Global Trade Alert
Global Trade Alert

Republic of Korea: Expansion of tax incentives for webtoon production, venture investment, and new growth and national strategic technologies

Announcement

20 Mar 2026

In March 2026, the South Korean government adopted a revision of the Restriction of Special Taxation Act, introducing tax credits for webtoon production, investment in startups and venture firms, and added technologies to new growth technologies and new strategic technologies tax incentives.

Source

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Mar 2026

Revocation date:

No revocation date

Announced: 20 Mar 2026
Tax or social insurance relief In force

Recent update from 25 May 2026:

On 20 March 2026, the South Korean government adopted an amendment to the Restriction of Special Taxation Act. Among others, the amendment enables domestic corporations to claim tax credits on equi...

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Announced: 20 Mar 2026
Tax or social insurance relief In force

Recent update from 25 May 2026:

On 20 March 2026, the South Korean government adopted an amendment to the Restriction of Special Taxation Act. Among others, the amendment expanded the definition of eligible technologies and added...

Sign in to see more
Announced: 20 Mar 2026
Tax or social insurance relief In force

Recent update from 25 May 2026:

On 20 March 2026, the South Korean government adopted an amendment to the Restriction of Special Taxation Act. Among others, the amendment added several technologies to the list of new growth and s...

Sign in to see more
Announced: 20 Mar 2026
Tax or social insurance relief In force

Recent update from 25 May 2026:

On 20 March 2026, the South Korean government adopted an amendment to the Restriction of Special Taxation Act. Among others, the amendment introduced the tax deduction rate for webtoon content prod...

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