Following recent amendments to South Korea's VAT law, from 1 July 2015 foreign supplies of e-services will be subject to Korean value added tax (VAT 10%) when provided to Korean consumers. E-services subject to VAT include supplies of games, music, video, electronic documents or software that are stored on a computer or other electronic device or are accessible through a computer or device in real time without being stored.
Foreign suppliers of such services are subject to simplified VAT reg…