| Subsidies for Employment |
When employing more than 20 Ulsan residents that have lived in Ulsan city for more than six months within five years after registration as a foreign-invested company |
KRW 500,000 per extra employee every month for up to six months |
| Subsidies for Employee Training |
When training more than 20 new workers within five years after registration as a foreigninvested company |
KRW 500,000 per employee every month for up to six months limited to KRW 200 million per company |
| Subsidies for Facility Construction and Expansion |
When businesses with high technology or industry support services invest more than KRW 3 billion in facility construction or expansion |
Up to 2 percent of the amount spent over KRW 3 billion with a maximum limit of KRW 200 million per company (within assigned budgets) |