Cash Grants
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Incentives
Category | Complex-Type Foreign Investment Zone | Individual-Type Foreign Investment Zone | Service-Type Foreign Investment Zone | |
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Reduction or Exemption of Rent | Rent:: 1% of the value of the leased site (Existing rent: 5% of the value of the leased site) |
100% of the rent to be exempted |
50% or less of base rent can be granted
※ Business project should be implemented within 3 years of the signing of the contract
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Tax Reduction or Exemption | Acquisition Tax / Property Tax |
100% of the tax will be exempted for 15 years(the rate may vary depending on foreign investment ratio) | ||
Reduction or Exemption of Customs Duties | 100% of the duties will be exempted for 5 years from the day of reporting capital goods investment | |||
Reduction or Exemption of Corporate Tax |
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Funding from Daejeon Metropolitan City Government | Facilities Grant |
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Employment Grant from Daejeon Metropolitan City Government |
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Training Grant from Daejeon Metropolitan City Government |
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Cash Grants
Category | Content |
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Beneficiaries |
FDI with foreign investment ratio of 30% or more, with the following cases
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Ceiling |
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Usage |
Foreign-invested companies must use cash grants for the following purposes only
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