Jeju's Investment Information

Jeju Investment


Information

    Eligible Businesses and Investment Amount
  • Manufacturing/high-tech industry (USD 30 million), tourism (USD 20 million)
    logistics (USD 10 million), high-tech industry research facilities (USD 2 million)
    Acquisition Tax
    and Income Tax(local tax)
  • 100% exemption for five years from the day of designation (acquisition),
    85% exemption for the next 10 years
    Tariff
  • 100% exemption for five years from the day of investment
    on capital goods is reported
    Designation
    Process
  • Application (investor) > Request for deliberation on the designation of a
    foreign investment zone (governor) > Foreign Investment Committee’s
    deliberation (Ministry of Trade, Industry and Energy) > Announcement of a
    designated foreign investment zone (governor)

Investment Incentive


    TOURISM-RELATED PROJECTS TOURISM-RELATED PROJECTS NON-TOURISM PROJECTS
  • more than USD 20 million in new investment
  • more than USD 5 million in new investment
    Eligible Businesses
  • 24 business sectors including tourism, education, medical, high-tech,
    cultural industries
    Corporate Tax and Income Tax (national tax) TENANTS DEVELOPERS
  • 100% exemption for three years, 50% for the following two years
  • 50% for three years, 25% for the following two years
    Tariff
  • 100% exemption on imported capital goods to be directly used in the said
    project within three years from the day of designation
    Acquisition Tax(Local Tax)
  • 85% exemption for five years from the day of designation (acquisition)
    Property Tax(Local Tax)
  • 85% exemption for 10 years from the day of designation (acquisition)
    National or Public Land
  • ease for 50 years with 75% exemption of rental fees
    Other Charges 100% EXEMPTION 50% EXEMPTION 15% EXEMPTION
  • occupation or utilization fee for publicly-owned area or water,
    development expenses
  • farmland development expenses, alternative green area development
    expenses, alternative forest resource development expenses
  • sewage utilization fees

Investment Locations

Investment Locations
    Site for Universities
    in Jeju Global
    Education City
  1. Project
    location
    H-18 block, Jeju Global
    Education City, Daejeong-eup,
    Seogwipo-si
  2. Area under
    development
    Site 117,578m²,
    total floor area 45,286m²
  3. Target
    business
    4-5 colleges
    (1,000 students)
    Former Tamna
    University Site
  1. Project
    location
    San 70, Hawon-dong,
    Seogwipo-si
  2. Area under
    development
    2 lots, 312,217m²
    (school area 304,283m²,
    forest land 7,934m²,
    10 buildings)
  3. Target
    business
    Specialized foreign universities
    Jeju Science Park
    2nd Complex
  1. Project
    location
    Wolpyeong-dong,
    Jeju-si
  2. Project
    duration
    2016~2022
  3. Area under
    development
    848,163m²
    (Industrial facility site 46.5%)
  4. Target
    business
    IT,BT,ET and R&D
    Healthcare
    Town
  1. Project
    location
    Donghong-dong
    and Topyeong-dong, Seogwipo-si
  2. Project
    duration
    2008~2021
  3. Area under
    development
    1,539,013m²
  4. Target
    business
    Medical service, development and
    operation of medical
    institutions + senior towns,
    healthcare business

Business


information

Regional GDP (GRDP) GRDP per person Economic growth Employment rate Youth employment rate Industrial structure Primary Industry Imports Tourists Foreign Direct Investment Trend Cumulative Foreign Direct Investment Foreign direct investment since the launch of Jeju Special Self-Governing Province (2006) Foreign direct investment ranking Foreign investment company Foreign investment zone Jeju Investment Promotion Zone Domestic company transfer