Eligibility
- A company that has invested in a new or increased amount in the county.
- A company that has invested more than KRW 2 billion or hires more than 20 new employees on a regular basis.
Scale of Support
Up to KRW 2 billion per company within budget
Support Details
| Grant Type | Support Details |
|---|---|
| Location subsidy |
|
| Facility grant |
|
| Employment Grant |
|
| Education and Training Grant |
|
| Relocation grant |
|
Support-providing Procedure
Support is provided within budget after deliberation by the Investment Attraction Council
Tax Reduction/Exemption
- Grounds : Articles 6, 119, 200, 121 of the Act on Restriction on Special Cases Concerning Taxation
- Eligibility: small and medium-sized startups and startup ventures
- Detailed Reduction/Exemption
- Corporate tax and income tax: 50% reduction over 4 years
- Registration tax, acquisition tax: Exemption
- Property tax: 50% reduction over 5 years
Boseong Gun