R&D Incentives
The Korean government provides incentives for global headquarters and R&D centers to attract high value added foreign investment. Other incentives include taxation, human resources, financial and technology support.
Incentives for the headquarters of global companies in Korea
Classification | Description |
---|---|
Income tax reduction |
|
National tax and other tax procedure support |
|
Simplification of taxation documents |
|
Convenient immigration service |
|
Eligibility |
|
Incentives for the R&D centers of global companies in Korea
Classification | Description |
---|---|
Income tax reduction |
|
Site support |
|
Simplification of taxation documents |
|
Eligibility |
|
R&D support system
Tax support
-
Tax deduction for research
and HR development cost
(new growth engines and
source technology sectors) -
Local tax exemption for real
estate for subsidiary
corporate research centers -
Customs reduction for
industrial technology R&D
products -
Income tax reduction for
foreign technology experts -
Corporate tax reduction for
cutting-edge technology
companies working in special
R&D zones
Human resources support
-
Special research expert
system - Brain pool project
-
Science card system for
foreign scientists and
technology experts -
Gold card system for foreign
researchers with excellent
technological expertise - Contact Korea system
Certification support
-
Notification and certification
system for subsidiary
corporate research centers/
R&D departments -
New Excellent Technology
(NET) certification system -
New Excellent Product (NEP)
certification system - Green Certification system
-
Korea Good Recycled
Product (GR) certification - IR52 Jang Young-shil Award
-
This Month’s Engineer
Award -
Korea Creative Economy
Awards - Korea Technology Awards
-
Awards for the Win-Win
Growth of Large Enterprises
and SMEs
Financial support
- R&D guarantee
Technology support
-
Industry-academia-research
center cluster support
project -
Technology acquisition
strategy support project
based on intellectual
property rights
Category | Project | Overview |
---|---|---|
Tax support |
Tax deduction for research and HR development cost (new growth engines and source technology sectors) |
|
Local tax exemption for real estate for subsidiary corporate research centers |
|
|
Customs reduction for industrial technology R&D products |
|
|
Income tax reduction for foreign technology experts |
|
|
Corporate tax reduction for cutting-edge technology companies working in special R&D zones |
|
|
Financial support | Financial support |
|
Human resources support |
Special research expert system |
|
Brain pool project |
|
|
Science card system for foreign scientists and technology experts |
|
|
Gold card system for foreign researchers with excellent technological expertise |
|
|
Contact Korea system |
|
|
Technology support | Industry-academia-research center cluster support project |
|
Technology acquisition strategy support project based on intellectual property rights |
|
|
Certification support | Certification support |
|
New Excellent Technology (NET) certification system |
|
|
New Excellent Product (NEP) certification system |
|
|
Green Certification system |
|
|
Korea Good Recycled Product (GR) certification |
|
|
IR52 Jang Young-shil Award |
|
|
This Month’s Engineer Award |
|
|
Korea Creative Economy Awards |
|
|
Korea Technology Awards |
|
|
Awards for the Win-Win Growth of Large Enterprises and SMEs |
|
R&D support procedure

*Source: Korean Ministry of Science, ICT and Future Planning
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