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Ordinance on Promotion of Investment and Enterprises

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Ulsan Metropolitan City Ordinance on Promotion of Investment and Enterprises
(Enforced) September 30, 2017
(Enacted) June 10, 2004 Ordinance No. 688
(Partially amended) May 18, 2006, Ordinance No. 802
(Partially amended) October 12, 2006 Ordinance No. 828 (「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」)
(Partially amended) May 8, 2008 Ordinance No. 978
(Partially amended) June 30, 2008 Ordinance No. 986 (Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City)
(Partially amended) August 10, 2009 Ordinance No. 1072
(Partially amended) December 31, 2010 Ordinance No. 1177 (「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」)
(Partially amended) December 31, 2010 Ordinance No. 1182 (「Ordinance on Tax Reduction」)
(Partially amended) Jul7 7, 2011 Ordinance No. 1221
(Partially amended) July 25, 2011 Ordinance No. 1227 (「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」)
(Partially amended) November 12, 2013 Ordinance No. 1395 Ordinance Amendment Incorporating Revision to Ulsan Metropolitan City Government Organization Act, etc.
(Partially amended) August 7, 2014 Ordinance No. 1457 「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」
(Partially amended) December 31, 2014 Ordinance No. 1484 「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」
(Partially amended) December 31, 2015 Ordinance No. 1579 (「Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」)
(Partially amended) September 29, 2016 Ordinance No. 1641 「Partial Amendment to Ordinance Concerning Establishment and Operation of Ulsan's Enterprise Support Facilities to Make Ordinance Understandable」
(Partially amended) December 29, 2016 Ordinance No. 1663 「Partial Amendment to Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」
(Partially amended) September 28, 2017 Ordinance No. 2017 「Partial Amendment to Ordinance Concerning the Establishment of Administrative Organization for Ulsan Metropolitan City」

Chapter 1 General Provision

Article 1 (Purpose) The purpose of this Ordinance is to stipulate matters concerned about effective investment attraction of foreign and domestic companies and capital and support in order to improve Ulsan Metropolitan City’s (hereinafter called "City") regional industrial structure and revitalize economy (amended on November 12, 2013 and September 29, 2016).
Article 2 (Definition) (amended on September 29, 2016)
The terms used in this Ordinance shall be defined as follows: (amended on May 8, 2008 and August 10, 2009 and September 29, 2016)
  1. 1. "Foreigner" shall mean such person, corporation, and institution as stipulated in Article 2.1.1 of the Foreign Investment Promotion Act (herein after called "Act").
  2. 2. "Foreign Investment" shall mean such investment as stipulated in Article 2.1.4 of the Act.
  3. 3. "Foreign Investor(s)" shall mean as prescribed in Article 2.1.5 of the Act.
  4. 4. "Foreign Invested Enterprise(s)" shall mean the enterprise(s) in which foreign investor(s) have invested capital as stipulated in Article 2.1.6 of the Act.
  5. 5. "Operator of Facilities for Foreign Investment Environment Development" shall be the definition as prescribed in Article 2.1.7 of the Act.
  6. 6. "Foreign Investment Zone" shall mean such zone as prescribed in Article 18 of the Act.
  7. 7. "Civil Affairs Administration" shall refer to matters stipulated in Article 17 of the Act.

Chapter 2 Support for Investment Promotion

Article3 (Establishment of Investment Committee) (amended on September 29, 2016)
  1. ① Ulsan Metropolitan City Investment Committee (hereinafter called "Committee") shall be established for the efficient and systematic investment promotion (amended on September 29, 2016).
  2. ② The council shall be composed of members, not to exceed a total of twenty (20), where the Deputy Mayor for Public Affairs shall be the chairman and the vice chairman shall be elected by the committee among its members. (amended on October 12, 2006, May 8, 2008, December 31, 2010, September 29, 2016)
  3. ③ Other members of the Council shall be appointed or commissioned by the mayor of Ulsan Metropolitan City (herein after called "Mayor"). (amended on May 18, 2006, May 8, 2008, June 30, 2008, August 10, 2009, July 25, 2011, November 12, 2013, August 7, 2015, December 31, 2014, December 31, 2015, September 29, 2016, September 29, 2016, September 28, 2017)
    1. 1. A member of the City Council
    2. 2. Lawyers, CPAs and professors from fields relevant to the investment promotion
    3. 3. Officers of organization and association relevant to the investment promotion
    4. 4. The head officer of planning and coordination office, the chief of the innovative economy department, the head of emplyment and economy, the head of culture, tourism, and sports, the head of transportation and construction, and the head of urban creation bureaus shall be civil servant members of the committe.
    5. 5. Persons the Mayor deems necessary
  4. ④ The term of office of the appointed members shall be two (2) years, but the term of office of civil servant members shall be during their term of office of their office (amended on September 29, 2016).
  5. ⑤ The Committee shall have an executive secretary, and the executive secretary shall be the head in charge of the department. (amended on May 8, 2008, September 29, 2016)
  6. ⑥ In order to support the committees’ activities efficiently, if necessary, a Practical Committee shall be organized and operated (amended on September 29, 2016).
Article 4 (Function of Committee) (amended on September 29, 2016)
The Committee shall be willing to deliberate and advise the matters described in the following: (amended on May 18, 2006, May 8, 2008, August 10, 2009, November 12, 2013, and September 29, 2016)
  1. 1. Major policies and comprehensive plans relating to investment promotion
  2. 2. Support the Plan of Promotion, Publicity for Domestic and Foreign Investment promotion
  3. 3. Support and designation of domestic enterprise investment promotion district
  4. 4. Handling and consulting difficulties from foreign investor(s) or foreign invested enterprise(s)
  5. 5. Consulting matters about civil affairs administration under the Article 17 of the Act
  6. 6. Consulting any other matters the Mayor presents for consideration
Article 5 (Meeting) (amended on September 29, 2016)
  1. ① Meetings of the Committee shall be convened by Chairman whenever he deems necessary. (amended on May 18, 2006 and September 29, 2016)
  2. ② A quorum for a meeting of the Committee shall be the presence of the majority of all members then in office and all resolutions shall be adopted by the affirmative vote of the majority of the members present (amended on September 29, 2016).
Article 6 (Allowance) (amended on September 29, 2016)
For the Committee members’ activities, a daily stipend and travel expenses may be paid within the budget limitation in accordance with "Ulsan Metropolitan Ordinance on Allowance and Travel Expense Payment for all kinds of committees." (amended on November 12, 2013 and September 29, 2016)
Article 7 (Establishment and Operation of Investment Support Team) (amended on May 18, 2006 and September 29, 2016)
The Mayor may create comprehensive plan for investment promotion and establish and operate investment support team in order to revitalize regional economy. (amended on May 18, 2006)
Article 8 Deleted on May 18, 2006

Chapter 3 Support for Foreign Invested Enterprise (amended on September 29, 2016)

Article 9 (Exception of Civil Affair Administration Relating to Foreign Investment)(amended on September 29, 2016)
Civil affair administrations for foreign investment promotion priority shall be given.
Article 10 (Local Tax Exemption)(amended on September 29, 2016)
Foreign invested enterprises shall be entitled to reduction of or exemption from acquisition tax, subject to as described in Article 9 of the Act and the Ordinance on Tax Reduction and Exemption of Ulsan Metropolitan City. (amended on December 31, 2010, September 29, 2016)
Article 11 (Financial Aid)(amended on September 29, 2016)
Foreign invested enterprise(s) may receive financial aid on an equality with domestic enterprise(s) under the provision of Article 3.2 of the Act or "Ulsan Metropolitan City Ordinance on Small and Medium Enterprise Nurturing Fund (amended on September 29, 2016)."
Article 12 (Industrial Site Subsidy, etc.)(amended on September 29, 2016)
  1. ① In order to promote foreign invested enterprises, the Mayor may purchase, within budget limitation, in part or the whole of specific industrial complex desired by foreign investor(s) and lease the same to foreign-invested enterprise (amended on September 29, 2016).
  2. ② The Mayor may support in part of land purchase price, within budget limitation, when a foreign invested enterprise moves in the Foreign Investment Zone under the provision of Article 14.1 of the Act. (amended on May 8, 2008, September 29, 2016))
  3. ③ The Mayor may provide foreign-invested enterprises with public properties in national industrial complexes, general industrial complexes and agro-industrial complexes at cheaper prices in a bid to facilitate foreign investment. (amended on August 10, 2009, September 29, 2016)
  4. ④ The Mayor may support difference of rentals and purchase price, within budget limitations, in accordance with Article 14 of the Act and Act on Industrial Site and Development, when a foreign invested enterprise purchases a site owned and developed by s private enterprise at the rate of under the construction prime cost. (amended on May 8, 2008, September 29, 2016)
Article 13 (Employment Subsidy)(amended on September 29, 2016)
The Mayor may pay, within budget limitations, subsidies in order to promote new employment to foreign invested enterprises under the provision of Article 14.4 of the Act. (amended on May 8, 2008, September 29, 2016)
Article 14 (Education and Training Subsidy) (amended on September 29, 2016)
The Mayor may pay education and training subsidies to foreign invested enterprises that have Korean nationals, more than number of workers set by the Mayor, educated and trained for the purpose of employment (amended on September 29, 2016).
Article 15 (Facility Subsidy)(amended on September 29, 2016)
The Mayor may pay facility subsidies, within the budget limitation, when a foreign invested enterprises which invests in industry supporting service business or business with advanced technology tries to newly establish or expand factory facilities (amended on September 29, 2016).
Article 15.2 (Cash Grant for Foreign Investment)(amended on September 29, 2016)
When cash support is paid for foreign investment under the provision of Article 14.2 of the Act, subsidies under the provision of Article 12 and 15 of the Act shall not be paid in overlap. (amended on May 8, 2008) (newly established on May 18, 2006)
Article 16 (Support for Foreigners' Living Conditions Improvement Project) (amended on September 29, 2016)
  1. ① The Mayor, within budget limitations, may support part of the project cost for the one of the following categories when the projects are made for foreigners’ living condition improvement. (amended on May 8, 2008, September 29, 2016)
    1. 1. Establishment of International School (including residential facility for foreign teachers)
    2. 2. Construction business of Foreigner Residential Complex
    3. 3. Establishment of service facilities, such as medical facility and day-care center needed for Foreigner Residential Complex
  2. ② In case of the public properties being provided in accordance with subsection ①, the annual rental fees and charging rate shall be decided based on the provision of "Ulsan Metropolitan City Ordinance on Management of Public Asset." (amended on August 10, 2009)
Article 17 (Lease and Selling of Public Properties) (amended on September 29, 2016)
  1. ① The payment methods for the purchased land by foreign invested enterprise or operator of foreigners’ living condition improvement project under the provision of Article 13.6 of the Act and Article 19.5 of the Enforcement Regulation of the same Act shall be the subject to the provision of "Ulsan Metropolitan City Ordinance on Public Asset Management." (amended on May 8, 2008, August 10, 2009, and September 29, 2016)
  2. ② When land is leased by foreign invested enterprise(s) in accordance with Article 13.9 of the Act and Article 19.12 of the Enforcement Regulation of the same Act, reduction and exemption rate for lending cost shall be subject to the provision of "Ulsan Metropolitan City Ordinance on Public Asset Management ." (amended on May 8, 2008, August 10, 2009, and September 29, 2016)
Article 18 (Support Scope of Foreign Investment)(amended on September 29, 2016)
  1. ① The subject to the foreign investment supported under the provision of Article 12 or 15 shall be the same as described in the following subparagraphs. (amended on May 8, 2008, August 10, 2009 and July 7, 2011, and September 29, 2016)
    1. 1. Any foreign investment in accordance with Article 25.1.1 of the Enforcement Regulation
    2. 2. Any foreign investment that invests in industrial supporting service business and business with advanced technology under the provision of Article 116.2.1 of the Special Tax Treatment Control Law
    3. 3. Other foreign investment that the Mayor deems necessary for local economy growth and regional characterization projects
  2. ② In the case of the foreign investment being supported by the provisions of subsection ①, the ratio of foreign investment or total stocks of the pertinent company shall be more than 30/100, or a foreign national must be the largest stockholder of the concerned enterprise. (amended on May 8, 2008, September 29, 2016)
  3. ③ If the stocks that have voting right of foreign corporation or foreign enterprises are possessed by a native or domestic corporation, the rate of the stocks shall not be included in the ratio of foreign investment in subsection ② (amended on September 29, 2016).
  4. ③ If the stocks that have voting right of foreign corporation or foreign enterprises are possessed by a native or domestic corporation, the rate of the stocks shall not be included in the ratio of foreign investment in subsection ② (amended on September 29, 2016).
  5. ④ The total sum of support made to a foreign invested company shall not exceed the amount of investment made by the foreign invested company. (amended on May 8, 2008 and September 29, 2016)
  6. ⑤ Various support measures including subsidies shall be provided following the completion of the foreign investment confirmation including the contract of sale or lease. (amended on May 8, 2008 and September 29, 2016)

Chapter 4 Support for Domestic Enterprise (amended on September 29, 2016)

Article 19 (Designation of Domestic Enterprise Investment Promotion District, etc.)(amended on September 29, 2016)
The Mayor, in order to promote factories located outside of Ulsan Metropolitan City (hereinafter called "different parts of the country" and starting businesses, may designate one of the following areas as Domestic Enterprises Investment Promotion District through deliberation of Committee. (amended on May 8, 2008, August 10, 2009 and September 29, 2016)
  1. 1. National industrial complex or local industrial complex established in accordance with Act on Industrial Site and Development
  2. 2. Any area that the Mayor deems necessary for balanced regional development
Article 20 (Movement Subsidy)(amended on September 29, 2016
  1. ① If a factory located different parts of the country moves to Domestic Enterprise Investment Promotion District under the provision of Article 19, subsidies for movement may be paid within budget limitations. (amended on May 8, 2008 and September 29, 2016)
  2. ② Subsidies for movement may be paid, within budget limitations, when an enterprise moves its main office to Ulsan.(amended on September 29, 2016)
Article 21 (Application of Foreign Invested Enterprises Support) (amended on May 18, 2006 and September 29, 2016)
The Mayor may support under the provision of Article 12 to 15 for the domestic enterprise(s) which move to Domestic Enterprises Investment Promotion District. (amended on May 18, 2006, May 8, 2008 and September 29, 2016)
Article 21.2 (Exception for the Enterprises Relocating from Metropolitan Area)
When enterprise(s) located in metropolitan area relocate to Ulsan, or build or increase presense in Ulsan, in accordance with Article 11 and 19 of “Special Act on Balanced National Development”, if they are subject to National Financial Fund Support Standard for the Local Government’s Enterprises Promotion, notified by the Ministry of Trade, Industry and Energy, supports may be provided within the budget limitation. (wholly amended on July 7, 2011) (amended on November 12, 2013, September 29, 2016, and September 29, 2016) (Title amended on November 12, 2013)
Article 21.3
Deleted on July 7, 2011

Chapter 5 Special Supports

Article 22 (Special Support to Enterprise Making a Large-Scale Investment)(amended on September 29, 2016)
The Mayor may provide special supports to the domestic and foreign large scaled invested enterprises (enterprises in the City included) if they significantly contribute to the regional economy. (amended on May 18, 2006, November 12, 2013 and September 29, 2016)

Chapter 6 Supplementary Provisions

Article 23 (Experts Dispatched from Private Organizations)(amended on September 29, 2016)
  1. ① In order to expedite investment inducement activities in an efficient manner, the Mayor may request the dispatch of experts from private organizations or any other institutions and firms related to investment inducement. (amended on September 29, 2016)
  2. ② The Mayor shall provide supports for employees including use of properties (including accommodations) owned by the City and pay expenses within the budget limitation to support their investment attraction activities. (amended on September 29, 2016)
Article 24 (Rewards)(amended on September 29, 2016)
The Mayor may pay rewards within budget limitations to anyone who has made a significant contribution to attracting domestic and foreign investment or inducing relocation of enterprise(s).(amended on September 29, 2016)
Article 25 (Cancellation of Support and Return)(amended on September 29, 2016)
  1. ① In any of the following events, the Mayor may cancel the support including various subsidies granted under this Ordinance and request the concerned foreign-invested enterprise to submit relevant data and information. (amended on May 8, 2008, May 8, 2008 and September 29, 2016)
    1. 1. The supported enterprises enter into the suspension or cessation of factory operation without any reasonable cause after its start up or during the period from the date of business commencement as set out in the regulations.
    2. 2. It is recognized that the enterprise has applied for financial support under false pretenses or another unfair manner.
    3. 3. In the case of stoppage or reduction of the project concerned that has been the subject of supports and subsidies.
    4. 4. In the case of not having started construction of the factory and other related facilities within two years after completion of the sale and lease contract.
    5. 5. In the case of not having operated the factory without any reasonable causes within two years after the completion of the factory.
    6. 6. It is judged that the progress of constructions for the factory and for its related facilities has significantly lagged behind the expected schedule and there is no further possibility of having it completed.
    7. 7. It is recognized that it is impossible to fulfill the obligation imposed upon it for the purpose of provided subsidies.
  2. ② The Mayor may have the subsidies, which must be refunded in accordance with the subparagraph ①, withdrawn by force following to the practice of the local tax collection. (amended on May 8, 2008 and September 29, 2016)
Article 26 (Enforcement of Regulations)(amended on September 29, 2016)
Any particulars necessary in relation to execution of this Ordinance shall be stipulated in the Enforcement Regulations.(amended on September 29, 2016)

Addendum

  1. ① (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
  2. ② (Abolition of other ordinances) 「Ulsan Metropolitan City Ordinance on Foreign Investment Support」shall be abolished.
  3. ③ (Interim Measures) At the time this Ordinance was enforced, for the companies that receive supports, former regulations shall be applied.
  4. ④ Amendment of other ordinances) Among 「Ulsan Metropolitan City Ordinance on Public Asset Management」, the articles shall be amended as following.
Amendment of other ordinances) Among 「Ulsan Metropolitan City Ordinance on Public Asset Management」, the articles shall be amended as following. The Article 29 of 「Act on Industry Arrangement and Factory Establishment」in the Article 18.3.3 and Article 21.3.4, shall be amended as Article 28.2 of「Act on Industry Integration Revitalization and Factory Establishment」, Article 13.7 of 「Foreign Investment Promotion Act」 in Article 23.2 shall be amended as Article 13.8 of 「Foreign Investment Promotion Act」and 「Act on Industry Arrangement and Factory Establishment」in subsection 1.G and subsection 2. F of the same Article shall be changed each as 「Act on Industry Integration Revitalization and Factory Establishment.

Addendum (revised on May 18, 2006 Ordinance No. 802)

This Ordinance shall be effective from the date of its promulgation.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on October 12, 2006 Ordinance No. 828)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2 (Amendment of other ordinances) between ① and ② omitted

Addendum (revised on May 8, 2008 Ordinance No. 978)

This Ordinance shall be effective from the date of its promulgation.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on June 30, 2008 Ordinance No. 986)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2. (Amendment of other ordinances) Among the name of organizations stipulated in the ordinance and others, “the Self-Governing Bureau” shall be changed to “the Administrative Support Bureau,” “Director of Self-Governing Bureau” to “Director of Administrative Support Bureau,” “Economy and Commerce Bureau” to “Economy and Commerce Division,” “Director of Economy and Commerce Bureau” to “Head of Economy and Commerce Division,” “Environment Bureau” to “Environment and Green Bureau,” “Director of Environment Bureau” to “Director of Environment and Green Bureau,” “Construction and Transportation Bureau” to “Transportation and Construction Bureau” and “Director of Construction and Transportation Bureau” to “Director of Transportation and Construction Bureau.”

Addendum (amended on August 10, 2009 Ordinance No. 1072)

This Ordinance shall be effective from the date of its promulgation.
③Parts of Ordinance on Promotion of Investment and Enterprises shall be amended as follows
In the Article 3.2, “the Deputy Mayor for Administration shall be changed to “the Deputy Mayor for Public Affairs.
④ to ⑬ are omitted.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on December 31, 2010 Ordinance No. 1177)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2. (Amendment of other ordinances) ① to ②are omitted. Parts of the Ordinance on Promotion of Investment and Enterprise in ③ are amended as follows.
In the Article 3.2, "the Mayor for Public Affairs" shall be changed to Deputy Mayor of Economy." ④ to (17) are omitted.

Addendum (Ordinance on Ulsan Metropolitan City’s Tax Reduction) (amended on December 31, 2010 Ordinance No. 1182)

Article 1. (Date of enforcement) This Ordinance shall be effective from January 1, 2011.
Article 2. (Application) The Article 5 (tax reduction on houses not sold) shall be applied to houses acquired by April 30, 2011.
Article 3. (Application period) The ordinance shall be effective until December 31, 2011. But, the Article 5 (tax reduction of houses not sold) shall be applied until April 30, 2011.
Article 4 (Subject to previous regulation) Houses whose taxes are assessed based on previous regulations shall be subject to previous regulations.
Article 5 (Amendment of other ordinances) ① is omitted. ② Pars of the Ordinance on Promotion of Investment Enterprise shall be amended as follows; In the Article
10, “Acquisition Tax and Registration Tax” and “Ordinance on Ulsan Metropolitan City’s Tax Reduction” shall be changed to “Acquisition Tax” and “Ulsan Metropolitan City Ordinance on Reduction of Price,” respectively.

Addendum (amended on July 7, 2011 Ordinance No. 1221)

This Ordinance shall be effective from the date of its promulgation.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on July 25, 2011 Ordinance No. 1227)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation. But, revisions stipulated on the Articles 15.2, 18.2, 25.2, 34.2, 37.2, 46.2, 49.2, 52.2, 55.2, 58.2, and Annexed Table 1 and 2 shall be effective from January 1, 2012.
Article 2. (Amendment of other ordinances) ① is omitted. ② Parts of the Ordinance on Promotion of Investment and Enterprise shall be amended as follows.
In the Article 3.3 and 3.4, “the Director of Culture, Sports Bureau” shall be changed to “the Director of Culture, Sports and Tourism Bureau.” ③ to ⑪ are omitted.

Addendum (Ordinance Amendment Incorporating Revision To Ulsan Metropolitan City Government Organization Act, etc.) (amended on November 12, 2013, Ordinance No. 1395)

This Ordinance shall be effective from the date of its promulgation.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on August 7, 2014, Ordinance No. 1457)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2. (Amendment of other ordinance) ① is omitted. ② Parts of the Ordinance on Promotion of Investment and Enterprise shall be amended as follows.
In the Article 3.3.4 of "the Head of Planning and Management" shall be changed to "the Head of Planning and Coordination." ③ ~(25) are omitted.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on April 31, 2014, Ordinance No. 1484)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2. (Amendment of other ordinance) ①~③ are omitted. ④ Parts of the Ordinance on Promotion of Investment and Enterprise shall be amended as follows.
In the Article 3.3.4 of "The Head of Economy and Trade" shall be changed to "the head of economy and industry, the chief of the innovative economy department," and "the head of urban bureau" shall be changed to "the head of urban creation bureau". ⑤ ~(24) omitted.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on December 31, 2015, Ordinance No. 1579)

Article 1. (Date of enforcement) This Ordinance shall be effective from the date of its promulgation.
Article 2. (Amendment of other ordinance) ①~④ are omitted.
⑤ Parts of the Ordinance on Promotion of Investment and Enterprise shall be amended as follows
In the Article 3.3.4 of "the head of economy and industry, the chief of the innovative economy department," shall be changed to " the chief of the innovative economy department and the head of economy and industry". ⑥~⑩ are omitted.

Addendum (Partial Amendment to 「Ordinance Concerning Establishment and Operation of Ulsan's Enterprise Support Facilities to Make Ordinance Understandable」 (amended on September 29, 2016 Ordinance No. 1641)

This Ordinance shall be effective from the date of its promulgation.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on December 29, 2016, Ordinance No. 1663)

Article 1. (Date of enforcement) This Ordinance shall be effective December 31, 2016.
Article 2. (Amendment of other ordinance) ①~② are omitted. ③ In the Article 3.3.4 “the Director of Culture, Sports and Tourism Bureau” shall be changed to “the Director of Culture, Tourism and Sports Bureau.” ④~⑥ are omitted.

Addendum (Ulsan Metropolitan City Ordinance on Administrative Organization Establishment) (amended on September 28, 2017, Ordinance No. 1759)

Article 1. (Date of enforcement) This Ordinance shall be effective September 30, 2017.
Article 2. (Amendment of other ordinance) ①~②
③ Parts of the Ordinance on Promotion of Investment and Enterprise shall be amended as follows. In the Article 3.3.4 "the head of the economy and industry" shall be changed to "the head of employment and economy.
④ omitted