Delaware LLC Formation for Korean E-commerce Sellers
Korean e-commerce sellers can incorporate a Delaware LLC to gain access to US financial infrastructure and global payment processors. This structure allows for the separation of business assets from personal liabilities under US law.
Founders must comply with both US federal filing requirements and the Korean Income Tax Act regarding foreign-source income reporting.
Model the full outlay, not just the setup fee
- SetupMercury (banking-only) setup$0.00
- AnnualYear 2 renewal$0.00
What the tax authority sees
US LLCs are pass-through entities where non-US source income is generally not subject to US federal income tax provided the LLC is not engaged in a trade or business in the US (ETBUS).
National Tax Service; foreign-source income reporting per Income Tax Act Article 3; Korea has US tax treaty (10% treaty rate for royalties).
Use a Delaware LLC for e-commerce to access US payment gateways like Stripe/Shopify Payments while maintaining pass-through status for Korean tax reporting.
- 01Form 5472 and 1120 penalty of $25,000 for late or missing filings
- 02Korean National Tax Service reporting requirements for foreign-source income
- 03Potential US ETBUS status if managing operations from within the US
From filing to funded bank account
US LLC (Delaware) vs Estonia OÜ (e-Residency)
FAQ
Start filing with Mercury (banking-only)
Formation typically completes in 2–3 weeks. Use the promo below, then click through to begin the checklist directly on the platform.