Registering your Business credit card at the HomeTax

Sole proprietors can issue a business credit card and then register it with Home Tax to view their purchase history.

This is essential for the VAT return and journalize income deductible expenses when you file your return.

For more details, please feel free to reach out at jz@taxjz.com or If you would like a consultation with an English-speaking Consultant/Accountant in Korea, please schedule a call at: Schedule a Call with Jz

The method to register a business credit card on Home Tax is as follows:

■ How to Register a Business Credit Card for Individual Proprietors on Home Tax

1. Log in to Home Tax ( https://www.hometax.go.kr ) with your digital certificate.

2. Go to Home Tax > [조회/발급: Inquiry/Issue]

3. [Inquiry/Issue] > 현금영수증 Cash Receipts - 사업용신용카드 Business Credit Card - [사업용신용카드등록 Register Business Credit Card]

4. To register a business credit card:

    1) Check '동의함 Agree' on the Consent Form for the Provision of Personal Credit Information.

    2) Select the card company, enter the card number and mobile phone number, and then

    3) Proceed with [등록접수하기 Register Application]. You can register 50 card maximum.