In South Korea, e-tax invoice/value-added tax report shall be done for each business place of a company. So companies have to register each business place as a unit responsible for tax reporting to the corresponding tax authority / jurisdiction. That means, each business place gets a different VAT registration number and issues an e-tax invoice and VAT report based on it. This way is so called business place unit VAT taxation.

Additionally, the Korean tax authority offers another option for e-tax invoicing and reporting based on a company level. This option is so called company unit VAT taxation.

If a company has more than two business places and is registered for company unit VAT taxation instead of business place unit VAT taxation, it may consolidate all tax returns for such different places of business into a main business place and report a single tax return to a tax authority. Then the tax authorities will provide 4-digit codes (so called main/minor business place numbers) for each business place instead of a separate VAT registration number. This 4digit code shall be specified/shown on e-tax invoices.

According to this legal change, the following process shall be considered.

  • Change of e-tax invoice form
  • Update a main/minor business place number in a file layout of e-tax invoice
  • Change of tax invoice print program(RFIDKRTCR)
  • Add a field to maintain a minor business place number in customer/BP master

Regarding the above change, if you have any question, please contact me me.young.kim-nitsch@sap.com anytime.

Best regards,
Mykim
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안녕하세요,

사업자단위과세와 관련해서 세금계산서 발행프로그램 RFIDKRTCR이 내년 상반기에 변경될 예정입니다.
기존의 사업장별로 세금계산서를 발행하는 기능외에 주사업장으로 발행할수 있는 기능을 추가하였습니다. 자세한 문의는 me.young.kim-nitsch@sap.com으로 메일을 보내주시기 바랍니다.

감사합니다.
김미영드림

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