Korea tax guide
Selling Used Goods Online in Korea: Tax Guide for Foreigners
Income Tax
Who this guide is for
- Foreign residents selling personal items before moving
- Regular resellers on Korean marketplaces
- Collectors selling repeated or high-value items
- Online sellers importing goods for resale
Quick Answer
Occasionally selling your own used household items is different from repeatedly buying, making, or importing goods for profit. Korean tax risk increases when sales are continuous and commercial, inventory is acquired for resale, similar items are listed repeatedly, or the seller operates like a business. Platform deposits alone do not determine the result; facts and records do.
Key points
- Distinguish disposal of personal belongings from a continuous profit-seeking activity.
- Frequency, inventory sourcing, advertising, and resale intent matter together.
- Keep purchase and sale evidence even if the platform reports transactions.
- A business can trigger registration, income-tax, VAT, and receipt duties.
- Immigration permission must be checked separately from tax registration.
Detailed explanation
Start with why and how you sell
Selling a used desk, bicycle, and kitchen items after personal use does not look like buying ten similar products to resell each month. Create a short fact record: why each item was acquired, how long it was used, why it was sold, and whether similar inventory was purchased for resale.
Signs of a commercial activity
No single factor decides every case, but business risk grows when you:
- purchase or import inventory for resale;
- list similar new or refurbished items repeatedly;
- advertise continuously or maintain a storefront identity;
- price and operate for recurring profit;
- use dedicated storage, shipping, or staff; or
- combine platform activity with an existing retail business.
Do not confuse deposits with profit
For a business, platform deposits should be reconciled to gross sales, refunds, fees, shipping, and supported cost of goods. For personal disposals, preserve original purchase information and the facts showing personal use. A bank total by itself cannot reliably prove either taxable profit or a non-business sale.
Review connected duties
If the activity is a business, consider business registration, comprehensive income tax, VAT status, receipts, inventory records, and customs treatment. Foreign sellers must also confirm that their status of stay permits the activity. Tax registration does not expand immigration permission.
Keep a simple evidence file
Export platform histories periodically. Save photos, descriptions, purchase receipts, settlement reports, and shipping records. For higher-value goods, keep serial numbers, authentication, repair records, and proof of personal use. Consistent evidence is especially helpful when many deposits look commercial without context.
Documents you may need
- Original purchase receipts
- Listings and sale dates
- Platform settlement reports
- Shipping and payment records
- Inventory purchases
- Repair and selling-fee receipts
- Business registration if applicable
- Visa work-permission evidence
Common mistakes
- Assuming all secondhand sales are tax-free
- Assuming every platform deposit is taxable profit
- Deleting listings and purchase records after payment
- Importing inventory as personal goods and then reselling it
- Registering for tax without checking immigration permission
When should you ask a tax professional?
Ask a qualified tax professional if you have income from several countries, business income, unclear tax residency, treaty questions, missing documents, late filing concerns, or a visa situation that depends on tax records. This site explains general patterns only and cannot review your personal facts.
FAQ
Do I owe tax for selling furniture before leaving Korea?
A genuine one-time disposal of personal household items is different from a resale business. Keep evidence showing personal ownership, purchase history, and the move or clear-out context.
Is there a fixed number of sales that makes me a business?
Do not rely on a single transaction count. Continuity, profit purpose, repeated similar goods, inventory purchases, advertising, and operating method are considered together.
Does marketplace reporting mean all deposits are taxable income?
No. Reporting can help authorities identify transactions, but the legal classification and taxable amount still depend on the underlying facts and support.
Official Sources to Verify
Check the tax year, eligibility conditions, and publication date in the official material before applying a rule. A link marked “Service portal” helps you find a service; it does not substantiate a particular rate or entitlement.