1. www.cbfez.go.kr
ValuesofGlobalInvestment
Eco-Polis
Chungbuk Free Economic Zone
Incentives for Foreign Investment Company
SpecialTaxation
Classification Target Benefit Investment (Implementation) Condition
Ofbusinessesmanagedbyforeigninvestmentcompaniesresiding
inthefreeeconomiczone,businesseswhichpassthedeliberation
anddecisionoftheFreeEconomicZoneCommittee
Businesses managed by foreign investment companies residing
inthefreeeconomiczone
Development businesses which comprehensively accomplish
planning, finance, designing, construction, marketing, lease, and
distributiontodevelopthefreeeconomiczone
Businesses managed by foreign investment companies residing
in the free economic zone and businesses managed by foreign
investment companies which are included in the development
businessoperator
ForeignInvestmentCompany
ㆍ$30MillionorMore(ManufacturingBusiness,etc.)
ㆍ$20MillionorMore(TouristBusiness,etc.)
ㆍ$10MillionorMore(DistributionBusiness,etc.)
ㆍ$2MillionorMore(ResearchFacilitywith10Employees)
Exemption for the first 5 years and 50%
reductionforthenext2years
Exemption for the first 3 years and 50%
reductionforthenext2years
Exemption for the first 3 years and 50%
reductionforthenext2years
Exemption for Customs Duty, Individual
Consumption Tax and VAT (5 Years,
100%)
ExemptionforCustomsDuty
(5Years,100%)
Exemptionfor15Years
ㆍ$1MillionorMore(Manufacturing,TouristBusinessetc.)
ㆍ$0.5MillionorMore(MedicalFacility,DistributionBusiness,etc.)
ㆍ$1MillionorMore(ResearchFacilitywith10Employees)
ㆍ$10MillionorMore(ServiceBusinesses)
ㆍOver$30Millionor
Over500milliondollarsofthetotaldevelopmentbusiness
costandwith50%offoreigninvestmentratio
Exemption for the first 6 years and 50%
reductionforthenext4years
Exemptionforthefirst10yearsand50%
reductionforthenext5years
ㆍ$30MillionorMore(ManufacturingBusiness,etc.)
ㆍ$20MillionorMore(TouristBusiness,etc.)
ㆍ$10MillionorMore(DistributionBusiness,etc.)
ㆍ$2MillionorMore(ResearchFacilitywith10Employees)
Conditions above + Consideration/Decision by Free Economic
ZoneCommittee
ㆍ$10MillionorMore(ManufacturingandTouristBusiness,etc.)
ㆍ$5MillionorMore(DistributionBusiness,etc.)
ㆍ$1MillionorMore(ResearchFacilitywith10Employees)
ㆍ$10MillionorMore(ServiceBusiness)
ㆍOver30%ofForeignInvestmentRateortheLargestStockholder
ㆍSupportforDifferencebetweenRegularParcelPriceandParcelPriceonParceling-outContract
ㆍThebusinessonthebusinessplanshouldbemanagedfor10yearsormore.
ㆍOver30%ofForeignInvestmentRate
ㆍOverlappedsubsidysupportsarenotallowed(LandSupport,EducationandTrainingSubsidy,andEmploymentSubsidy)
ㆍOver30%ofForeignInvestmentRateortheLargestStockholder
ㆍIncaseofNewEmploymentwith20orMoreProvinceResidentsandImplementationofEducationandTraining
(Theemploymentsubsidyisavailableonlyifthenumberofnewregularemployeesis20ormore.)
ㆍOver3YearsofMaintenanceofEmployment
ㆍEnterpriseswhichpromotebusinessesappliedbytheregulationof
freeeconomiczoneexcludingmanufacturingbusiness
ㆍAsapartofpuremanufacturingbusiness,itsbranchdirectlymoves
inthefreeeconomiczoneorcollaborateswithdomesticenterprise
National
Tax
Corporate
Tax,
Income
Tax
Local
Tax
Property
Tax
Customs
Duty
AcquisitionTax
FundSupport
EducationandTraining
SubsidySupport
EmploymentSubsidy
CashSupport
ㆍEstablishmentCostforFactoriesandResearchFacilities
ㆍSubsidySupportforEmploymentandEducation-Training
LandSupport
OtherIncentives
ㆍResidentForeign-InvestedEnterprise
ㆍResidentForeign-InvestedEnterprise
ㆍResidentForeign-InvestedEnterprise&Foreigners
ㆍDevelopmentBusinessOperator& ResidentForeign-InvestedEnterprise
ㆍReductionofNationalandPublicPropertyRentalFee(within100%ofreductionrate;publicpropertyisdecidedbyordinance)
ㆍUseofPrivateContract,ProfitSanction,Loan,andSaleofNationalandPublicProperty
ㆍDutyemploymentsareexcluded:MenofNationalMerit,PatriotsandVeteranIndemnificationRecipients,theHandicapped,andtheElderly
ㆍPossibleforUnpaidLeave
ㆍExpansionofDispatchofWorker&ExtensionofLengthofDispatchService
ㆍMaximum50YearsforLeasePeriodforNationalandPublicProperty,EstablishmentofPermanentFacility
ㆍIssue,Receipt,andProcessofOfficialDocumentinForeignLanguages
ㆍIncaseofordinarytransactionswith10,000dollarsorless,therewardisdirectedgivenbetweentheparties
toatractionasthemeansofforeignpayment.
ㆍFoundationandOperationofForeignEducationalInstitution
ㆍEstablishmentofForeignMedicalInstitutionorPharmacyforForeigners/PossibleforSubsidiaryBusiness
relatedtoMedicalInstitution
ㆍApprovalforCasinoBusinessforForeigners
ㆍRetransmissionofForeignBroadcasting
ㆍProvisionofConstructionSiteforRentalHousingforForeigners
ㆍApplicationforExceptionofForeignVisaIssuanceandLengthofStay
ㆍPreferentialSupportfortheEstablishmentofInfrastructures
(50%ofGovernmentExpenditure;Allexpensesupportedifthecommitteeconsidersanddecides)
LandSupport
PreferentialSupportforInfrastructures
OtherLaw
ApplicationExcluded
Improvementof
Foreigners’Living
Conditions
The First Global Business!
Chungju Eco-Polis is with YOU!
ChungbukFreeEconomicZoneAuthority
10,Aehyang-ro,Chungju-si,Chungcheongbuk-do380-960[Bongbang-dong,HyundaiBuilding5thFloor]
InquiriesaboutDevelopment. +82-43-220-8621 to 3,
InquiriesaboutInvestmentAttraction. +82-43-220-8631 to 3 & Fax +82-43-220-8619
Classification Benefit Investment (Implementation) Condition
Classification Benefit Investment (Implementation) Condition
ㆍPurchasethelandandleaseitbythegovernor.
ㆍSubsidizingdifferenceofparcelpricefortheprovisionofestablishmentcost
(50%outoftheregularparcelpricecannotbeexceeded.)
ㆍwithinJune,pereachpersoninexcessofthemaximum,lessthan500,000
wonpermonth
(upto5years/withinonebillionwonperenterprise)
에코폴리스 최종[영문]_레이아웃 1 14. 8. 29. 오후 5:41 페이지 1

2. InfiniteDevelopmentPotential!
Eco-Polis, a City of Opportunities
CenterforAutomobileApplicationComponent,
NewRegenerationEnergy,andDistribution
•Adjacent to World-Class Automobile Component Enterprises:
Hyundai Mobis (Chungju) and Hyundai Heavy Industries (Eumseong)
※ Establishment of Automobile Part Industry Belt including Jincheon Automobile
Fuel Efficiency Center and Jecheon Automobile Cluster Complex
•Synergy from accumulation of Semiconductor Industry and Photovoltaic Industry
(62 Enterprises in Chungbuk)
TrafficNetworkwithAirport,Expressway,andRailroad
•Possible for Relocation to Countries in Asia including China and
Japan within 2 to 3 Hours (Adjacent to Cheongju International Airport)
•Establishment of Expressway Network and Railroad Network
※ Incheon International Airport within One Hour in the Metropolitan Area and
Two Hours in Nation
CenterforAutomobileApplicationComponent,NewRegenerationEnergy,andDistribution
Eco-Polis
ResidentialLand
CommercialLand
IndustrialLand
Park
GreenBelt
SupportFacility
IndustrialLand
CommercialLand
Area(1,000m2):16
ComponentRatio:0.7%
ResidentialLand
Area(1,000m2):139
ComponentRatio:6.3%
PublicLand
Area(1,000m2):823
ComponentRatio:37.5%
IndustrialLand
Area(1,000m2):1,219
ComponentRatio:55.5%
• CreationofSynergyEffectwithChungjuCorporateCityandHigh-tech
IndustrialComplex
•IntegratedTrafficNetworkwithExpressway,Route,Railroad
•Provision of Outstanding Infrastructures and Optimal Management
Environment
Inexpensive Parcel Price with 500,000 won and
Abundant Industrial Infrastructures
•Successful Establishment of Neighboring Industrial Complexes with
Inexpensive Parcel Price and Chungju Corporate City
•Development of City with 300,000 in Population and Multiple Functions
such as Industry, Research, University, Medical Treatment, Culture, and
Others by 2020
•Hydroelectric Power Generation (844 Million KW), Chungju Dam Wide
Waterworks (250,000 tons/day)
Cultural Tourist Attraction with 10 Country Clubs,
3 Hot-Spring Resorts, National Park, and Lake
•10 Famous Country Clubs including Imperial Lake, Daeyeong Base, and Kingsdale
•Abundant Healing Tourism Resources with Three Hot Springs:
Suanbo (Alkalescence), Yangseong (Carbonic Acid), Mungang (Sulfur)
•Recreation and Water Leisure Tourism Resources with Woraksan Mt., Sobaeksan
Mt., Chungjuho Lake, and Namhangang River
에코폴리스 최종[영문]_레이아웃 1 14. 8. 29. 오후 5:41 페이지 4