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South Korea - Taxes


inspiredsteps

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Dear all,

 

The business I work for is located in South Korea and I am asked to create a shop that sells to US, Japan and Europe. I assume that VAT rates stay the same regardless of the country being sold to.

 

After calling the 관세청 (Korean Customs Service office) I was told that the VAT is 10% when goods move from a domestic Korean company and are sent to any foreign country.

 

If anyone else is a Korean business I would like to know if you got the same data.

 

Thank you.

Edited by inspiredsteps (see edit history)
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