South Korea to Boost Traditional Liquor Industry with Tax Breaks
Creatrip Team
a year ago
The South Korean government has announced measures to revitalize the traditional liquor industry by relaxing tax reduction conditions, enhancing scientific quality control, and promoting exports. The production limit for small-scale traditional liquor businesses to qualify for tax breaks has been increased from 500㎘ to 1000㎘. Local specialty liquor regulations will be relaxed, and the government plans to modernize related laws to support the growth of premium distilled liquors like soju. Efforts include establishing a quality database through microbial research and ingredient analysis, developing tourism products around breweries, and expanding online sales channels. Collaboration with the Ministry of Foreign Affairs will promote traditional liquors during diplomatic events. These steps aim to recognize Korean traditional liquors in domestic and global markets.
