The invention discloses a GaN-based yellow-light LED structure. The GaN-based yellow-light LED structure comprises a chip component and a light emitting diode component, the chip component comprises asilicon carbide substrate, an epitaxial layer growing on the silicon carbide substrate, and a P electrode and an N electrode arranged on the epitaxial layer, the epitaxial layer comprise an InN buffer layer, an AlGaN buffer layer, a non-intentionally doped GaN contact layer, an N-type doped GaN contact layer, an InGaN preparation layer, a yellow-light multi-quantum well layer, an electron blocking layer, a P-type doped GaN contact layer, and a transparent conducting layer stacked in sequence, the N electrode is arranged on the N-type doped GaN contact layer, the P electrode is arranged on thetransparent conducting layer, the InGaN preparation layer and the yellow-light multi-quantum well layer both include an inverted cone structure, and the light emitting diode component comprises a support used for fixing the chip component, a welding wire and a support electrode. According to the GaN-based yellow-light LED structure, phenomena of cracking and fragmentation can be avoided, and theuniformity is improved.