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Investment Information

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Foreign Investment Support Conditions

  • For the foreign investment, of which the proportion of foreign investment is 30% or more or the foreigner is the founding stockholder. However, the company which enters into the foreign investment zone shall be excluded.

Support Limit for Foreign Investment

  • Less than 50% of the foreign investment amount (100% for the complex type foreign investment zone of Daebul Industrial Complex)
  • Less than 25% of the aggregation sum of foreign investment amount and the reinvestment amount of the earned surplus

1. Locational Subsidy

  • In case of purchasing the land of specific industrial complex or the area desired to invest totally or partially, the governor will determine the details by each case and support to the extent of budget (less than normal distribution price, apply within 1 year from the distribution contract date)

2. Employment Subsidy

  • In the event that the permanent personnel newly employed may be 20 or more(Enable to support within monthly 600,000 won per person exceeding the limit to the extent of 12 months. The subsidy shall be paid 5 years after registering the company)

3. Education and Training Subsidy

  • In the event that the education and training may be performed to hire 20 or more domestic personnel, the subsidy shall be paid to the extent of monthly 600,000 won per person for education and training(The period of subsidy payment shall be within 12 months. When education and training may be performed for the additional employment within 3 years after initiation of business, the subsidy for the relevant personnel shall be paid by 5 years from the date of registration of company)

4. Facility Subsidy

  • When the factory facilities of 2 billion won or more are established or expanded(The subsidy shall be paid to the extent of 5% of the value of the facilities examined by the governor case by case within the budget)

5. Special Treatment Benefit for the Future Promising Industry

  • Special support will be granted for the future growth promising industry acknowledged by the governor as necessary if the investment amount is 1 billion won or more and the permanent employee is 10 or more(Determined by the governor after the review by the investment attraction council by case)

6. Foreginer's Living Environment Improvement Support

  • In case of building foreign school, within 25% of the total business expense (land purchase amount, and cost of equipments
  • In case of remodeling the public facilities to school facility, within 25% of the business expense
  • When it is necessary for the smooth operation of foreign school, support the operating cost for 3 years within the budget
  • When building the village exclusive for the foreigners, support within 25% of the land purchase amount
  • When purchasing the land or constructing the building to establish the service supporting facilities, support within 25% of the business expense
  • When purchasing the existing building for the service supporting facilities, support within 25% of the purchasing amount
  • When building the low price accommodation facilities for the employees of the foreign investment company, support within 25% of the construction cost

7. Consulting Cost Support

  • When the business, which the consulting was performed, may be determined, support to the extent of 50% of the contract amount confirmed objectively in the foreign investor or foreign investment company and reviewed and fixed by the governor by case

8. Special Support for Large Foreign Investment Company

  • Preferential support can be granted regardless of support limits if the investment amount of foreign investment company is more than $300 million or the permanent employment is more than 1,500 employees(The support size, the method to determine, etc shall be determined by the governor separately through the review of Council
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