CASH REBATE
KOFIC Location Incentive
Korean Film Council (KOFIC) / Ministry of Culture, Sports and Tourism
Last verified 5 Apr 2026 · 14 days ago
25%
Min qualifying spend
₩400M
Sessions/year
1
Payment timing
8 months
Reliability
Good
Bankability
Bankable
Rate conditions
↓ 15%Projects submitted after completion of shooting in Korea (limited to post-production)
Funding tracks
Co-production films
International co-production films produced by Korean companies
KRW 400M cap
Foreign projects
Non-Korean productions with >80% non-Korean contribution
KRW 300M cap
Territorial spend requirement
Qualified Production Expenditures must be made in Korea
5 shooting days in territory
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
feature filmtv seriesdocumentary
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.
● Co-production eligible● Service work eligible● VFX eligible
Upcoming deadlines
17 Jun 2026Application deadline
Source: Korean Film Council (KOFIC) / Ministry of Culture, Sports and Tourism · verified 5 Apr 2026