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Incentives
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Incentive and Support

DG-FEZ offers customized financial support for foreign-invested companies and developers. Financial support takes the form of tax exemptions, cash grants, reduced rent, and other subsidies.

Foreign invested companies and developers that meet the criteria set out in the Free Economy Law (Article 16 Clause 1), are eligible for the following tax exemptions.

Incentive
Subjects Tax items Exemption
period/rate
Requirements Applicable laws
Foreign invested company National tax Corporate income tax 5 years / 100%
2 years / 50%
  • Mfg: $30M >
  • Tourism : $20M >
  • Logistics : $10M >
  • R&D: $2M >
Tax Incentive Limitation Law (121-2)
3 years / 100%
2 years / 50%
  • Mfg: $10M >
  • Tourism : $10M >
  • Logistics : $5M >
  • Healthcare: $5M >
  • R&D: $1M >
Tax Incentive Limitation Law (121-2)
Tariff 3 years Import of capital goods Tax Incentive Limitation Law (121-3)
Regional Tax Acquisition & Registration Tax 15 years / 100%
  • Mfg: $10M >
  • Tourism : $10M >
  • Logistics : $5M >
  • Healthcare: $5M >
  • R&D: $1M >
Daegu Metropolitan City Tax Exemption Ordinance (27)
Gyeongbuk Province Tax Exemption Ordinance (28)
Property tax 15 years / 100%  
Developers National tax Corporate income tax 2 years /50%
  • $30M > FDI
  • 50% > Foreign investment
  • $500M total development cost
Tax Incentive Limitation Law Art. 121-2
Tariff 3 years Imports of capital goods Tax Incentive Limitation Law Art 121-3
Regional tax Acquisition > Registration tax 15 years/100%
  • $30M > FDI
  • 50% > Foreign investment
  • $500M total development cost
Daegu Metropolitan City Tax Exemption Ordinance (27)
Gyeongbuk Province Tax Exemption Ordinance (28)
Property tax 15 years/100%  

* Property tax varies by city

To learn more about these incentives or types of financial support (cash grants, reduced rent, human resource support) available, please contact DGFEZ staff.