investment environment - business environment - living environment key projects

8/14/2019 Investment Environment - Business Environment - Living Environment Key Projects

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Contents

Investment Environment- Business Environment- Living Environment

Key Projects

- Digital Media City- Magok R&D City

- IFC Seoul- Yongsan International Business District- Garden 5

Incentives & Support Systems

- Incentives for Foreign Investment

- Support Details


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Investment

Enviroment


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Gateway of Northeast Asia / Huge market of 2 billion people.

1hour

40 min


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Gateway of Northeast Asia / Huge market of 2 billion people


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Seoul's Living Environment

Improving the Education Environment

- 21 international schools in Seoul with three more set for completion by 2012

Housing and Medical Services

- Broad range of city and private provided housing capacity

- 24-hour and multi-language medical services

Globalization Project

- 15 global zones, global streets within global zones, Global Center for expats,improved street signage system

Convenient Living Environment

Improving the Education Environment

- 21 international schools in Seoul with three more set for completion by 2012

Housing and Medical Services

- Broad range of city and private provided housing capacity

- 24-hour and multi-language medical services


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Culture and shopping complexGarden5

Garden

5

Garden

5


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500 Companies / 60,000 Employees(by 2015)


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500 Companies / 60,000 Employees(in 2015)


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DMC Landmark BuildingThe world's biggest building in terms of gross floor area(9BF~133F, 656m)

The 1st platinum-grade green building in Korea

500 Companies / 60,000 Employees(by 2015)


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Garden5

A huge culture and shopping complex

To revitalize the regional economy by supporting

special stores

Garden5

Investment Opportunity : 3 specialized shoppingcenters, 1 logistics center and 1 revitalizationcomplex


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Eligibility High-tech and/or industry support service businesses

Incentives National Tax : 100% Exemption for thefirst 5 years,50% reduction for the following 2 years

Customs Tariff : Exemption for capital goods imported and declared

within 3 years of the initial investment notification

Incentives for Advanced Tech and Industry Support Services

Eligibility Area designated as a foreign investment zone

Incentives National Tax : Exemption for the first 5 years,

50% reduction for the following 2 years

Other : Exemption on various construction-related charges,support for infrastructure construction

Incentives for Foreign Investment Zones (FIZs)


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Support for Foreign Investment by Seoul Metropolitan Government

Subsidy for construction & expansion of factories and

research facilities and employment & employee training

Cash Grant

Tax Exemption

Tax exemption and/or reduction,

public property purchase and/or lease rate reduction


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one-stop administrative service1

2assistance in doing business in Seoul

3support for foreign migrant workers

4info on living in Seoul

programs on Intl exchange5

Seoul Global Center provides

oul International Business Advisory Council(SIBAC),oreign Investment Advisory Council(FIAC) :pinions & suggestions on investment-related policies

oul Global Center : Support for foreign business activities in Seoul


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Tel : +82 2 2171 2794~5 (Minsook Kim, Jiwon Oh)e-mail : [email protected]

Address : Investment Promotion Division, Press Center Building 3rd floor,

25 Taepyeongno 1-ga, Jung-gu, Seoul 100-750, Republic of Korea

Contact Information

Investment Promotion Division


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