In 2011, e-Invoice was introduced for B2G and B2B transactions in South Korea. The scope of implementation will gradually expand. The implementation is tied to the annual sales threshold and there is a new decision regarding this process. In 2023, the threshold will be reduced to 100.000.000 KRW (about USD 83,000). For more information, please check out the news via the link below.
Source SNI
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