South Korea VAT Calculator
Add or remove VAT in seconds. The standard rate in South Korea is 10%.
Price including VAT
₩110
- Net amount
- ₩100
- VAT at 10%
- ₩10
- Gross amount
- ₩110
South Korea VAT rates
| Rate | What it applies to |
|---|---|
| 10% | Standard rate: most goods and services |
Zero rate: exports, international transport, some services to non-residents. Exempt: unprocessed food and farm products, medical and health services, finance and insurance, education.
How to calculate VAT in South Korea
- To add VAT: price before tax × 1.1 = price including tax. For example, 100.00 × 1.1 = 110.00.
- To remove VAT: price including tax ÷ 1.1 = price before tax. For example, 110.00 ÷ 1.1 = 100.00.
- The tax inside a price that includes it: price including tax × 10 ÷ 110. For 110.00 that is 10.00.
Registering for VAT and invoicing
- When to register
- All businesses must register; sole traders with prior-year sales under KRW 104 million can use the simplified VAT scheme (no VAT due under KRW 48 million).
- On your invoices
- Electronic VAT invoices are mandatory for corporations and larger sole traders.
- Local name
- Bugagachise (Value Added Tax)
Recent changes and things to know
Rate has been 10% since 1977.
South Korea VAT: frequently asked questions
What is the VAT rate in South Korea?
The standard VAT rate in South Korea is 10%.
How do I add VAT to a price?
Multiply the price before tax by 1.1. For example, 100 plus 10% VAT is 110.00.
How do I remove VAT from a price?
Divide the price including VAT by 1.1. For example, 110.00 including 10% VAT is 100.00 before tax. Do not just take 10% off the total, because that gives the wrong answer.
When do I have to register for VAT in South Korea?
All businesses must register; sole traders with prior-year sales under KRW 104 million can use the simplified VAT scheme (no VAT due under KRW 48 million).
What must a VAT invoice show in South Korea?
Electronic VAT invoices are mandatory for corporations and larger sole traders. You can make one with the free invoice generator.
Is this VAT calculator free?
Yes. It is free, needs no sign-up and runs in your browser, so nothing you type is sent to BunnyDoc.
Sources
Rates checked in October 2026. Tax rates and rules change, and what you charge depends on what you sell and to whom, so check the official sources above or ask an accountant. This page is general information, not tax advice.
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