| Benefit as a % of spend | 30.00 |
| Financial cap per production | - |
| Do I have to register/set up a company? | Optional |
| Does foreign cast/crew paid in their home country/region qualify as expenditure? | No |
| Do foreign cast/crew have to pay tax in the host country/state/region? | No |
| Does travel to/from country/region qualify as expenditure? | No |
| Can a production qualify for other national incentives such as cultural programmes if it qualifies for this incentive? | Yes |
| Criteria to access the benefit | - - Minimum shooting days: 3
- - Minimum spend 100000000 (in local currency)
- - TV Broadcast or theatrical distribution contract required
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| When will the benefit/incentive be received? | - - On submission of audited accounts
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| Additional incentives or advantages | - - - 30% rebate : Shoot more than 10 days
Spend more than 2 billion KRW (2 million USD)
- 25% rebate : Shoot more than 7 days
Spend 500 million KRW (500,000 USD) / less than 2 billion KRW (2 million USD)
- 20% rebate : Shoot more than 3 days
Spend 100 million KRW (100,000 USD) / less than 500 million KRW (500,000 USD)
Post production costs or labor costs for actors/actresses and staffs must not exceed 50% of the total QPE.
Only those costs incurred between the date 3 months prior to the commencement of the principal photography in Korea and the date of the audited expenditure statement and qualified under the Standard for Qualifying Production Expenditure are recognized as QPEs.
Any production cost for which public financing in Korea has been made available shall not be recognized as a QPE. However, support from regional film commissions shall be deemed as qualifying public financing.
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