KOFIC Location Incentive
Key questions
How much does KOFIC Location Incentive pay?
KOFIC Location Incentive pays 25% of eligible local spend in South Korea. Minimum qualifying spend is ₩400M. It is bankable, so lenders will typically cash-flow it.
Who is eligible for KOFIC Location Incentive?
KOFIC Location Incentive is open to feature films, TV series and documentaries. Eligible structures include official co-productions and service productions shooting in the territory. Must shoot more than 5 days in Korea and spend minimum KRW 400 million on qualified production expenditures (reduced to KRW 50 million for co-productions with certain partner countries).
When is the next KOFIC Location Incentive deadline?
KOFIC Location Incentive runs 1 application sessions a year; the next date has not been published yet.
How do you apply for KOFIC Location Incentive?
Applications for KOFIC Location Incentive go to Korean Film Council (KOFIC) / Ministry of Culture, Sports and Tourism. Payment usually follows about 8 months after completion. PULPSCREEN last verified these details on 5 Apr 2026.
Rate conditions
Funding tracks
Territorial spend requirement
Qualified Production Expenditures must be made in Korea
Overview
KoBiz(Korean Film Biz Zone) has been running powered by the Korean Film Council (KOFIC) since April 2011. We have offered a wide range of news to visitors based outside of Korea and provided them with detailed information about the Korean film industry a well as various supporting programs via kobiz (www.koreanfilm.or.kr)..
Eligible formats
Eligibility
Must shoot more than 5 days in Korea and spend minimum KRW 400 million on qualified production expenditures (reduced to KRW 50 million for co-productions with certain partner countries). Applicant must be a lawfully registered Korean film/video producer.