With a various reason, we need to close the business.

You can close your tax registration(사업자등록증 or 고유번호증) first before to close it at the court for a dismissal of incorporation, so at least you can avoid any tax report responsibility through the closing procedure at the tax office.

To close your tax registration, you need to file the last VAT return and income tax return in a certain period to...

 This is the tax registration issued by the district tax office where your company located physically, and need to register a proper business scope as well as the biz address.

You need to check the validity of the Tax ID when you issue a tax invoice to your clients or receive one from your suppliers, some times they issue it manually to charge you 10% VAT with a Tax ID which is not valid anymore.


According to tax law, you need to receive a proper receipt for your spending if you want to submit it as a tax deductible item when you file a return, this includes credit/check card receipts, cash receipts and finally tax invoices. (Based on VAT law; 10% of the product or service amount)

You need to issue these tax invoices electronically if you're a company registered at the court, with a capital...

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