selim

Stay ahead of changes impacting
the financial accounting
and reporting of income taxes.

Value Added Tax

home Local Compliance InformationValue Added Tax
Subject
Procedure for issuing the Electronic Tax Invoice System in Korea
 Print
Writer
Manager
Date
2014-10-07
Hits
1,832
File

Procedure for issuing the Electronic Tax Invoice System in Korea

 

1.      The preparation item for issuing the Electronic Tax Invoice(“ETI”)

Authentication Certificate: it can issue from internet site by purpose.

- Corporate General version: KRW 110,000-

- Only electronic tax invoice version: KRW 4,400-

- Duzon Software program version: KRW 11,000-

The e-mail address: it require to send and receive the ETI each other

 

2.      To use the “e-Sero Homepage” of National Tax Service (No service charge issuing the ETI )

   How to join the membership

“The connection of e-Sero site” => to click “Join” on the upper right of screen => to click “agree the policy” => to entry the company information => to entry the member information => to get the ID No. and PW No.

After joining the membership, company have to agree the specific Tax agent for tax service with tax agent.

       How to issue the ETI

Login by the authentication certificate => click “My Page” => to register the ETI's receiver(Customer) => Click “the service for issuance & Inquiry” => click the Case-by-Case Issuance, etc => To issue after inquiring the supplier => To print after inquiring the list of ETI.

   

3. When using Duzon program (Fees = KRW 200 per ETI)

Internet site for issuing the ETI => www.bill36524.com

The Login is impossible with Banking-purpose authentication certificate and have to login with corporate general or Duzon-purpose only

 

   

Oder for the process

- After entering the login with authentication certificate, company have to refill the service point for the fee payment and then register my trading partners in advance or can be registered when issuing the ETI.

- After finishing the ETI form, company can issue it to both customers &

NTS automatically.

- In the program, company can check the status which are “Approval or Reject”, if the customer is approved, the ETI is finalized. Whether it's approved or not, the ETI is transmitted to NTS with the real time.

In case www.bill36524.com is joined, the e-mail account receiving and sending the ETI is

automatically generated in relation with Duzon Program.

Prev Deduction of Input Tax for “Credit Card Sales” in Korea
Next VAT & Business-purpose Bank Account
TOP