VATVAT Calculator for South Korea
Work out VAT in South Korea in one step: enter a net or gross price in KRW and get the tax amount and the total at 10%.
South Korea · VAT
VAT rates in South Korea
The standard VAT rate in South Korea is 10%. There are no reduced rates: the same percentage applies to every taxable sale. This is below the average for Asia (12.1%). Worldwide ranking by standard rate: #131 of 159 countries.
| Rate | Type |
|---|---|
| 10% | Standard rate |
Official source: nts.go.kr. Rates checked: October 2026.
How to calculate VAT in South Korea
Adding VAT to a net price
VAT = net × 10 / 100
gross = net × 1.1
Removing VAT from a gross price
net = gross / 1.1
VAT = gross − net
Remember that the tax share of a gross price is smaller than the rate itself: at 10% it is 9.09%. That is why you divide by 1.1 rather than subtracting 10%.
VAT examples in KRW
Common amounts with 10% VAT added:
| Net | VAT 10% | Gross |
|---|---|---|
| 10,000 KRW | 1,000 KRW | 11,000 KRW |
| 50,000 KRW | 5,000 KRW | 55,000 KRW |
| 100,000 KRW | 10,000 KRW | 110,000 KRW |
| 500,000 KRW | 50,000 KRW | 550,000 KRW |
| 1,000,000 KRW | 100,000 KRW | 1,100,000 KRW |
| 10,000,000 KRW | 1,000,000 KRW | 11,000,000 KRW |
Removing VAT from gross prices
| Gross | Net | VAT 10% |
|---|---|---|
| 55,000 KRW | 50,000 KRW | 5,000 KRW |
| 110,000 KRW | 100,000 KRW | 10,000 KRW |
| 550,000 KRW | 500,000 KRW | 50,000 KRW |
| 1,100,000 KRW | 1,000,000 KRW | 100,000 KRW |
Questions about VAT in South Korea
What is the VAT rate in South Korea?
The standard VAT rate in South Korea is 10%. There are no reduced rates: the same percentage applies to every taxable sale.
How do I add 10% VAT to a price?
Multiply the net price by 1.1. For example 500,000 KRW × 1.1 = 550,000 KRW.
How do I remove VAT from a gross price?
Divide the gross price by 1.1. For example 550,000 KRW ÷ 1.1 = 500,000 KRW net; the difference is the VAT.
What share of a gross price is VAT?
At 10%, VAT makes up 9.09% of the gross price (10 ÷ 110).