💡 Can I sell items purchased overseas in Korea without reporting them?
Selling items that were imported without declaring them is considered as smuggling and customs evasion.
When individuals purchase items overseas, items valued at less than $150 are usually exempt from taxes due to the small-scale tax exemption policy, which is subject to the condition that the items are for personal use.
Therefore, if you plan to import items for the purpose of selling, it is mandatory to declare the goods regardless of their value.
💡 Are payments made to domestic companies recognized?
When importing through a domestic purchasing agency, the import declaration and import tax invoice must be issued in the name of the actual buyer.
In this case, if the payment was made only through a domestic remittance, not a foreign currency remittance slip, the domestic remittance record can also be recognized as evidence.
However, depending on the specific details of the transaction, the judgment may differ, so we recommend contacting the Korea Customs Service for more information at ☎️ 125 (without area code).
🚨 Precautions when clearing customs through a purchasing agency
If you have used a purchasing agency service as a consumer, you may have seen the phrase "Please provide your personal customs clearance code".
On the other hand, if you operate a purchasing agency company, you should receive the buyer's personal customs clearance code and proceed with the customs clearance.
What is an overseas purchasing agency? (How to prepare the calling data)
💡 Can I sell items purchased overseas in Korea without reporting them?
Selling items that were imported without declaring them is considered as smuggling and customs evasion.
When individuals purchase items overseas, items valued at less than $150 are usually exempt from taxes due to the small-scale tax exemption policy, which is subject to the condition that the items are for personal use.
Therefore, if you plan to import items for the purpose of selling, it is mandatory to declare the goods regardless of their value.
💡 Are payments made to domestic companies recognized?
When importing through a domestic purchasing agency, the import declaration and import tax invoice must be issued in the name of the actual buyer.
In this case, if the payment was made only through a domestic remittance, not a foreign currency remittance slip, the domestic remittance record can also be recognized as evidence.
However, depending on the specific details of the transaction, the judgment may differ, so we recommend contacting the Korea Customs Service for more information at ☎️ 125 (without area code).
🚨 Precautions when clearing customs through a purchasing agency
If you have used a purchasing agency service as a consumer, you may have seen the phrase "Please provide your personal customs clearance code".
On the other hand, if you operate a purchasing agency company, you should receive the buyer's personal customs clearance code and proceed with the customs clearance.
What is an overseas purchasing agency? (How to prepare the calling data)