Add or remove VAT at South Korea's standard rate of 10%. Pre-set to KRW — switch modes to work forwards from a net price or backwards from a VAT-inclusive total.
₩50,000 × 1.1 = ₩55,000
Adding 10% VAT to a pair of trainers priced at ₩50,000 (net) gives ₩55,000 gross — that's ₩5,000 of VAT.
₩15,000 ÷ 1.1 = ₩13,636
Removing 10% VAT from a Korean BBQ meal marked ₩15,000 (gross) leaves ₩13,636 net — the VAT portion is ₩1,364.
| Rate | Applies to |
|---|---|
| 10% standard | Most goods and services |
| 0% | Zero-rated exports; unprocessed foods & some services are VAT-exempt |
Businesses in South Korea generally must register for VAT once taxable turnover reaches No general threshold; simplified regime under ₩80,000,000. VAT registration and returns are administered by National Tax Service (NTS).
The standard VAT rate in South Korea is 10%. Reduced rates of 0% apply to items such as zero-rated exports; unprocessed foods & some services are vat-exempt. (Rates as of 2026-07-13.)
Divide the VAT-inclusive price by 1.1 (that is, 1 + 10%). Removing 10% VAT from a Korean BBQ meal marked ₩15,000 (gross) leaves ₩13,636 net — the VAT portion is ₩1,364.
Multiply the net price by 1.1. Adding 10% VAT to a pair of trainers priced at ₩50,000 (net) gives ₩55,000 gross — that's ₩5,000 of VAT.
You must register for VAT in South Korea once your taxable turnover reaches No general threshold; simplified regime under ₩80,000,000. Registration is handled by National Tax Service (NTS).
Rates and thresholds shown as of 2026-07-13. Tax rules change — confirm current figures with National Tax Service (NTS) before relying on them.