Invoice Economist in South Korea Seoul –Free Word Template Download with AI

Invoice Notes & Terms

This Invoice is issued by The Economist Publication Services, Global Distribution & Licensing Division, for the provision of Economist publications, digital access, research reports, and professional services to the client located in Seoul, South Korea. All Economist materials referenced in this Invoice are subject to the standard licensing terms and conditions of The Economist Group.

The client, Seoul Economic Research Institute Co., Ltd., acknowledges that this Invoice covers services and products delivered to their registered office in Gangnam-gu, Seoul, South Korea. All print materials will be shipped via international courier to the Seoul address specified above. The client is responsible for any additional local taxes or fees imposed by the Korean customs authority upon arrival in South Korea.

The VAT (Value Added Tax) of 10% applied in this Invoice is in accordance with the Korean National Tax Service regulations for imported services and publications. The client's Korean VAT registration number (사업자등록번호) has been recorded for tax compliance purposes in South Korea.

All Economist digital licenses granted under this Invoice are non-transferable and restricted to use within the Seoul, South Korea premises of the client. Unauthorized redistribution of Economist content is strictly prohibited under international copyright law and the terms of The Economist Group's intellectual property agreements.

Payment for this Invoice is due within thirty (30) calendar days from the issue date. Late payments will incur a penalty interest of 1.5% per month as stipulated under the Korean Commercial Act. The client is advised to remit payment in Korean Won (KRW) to the designated bank account in Seoul, South Korea, or in British Pounds (GBP) to the London office, with the client bearing any applicable foreign exchange conversion fees.