Behind the LensSouth Korea

Filming Incentive · Country

South Korea film tax incentive

South Korea offers 20-30% (KOFIC location incentive) as a cash rebate + tax credit, with a minimum qualifying spend of KRW 50M (~$38K) + 3 shoot days. That ranks #62 of 79 jurisdictions in this directory by base rate.

Rate
20-30% (KOFIC location incentive)
Base / ceiling
20% / 30%
Credit type
Cash Rebate + Tax Credit
Min. spend
KRW 50M (~$38K) + 3 shoot days
Per-project cap
KRW 300M per project (liftable)
Rank by base rate
#62 of 79

Checked against official sources 23 July 2026

Estimate the credit

Apply the published rate to your qualifying spend.

Estimated credit

$200,000 – $300,000

20% base, up to 30% with uplifts of $1,000,000

A starting point, not a bankable figure. The low end is the rate a production can count on; the high end needs every uplift stacked. It does not model tiers, per-project or annual caps, above- and below-the-line splits, or residency rules. Confirm the number that applies to your production with the film office.

Program detail

Per-project cap
KRW 300M per project (liftable)
  • The Seoul Metropolitan Government provides production cost support to selected projects alongside the national KOFIC location incentive.
  • Support is capped at KRW 300,000,000 per project, though the cap can be lifted for projects with exceptionally high marketing value.

Incentive terms change with legislation. Verify current rates, caps, and eligibility with the film office before committing a budget. Last checked 2026-07-23.

How South Korea compares

Other countries in this directory, ranked by base rate.

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Film offices in South Korea

3 offices and commissions handle productions here, from the country-wide agency down to city and regional commissions.

See these offices on the map