long do I need to keep invoices in South Korea?

Keep copies of all issued and received invoices for at least 5 years.

What must an invoice in South Korea include?

Key elements include: Supplier’s business registration number (사업자등록번호), name and representative; Recipient’s business registration number; Supply value (공급가액) and VAT amount (세액); Date of issue (작성연월일); Description, quantity and unit price of items.

Invoice templates for nearby countries

Ready to bill your client in South Korea?

Free, private and done in under a minute. Your invoice is created in your browser and never uploaded.

Create an invoice for South Korea — free

⚠️ General information, not tax or legal advice. Rules change and may depend on your situation — confirm with a local tax adviser or the tax authority. Last reviewed October 2026.