Incentives Scorecard: Unique Locations, Cash Rebate Help Lure Productions to South Korea

In addition to its own thriving film industry — which produces pictures for domestic consumption and for distribution to other Asian countries, the U.S. and elsewhere — South Korea is luring foreign producers with a combination of unique locations and a cash rebate of up to 25% on qualified spending.

Incentives
25% Cash rebate on qualified spending on goods and services in South Korea
100k Minimum spend
3 Requirements:A film must promote tourism, must “contribute to the Korean film industry,” and the foreign producer must be “engaged in the production of the work”

Information courtesy of EP Financial Solutions, a production incentive consulting and financial services company.

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