In a move to boost the global competitiveness of South Korea's webtoon industry, the government announced plans to introduce tax credits covering 10–15% of production costs for digital comics.
As part of the 2025 tax reform plan the Ministry of Economy and Finance unveiled on July 31, the new measure aims to strengthen the nation's cultural soft power by supporting one of its most internationally successful content sectors.
Eligible content includes webtoons and digital comics as defined under Korea's “Promotion of Comics Act” and must be distributed via an online network. Covered expenses include planning and production labor costs, licensing fees for source novels, and software costs related to webtoon creation. Indirect costs such as marketing or promotional expenses are excluded.
The tax credit will be 10% for large companies and 15% for small- and medium-sized enterprises. The credit will apply to expenses incurred in the fiscal year in which the webtoon is released online and will remain in effect through the end of 2028.
Source: YNA (Kyung-rak Min)