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List of incentives available in this location for quick easy reference below.

Incentives

Table key

• Incentive offered
• Incentive not offered
• Did not submit information

Cash grants/incentivesMore [+]Less [-]
National government and the local government provide cash grant for funds required to build new factories. (Conditions Apply)
Tax exemptions
Property assistance / other fiscal incentiveMore [+]Less [-]
Foreign investors can get the site support in Free Trade Zones™ and Free Economic Zones™ as well.
Training and labor market assistanceMore [+]Less [-]
Training Subsidy: When newly employing 20 or more, the national government provides support equal to the support provided by the local government for up to 6 months at 100,000-500,000 won(85-425 USD)per person, per month. Employment Subsidy: When newly employing 20 or more, from the 21st new employee, provide support equal to the support provided by the local government for up to 6 months at 100,000-500,000 won(85-425 USD)per person, per month.
Loan guarantees, cheap loans or finance
Exemptions from regulationsMore [+]Less [-]
Through FIPA, foreign investments are provided with a higher level of investment protection than indirect investments (investments through securities and bonds) such as guarantee on overseas remittance and exceptions to the safeguard clause on foreign currency trade.
Target sectorsMore [+]Less [-]
High degree technology business Industry support services R&D
Sectors specific incentives

Sponsorship

If you are the authorised promotions agency for South Korea and would like to have your location highlighted on fDi Atlas, you can contact our sales team on + 44 (0) 207 775 6667 or contact us here.