E-invoicing requirements in South Korea

Explore the latest electronic invoicing, reporting and archival requirements.

Regulations

Electronic invoicing requirements

South Korea is on our future roadmap.

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Current and upcoming e-invoicing regulations

  • Mandatory e-invoicing with clearance reporting model for certain taxpayers: An issued e-tax invoice must be transmitted to the National Tax Service (NTS) within one day of the invoice being issued

  • Invoice data is reported to the NTS in XML format

  • Invoices and amended invoices (credit and debit notes) are in the scope

  • Applies to domestic transactions only. Cross border transactions are out of scope