About paying for business customers

Cautions for corporate card payments

Confirmations before checkout

  • ✅ Ability to make international payments

    • Your corporate card must have the international payment feature enabled.

  • ✅ Payment limits

    • Please make sure that your monthly/annual payment amount in USD is within the limit.

  • ✅ Payment authorization

    • Internal authorization to use the corporate card must be complete.

Information required to register a corporate card

  1. Card Information

    • Card number, expiration date, and CVC

    • Legal name on the card (in English)

  2. Billing information

    • Corporate Business Address (English)

    • Primary email address

    • Business license number (optional)

Notes about payments

  • ⚠️ Payment currency is USD, and the card provider's exchange rate will be applied for conversion to KRW.

  • ⚠️ VAT is not charged separately (reverse charge method)

  • ⚠️ Automatic payment on the same date every month/year when auto-renewal is set up

Tax statements and invoicing

South Korea tax invoices

Unavailability notice

  • Rinda is a foreign entity and can't issue a Korean tax invoice.

  • Instead, she provides the following documents

Invoicing

When to auto-issue

  • Email invoices in English as soon as payment is made

  • Dashboard > Payment history, available for download at any time

Invoices include

  • Invoice Number

  • Service Description

  • Amount

  • Payment Date

  • Service Period

  • Rinda Business Information

추가 서류 요청

Quotation

  • Pre-purchase quotes for internal items available

  • Request at [email protected] (company name and contact information required)

Usage confirmation

  • Confirmation of service use can be issued

  • Additional documentation for accounting purposes available upon request

How to handle VAT for Korean companies

Reverse Charge

Basic principles

  • Rinda doesn't collect VAT.

  • Korean entities file and pay VAT themselves.

The VAT process

  1. At checkout

    • Pay only the USD amount shown (excluding VAT)

    • Example: Standard $150 payment only charges $150

  2. Create a vendor-issued tax invoice

    • From: About Your Organization

    • Supplier: Rinda AI (no business license number)

    • Value of supply: Payment amount converted at the exchange rate on the date of filing

    • Tax: 10% of the supply price

    Filing for VAT

    • Report as "Supply of electronic services" on your VAT return

    • Processed by the IRS at home

    • Input tax credit available (in general)

Required documents

  • ✅ Invoices in English for Rinda

  • ✅ Corporate card payment receipt

  • ✅ Proof of exchange rate as of the date of declaration (reference rate according to the Foreign Exchange Transactions Act)

Accounting examples

[at the time of payment]
Prepaid expenses 165,000 won* / unit) Accounts payable 165,000 won
(*$150 × exchange rate of 1,100 won assumed)

[Preparation of VAT invoice]
Payment fee 150,000 won / unit) Advance cost 165,000 won VAT 15,000 won

[Payment of value-added tax]
Accounts payable 165,000 won / unit) Cash 165,000 won
VAT receivable 15,000 won / unit) VAT payment 15,000 won

Request a quote process

How to request a quote

  1. Send an email: [email protected]

  2. Subject: [Request a Quote] Entity Name

Required information to include

  • Business Name (Korean/English)

  • Business license number

  • Contact name and phone number

  • Desired plan and billing cycle

  • Estimated number of users (for enterprise)

  • Purpose of the quote (for shopping, budgeting, etc.)

Quoting timeframes

  • ~ Standard plan: 1-2 business days

  • Enterprise plan: 3-5 days after consultation

Procedure for changing the purchasing contact

Request a contact change

  1. Emailing a change request

  2. Required attachments

    • Letter requesting a change of contact person (corporate seal)

    • New contact's employment certificate

    • Handover letter from previous contact (optional)

What can be changed

  • ✅ Payment notification emails

  • ✅ Email to receive invoices

  • ✅ Account admin rights

  • ✅ Corporate card information (additional verification required)

Processing duration

  • General changes: 2-3 business days

  • Including changes to payment information: 5-7 business days

💡 Dedicated support for corporate customers

  • Email: [email protected]

  • Dedicated consultation available for corporate customers

  • Bulk purchases and customized plans can be discussed

📋 Frequently requested documents

  • Invoice - Automatically issue invoices in English

  • Quotation - on request

  • Usage confirmation - on request

  • Transaction statement - on request

⚠️ Important Notes

  • All corporate documents are issued in English.

  • Korean tax invoices are not issued.

  • You will need to file VAT yourself.

  • Please consult with your accounting/tax representative for accounting details.