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Investment Support System

Foreign Investment Company

  • Federal Tax Benefits
    • Corporation Tax, Income Tax: A maximum of 100% reduction and exemption for 5 years, then 50% for 2 years
    • Customs, Special Excise, Added Value Tax: 100% reduction and exemption for 3 years
  • Regional Tax Benefits
    • Acquisition Tax, Registration Tax: 100% reduction and exemption for 15 years
    • Property Tax: 100% reduction and exemption for 7 years, 50% reduction and exemption for 3 years
    • Finance Benefits: Up to 200 million won per business
    • Subsidy: For land, hiring, education and training, and facility

Domestic Investment Company

  • Support for Moving to the Domestic Company Investment Promotion District
    • Who receives the support: A company with an investment worth more than 1.5 billion won or with new employment of more than 20 staff.
    • Support Benefits: Up to 200 million won per company per subsidy
    • Land Site: Up to 30% of the normal price of land parcel
    • Hiring Subsidy: Up to 500,000 won per employee exceeding 20 newly hired employees
    • Subsidy for Education and Training: Up to 500,000 won per employee exceeding 20 newly hired employees
    • Facility Subsidy: Within the scope of 2% for facility costs exceeding 5 billion won
    • Moving Subsidy: 1% of the moving cost for factory facility exceeding 1 billion won
  • Finance Benefits
    • Funds for Safe Business Administration
    • Up to 200 million won per company

Support for Domestic Company

  • Subsidy for Moving Head Office: Up to 300,000 won per personnel and 100 million won per company exceeding 10 personnel working at the head office
  • Special Support for Companies Moving from the Greater Capital City Area: Up to 5 billion won for companies located in the Greater Capital City Area
  • Operating business in the Greater Capital City Area for more than 3 years, full time employment of more than 50 people
  • Support for financing the purchase of factory site
  • Investment amount of more than 5 billion won, more than 100 full time employees
  • Up to 50% of the purchase price of factory site
  • Financing interest: no interest