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Gyeonggi Province-Industrial Complexes open to Foreign Companies
Eoyeon-Hansan Complex for Lease
Location Cheongbuk-myeon, Pyeongtaek City, Gyeonggi Province
Area 324,392§³
Term of Lease 20 years (renewable)
Monthly Rental 87won/§³
Incentive Tax reduction or exemption for high-tech business
National Tax: Exemption from corporate and income taxes for seven years and 50% for the following three years
Regional Tax:
- Exemption from acquisition & registration tax.
- Exemption from composite land tax and property taxes for 15 years.
Exemption from traffic, special consumption tax & surtax for imported capital goods for three years after a report of investment.
Operating Companies A total of 26 companies, including world-class firm such as Info disc, operate here. Other companies, including Liquidmetal Korea and BorgWar-ner Mosstech Korea, started operation in the first half of 2002.
Chupal Industrial Complex
Location Paengseong-eup, Pyeongtaek City, Gyeonggi Province
Area 88,976§³(26,915pyeong)
Term of Lease Up to 5 years
Monthly Rental 75won/§³
Incentive Tax reduction or exemption for high-tech business
National Tax: Exemption from corporate and income taxes for seven years and 50% for the following three years
Regional Tax:
- Exemption from acquisition & registration tax.
- Exemption from composite land tax and property taxes for 15 years.
Exemption from traffic, special consumption tax & surtax for imported capital goods for three years after a report of investment.
Operating Companies Six companies, including Insan Chemical
Poseung(Ansan) Natioanl Industrial Complex
Location Poseung-myeon, Pyeongtaek City, Gyeonggi Province
Area 262,235§³(79,325pyeong)
Term of Lease 20 years (renewable)
Monthly Rental 64won/§³
Incentive Tax reduction or exemption for high-tech business
National Tax: Exemption from corporate and income taxes for seven years and 50% for the following three years
Regional Tax:
- Exemption from composite land tax and property taxes for 15 years.
Traffics, special consumption tax & surtax are exempted for imported capital goods for three years after a report of investment.
Operating Companies Operation is possible beginning Feb.2003
Hyeongok Regional Industrial Complex
Location Cheongbuk-myeon, Pyeongtaek City, Gyeonggi Province
Area 521,400§³(158,000pyeong)
Term of Lease 20 years (renewable)
Monthly Rental 129won/§³
Incentive Tax reduction or exemption for high-tech business
National Tax: Exemption from corporate and income taxes for seven years and 50% for the following three years
Regional Tax:
- Exemption from acquisition & registration tax.
- Exemption from composite land tax and property taxes for 15 years.
Traffics, special consumption tax & surtax are exempted for imported capital goods for three years after a report of investment.
Operating Companies Operation is possible beginning the second half of 2004
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