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Investment Related Laws

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※ The Korean statutues in English provided by the KLRI(Korea Legislation Research Institute) have no legal binding or official validity as refence materials to enhance understanding of the Korean laws and regulations.

Fundamental Laws

  • Foreign Investment Promotion Act , the Enforcement Decree of the Act , the Enforcement Rules of the Act
  • Rules on Foreign Investment (Public Notice of the Ministry of Trade, Industry and Energy, July 6, 2018, formerly the Rules on Foreign Investment and Introduction of Technologies)
  • Consolidated Public Notice of Foreign Investment (Public Announcement of the Ministry of Trade, Industry and Energy)
  • Regulations Defining Tax Exemptions for Foreign Investment (Public Notice of the Ministry of Economy and Finance)
  • Restriction of Special Taxation Act (Chapter 5 Special Taxation for Foreigners’ Investment, etc.), the Enforcement Decree of the Act, the Enforcement Regulation of the Act

Other Laws

  • Foreign Exchange Transactions Act : Concerning foreign exchange and foreign transactions in relation to foreign investment
  • Act on Designation and Management of Free Trade Zones
  • Special Act on Designation and Management of Free Economic Zones
  • Financial Investment Services and Capital Markets Act

Laws Concerning Factory Establishment

  • Industrial Cluster Development and Factory Establishment Act
  • Support for Small and Medium Enterprise Establishment Act

Laws Concerning Land Use

  • Seoul Metropolitan Area Readjustment Planning Act
  • National Land Planning and Utilization Act
  • Industrial Sites and Development Act
  • Building Act
  • Private Road Act
  • Restitution of Development Gains Act

Special and Supportive Laws Concerning Factory Establishment

  • Act on Special Measures for the Promotion of Venture Businesses
  • Act on Special Cases Concerning Support for Technoparks
  • Framework Act on Small and Medium Enterprises
  • Small and Medium Enterprises Promotion Act

Laws Concerning the Environment

  • Clean Air Conservation Act
  • Water Quality and Aquatic Ecosystem Conservation Act
  • Noise and Vibration Control Act
  • Wastes Control Act
  • Environmental Impact Assessment Act
  • Chemical Substances Control Act
  • Act on Registration, Evaluation, etc. of Chemicals

Tax Support

  • Restriction of Special Taxation Act
  • Restriction of Special Local Taxation Act