A system and method is configured to parse web-document based on elements. The system can include a word parser for extracting and separating all tokens of the document supplied to the terminal regardless of kind of a markup language used to compose the web-document by referring to a token table; and a syntax parser for parsing syntax for the tokens extracted and separated by the word parser on the basis of a contents model, and generating a object on the basis of GUI of the terminal through the parsed syntax. The token table can include tokens defined in an XML document, keywords defined in document type definition (DTD) for all documents provided to the handheld terminal, and a list of elements that can be supported by each terminal. The contents model can be determined in accordance with DTD for all documents provided to the terminal and include a hierarchy of elements and an attribute list.