According to Article 53-2 of the Korean VAT Law, TikTok is responsible for determining, collecting, and remitting a 10% Value Added Tax ("VAT") on the supply of "remote services" in Korea, when they are provided to South Korean residents who are not registered for VAT.

In this context, remote services provided by TikTok include Selling on TikTok fees (listing/referral services), monthly subscription fees, and Sponsored Ads.

If you are registered for VAT in Korea

Please provide us with your valid Business Registration Number (''BRN'') through email before 15 November and ensure that the BRN can be verified against the official database of Korea National Tax Service through the following link: https://www.hometax.go.kr/websquare/websquare.wq?w2xPath=/ui/pp/index_pp.xml

The format of BRN should be xxx-xx-xxxxx.

Please be aware that if TikTok does not receive your valid BRN by the above-mentioned date, we shall treat you as a non-VAT registrant and TikTok may start charging 10% VAT to transactions with you.

If you are not registered for VAT in Korea

Please notify us through email. TikTok shall treat you as a non-VAT registrant and 10% VAT will be added to your purchase.

Note: TikTok is not able to advise you on tax matters. Please contact your tax adviser or local tax authorities for any tax questions.

We sincerely thank you for your understanding and cooperation.