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Home > Industry/Economy |
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 Supreme Location |
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Heart of Korea : Within 2 hours away from Anywhere in Korea |
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Gateway to Northeast Asia :
Within 2 hours away from Major Northeast Asian Cities
- Tokyo, Beijing, Shanghai, Vladivostok, Taipei, etc. |
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| Optimal Investment Condition |
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Low investment cost : Exemption from national tax, duties,
local tax and Incentives for land purchase |
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Stable labor-management relations :
Subsidies for recruitment and job training |
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| Tax Exemption |
National Tax : 100% on corporate tax and income tax |
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| for 5 years, followed by 50% cut for additional 2 years |
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| Duty : 100% exemption on capital goods brought in within 3 years |
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| Local Tax : 100% exemption on acquisition, registration, |
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| and property tax for 15 years at most |
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| Subsidies |
Recruitment & Job Training : Subsidy up to USD 300,000 for each company |
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| Facility : Subsidy up to USD 200,000 |
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| Compensation for Land Purchase : Subsidy up to 50% |
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| Land Support |
National & Public Land : Lease for 20~50 years |
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| Foreign Investment Zone : |
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| Infrastructure support such as road and water facilities. |
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| Convenient Infrastructure Facilities |
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Bases for large-scale industries : 13 industrial complexes for automobile, display materials,
iron & steel, petrochemicals, etc. |
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Fully-furnished infrastructure for transportation & logistics : 5 ports, 3 railways and 1
high-speed railway, 5 highways and 2 airports |
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| Province' Firm will to Provide Service |
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One-stop service |
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Customized "Person to Person" support assisted by a designated project manager |
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