On April 24, 2025, the Ministry of Culture, Sports and Tourism
(the "MCST") issued a legislative notice regarding a
proposed amendment to the Enforcement Decree (the "Enforcement
Decree Amendment") of the Game Industry Promotion Act
("GIPA"), which includes key provisions such as criteria
for foreign video game companies mandated to designate a local
representative.
Under Article 31-2 newly added to GIPA through the amendment
dated October 22, 2024 and taking effect on October 23, 2025,
certain video game publishers or providers without an address or
place of business in Korea that meet the criteria prescribed by
Presidential Decree are required to designate a local
representative to fulfill (i) the reporting obligation under
Article 31(2) of the GIPA and (ii) the disclosure and labelling
obligations under Article 33 of the GIPA. The Enforcement Decree
Amendment implements this change to the GIPA by setting forth the
criteria for applicability and other details