Selling from South Korea

Can you sell online from South Korea and get paid?

Yes. From South Korea you can sell digital products, courses, SaaS and services to buyers in 190+ countries, as an individual or a company, and get paid to your own bank in South Korea in EUR or USD, twice a month. Stripe does not accept sellers based in South Korea. To sell without your own Stripe account, you use a merchant of record: it is the seller on each sale and handles VAT and sales tax abroad. Which ones work from South Korea.

Also work from South Korea: Paddle, Lemon Squeezy, Polar, Creem, Dodo Payments, Gumroad. Do not: Stripe. See the table.

Reviewed by Panche Isajeski, founder of AgentaOS, 19+ years in payments, featured on Indie Hackers. Checked against our supported countries and each provider’s own page. General information, not financial, tax or legal advice.

Asked locally

Money from abroad in South Korea

What sellers here ask about money from abroad.

Is income from foreign clients taxed in South Korea?

Yes. Residents pay income tax on income from sources inside and outside Korea. National rates run from 6% to 45%, plus local income tax at 10% of the national tax. PwC Worldwide Tax Summaries

Are there limits on receiving money from abroad in Korea?

The Bank of Korea says there is no specific restriction on receipts from abroad, but a transfer is treated as a donation unless supporting documents are submitted. Bank of Korea

Can Korean residents hold foreign currency?

Generally yes. Residents may possess foreign exchange except in cases set out in the Foreign Exchange Transaction Act. PwC Worldwide Tax Summaries

General information, not tax or legal advice. Check with a local accountant.

South Korea at a glance

Selling from South Korea, in facts

Who can sell
Individuals and companies verification docs
How you get paid
To your own bank account in South Korea, by local bank transfer. supported countries
Payout currency
EUR or USD, to a EUR or USD account at your bank (a foreign currency account) payout docs
Payout days
The 1st and the 15th of each month payout docs
First payout
14 days after each sale, from €50 or $50 payout docs
Fee per card sale
4.5% + €0.50; international cards +1.5% pricing docs
Payout fee
1% of the payout, at least €1 pricing docs
Local transfer cost
Very low: a local or SEPA transfer, passed through at cost and shown before you request a payout. supported countries
Tax on your sales
Charged, filed and paid by us as the seller tax docs
Your income tax
Yours to declare in South Korea. You get a statement and a self-billed invoice per payout. payout docs
What you receive

From a sale to your account

Example: one month, ten sales of €100.

Ten sales of €100€1,000.00
AgentaOS fee: 4.5% + €0.50 per sale−€50.00
Payout fee: 1%−€9.50
Local or SEPA transfervery low
Lands in your bankabout €940.50

Try your own numbers in the payout calculator →

International cards +1.5%. On Pro (€49 a month) every card sale is 4.0% + €0.40. EU buyers pay VAT on top, which we file.

Doing it yourself instead? Stripe with a company abroad costs about €6,000 in the first year at €2,000 a month, once you add the company, an accountant, tax filing and about 50 extra hours of your time. See the full comparison.

Your options

Who accepts sellers from South Korea

The usual names, checked one by one.

ProviderSellers in South Korea?What their own page says
AgentaOSMerchant of RecordYesIndividuals and companies. Paid out twice a month. Supported countries
StripeCard payments, you are the sellerNoNot on the Stripe supported countries list. Stripe’s page
PayPalWallet and card paymentsYesLocal PayPal site offers request money and business payments. PayPal’s page
PaddleMerchant of RecordYesNot on the Paddle unsupported countries list. Paddle’s page
Lemon SqueezyMerchant of RecordYesOn the bank payout list. Lemon Squeezy’s page
PolarMerchant of RecordYesOn the Stripe Connect Express payout list. Polar’s page
CreemMerchant of RecordYesSupported with local bank payouts. Creem’s page
Dodo PaymentsMerchant of RecordYesOn the accepted countries list. Dodo Payments’s page
GumroadMerchant of RecordYesBank payouts in KRW (min 40,000). Gumroad’s page
WiseReceive money from clientsYesOn the hold money list. Wise’s page

Checked on 6 October 2026 against each provider’s own country page. Providers change their lists; follow the source link before you decide.

Questions

Selling from South Korea: answers

Which merchant of record works in South Korea?

By their own country lists, checked 6 October 2026, Paddle, Lemon Squeezy, Polar, Creem, Dodo Payments, Gumroad and AgentaOS accept sellers in South Korea. They differ in how you get paid: compare the payout notes in the table above, where each row links to the provider’s own page.

Can I sell online from South Korea as an individual?

Yes. You can open an account as an individual or as a company. AgentaOS is the official seller of your product, so you do not need a company abroad.

How do I get paid in South Korea?

To your own bank account in South Korea, by local bank transfer. Payouts run on the 1st and the 15th of each month, in EUR or USD.

Do I need a EUR or USD account?

Yes. Payouts are paid in the same currency as your balance, EUR or USD, so you need a EUR or USD account at your bank (a foreign currency account). No currency conversion happens inside a payout.

Is Stripe available in South Korea?

No. Stripe does not open accounts for businesses based in South Korea, so sellers there use a Merchant of Record like AgentaOS, or open a company abroad. Stripe’s country list.

Does PayPal work in South Korea?

Yes. Local PayPal site offers request money and business payments. PayPal.

Is income from foreign clients taxed in South Korea?

Yes. Residents pay income tax on income from sources inside and outside Korea. National rates run from 6% to 45%, plus local income tax at 10% of the national tax.

Are there limits on receiving money from abroad in Korea?

The Bank of Korea says there is no specific restriction on receipts from abroad, but a transfer is treated as a donation unless supporting documents are submitted.

Can Korean residents hold foreign currency?

Generally yes. Residents may possess foreign exchange except in cases set out in the Foreign Exchange Transaction Act.

General questions: when is my first payout? · what does it cost? · who handles VAT? · do I need a company?

Free to start

Start selling from South Korea

€0 a month, no card. Individuals and companies. Your first payout on the next 1st or 15th after your sales clear.

Not sure what to charge? Free pricing review