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System of support for investors

  • Tax incentives for income tax, corporate tax and local taxes
  • Financial support, such as Government subsidy, credit guarantee, equity participation and preferential treatment in interest rate management
  • Site-related support, such as SEZ

Support for foreigner investors

Provision of financial support, such as tax benefits and other incentives, support related to relevant infrastructure and administrative services, for those in areas specially designated under the Foreign Investment Promotion Act

Support for Korean investors

  • Support provided under the Tourism Promotion Act and the Law Pertaining to Balanced Regional Development and Development of Local SMEs
  • There are two types of reports: the land acquisition report and the report on the continued holding of land. Submittal documents for the former differ, depending on how the land is acquired (i.e. acquisition through contract, or acquisition through inheritance, auction, the exercise of redemption rights, and the court’s ruling).
  • In a case that requires pre-approval, the procedure should be followed prior to the transaction contract.
  • Land acquisition for profit requires an FDI report, in addition to the land acquisition report. A non-resident alien purchasing land should also submit the real estate acquisition report under the Foreign Exchange Transactions Act.



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