- Investment Guide
- Investment Process
- Factory Establishment
- Establishment Procedures
Factory Establishment in Industrial Complexes
Factory Establishment at Individual Locations
Factory establishment at individual locations under the Act on Industrial Integration and Factory EstablishmentThere are many laws related to factory establishment at individual locations; therefore, it is important to thoroughly review all laws and regulations. An application will be reviewed and approved within twenty days of submission in accordance with the Factory Establishment Approval System of Korea. If an application is submitted to the offices of a local government that has jurisdiction over the candidate site, an approval will be given within fourteen days. If agenda processing is applied, the approval period will be shortened to within seven days.
- Apply for the location criteria confirmation (10 days)
- Approve factory establishment (14 days)
- Establish factory
- Send notification of factory establishment completion
- Field inspection by an official in charge
- Register factory (3 days)
Apply for the location criteria confirmationAn applicant may check the possibility of factory establishment on the site in advance. The result is reported within ten days of filing an application.
Approve factory establishmentAfter the factory establishment has been approved, land leveling, infrastructure installation, and construction are carried out.
Establish factoryIf the factory establishment completion is reported within two months following construction and installation of machinery and equipment, an official visits the site to check whether the factory is operating in accordance with the original application. If no issues are found, the factory can be registered within three days of the notification of factory establishment completion.
Factory Establishment at Individual Locations under the Support for Small- and Medium-sized Enterprises Establishment Act
Cost Reduction Program designed to help small-sized manufacturers cut business expenses
|Cost Allocation||Relevant Legislation|
|Allocated costs||Article 138 of「Local Autonomy Act」|
|Farmland preservation costs||Article 38(1)「Farm Land Act」|
|Grassland management costs||Article 23(6)「Grassland Act」|
|Allocation base||Article 35(2)-1「Clean Air Conservation Act」|
|Allocation base||Article 41(1)-1「Water Quality and Aquatic Ecosystem Conservation Act」|
|Allocated costs||Article 12(1)「Act on the Promotion of Saving and Recycling of Resources」|
|Allocated costs of waste management||Article 12(1)「Act on The Promotion of Saving and Recycling of Resources」|
|Allocated water bills||Article 19(1)「Act on The Improvement of Water Quality and Support for Residents of The Han River Basin」|
|Article 30(1)「Act on Water Management and Resident Support in the Geum River Basin」|
|Article 32(1)「Act on Water Management and Residents Support in the Nakdong River Basin」|
|Article 30(1)「Act on Water Management and Resident Support in the Yeongsan and Seomjin River Basins」|
|Costs of alternative forest management||Article 19(1)「Moutainous District Management Act」|