This page provides answers to frequently asked questions about migrating your existing Google Cloud Platform (GCP) billing account with Google Asia Pacific Pte Ltd to a billing account with Google Cloud Korea LLC and local currency payments.Why should I migrate my billing account?
To better serve our Google Cloud Platform customers in Korea, the contract party of your Google Cloud Platform services is changing from Google Asia Pacific Pte Ltd to Google Cloud Korea LLC (as a reseller) and to local currency payments (KRW).
Customers paying by credit card need to migrate their billing accounts by using the Billing account migration page. If you're a business customer, you also need to provide your Business Registration Number (BRN) and and other tax related information. You may have to contact your Billing admin to complete this process.
If you are a customer paying by monthly invoicing, complete this form to be migrated.
No. Going forward all customers with a billing account address in Korea will be billed in Korean Won (KRW).
Once your account has been transitioned to Google Cloud Korea LLC, you will see the following changes:
- Your billing account ID will change.
- Your invoices will be issued by Google Cloud Korea LLC instead of Google Asia Pacific Pte Ltd.
- You will be billed in Korean Won (KRW).
- You will be charged local taxes (10% VAT).
- If you're on invoicing, the remittance information on your monthly invoice will change.
When Google charges in local currency, we convert prices into applicable local currency pursuant to the conversion rates published by leading financial institutions. See your GCP pricing in KRW on the Google Cloud Platform SKUs page.
To comply with local law and accordingly charge the applicable VAT correctly on the invoice, if you’re a business customer, Google is required to collect your BRN and other tax related information.
If you're an individual and you don’t have a BRN yet, you can select Individual during the migration steps. As an Individual, you are not required to enter a BRN. However, Google Cloud Platform services can only be used for economic benefit now or in the future.
In Korea, Google Cloud Platform (GCP) services can only be used for business purposes. During GCP billing account setup, you may be asked to confirm that you see a potential economic benefit from your use of the product now or in the future. For example, you are using Google Cloud Platform to develop prototypes or applications with a goal of generating revenue.