Industrial Complex · South Korea
Yulchon 1 General Industrial Complex Active
34.9011°, 127.5914°
911 ha
Zone area
14.5 km
Nearest port
6.9 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
South Jeolla
Status
Active
Established
2013
Management
Public agency
Operator
Gwangyang Bay Area Free Economic Zone Administration
Regulatory authority
National, provincial or city-level governments
Legal framework
Industrial Sites and Development Act, and the Industrial Placement and Factory Act
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
5 years
VAT
No exemption
Import duty (inputs)
0% exempt
Import duty (capex)
100% exempt
Profit repatriation
No exemption
Capital gains
No exemption
Withholding tax
No exemption
Min. investment
$30M
Min. export
0%
Employment incentive
Employment and training subsidies available to companies that newly employ 20 more individuals
Developer incentive
No established framework
Nearby Logistics Neighbours
Ports
- 1Gwangyang Hang15 km
- 2Masan94 km
- 3Chinae100 km
- 4Mokpo111 km
- 5Busan133 km
Airports
- 1Yeosu Airport7 km
- 2Sacheon Airport / Sacheon Air Base49 km
- 3Gwangju Airport76 km
- 4Muan International Airport111 km
- 5Gimhae International Airport126 km
Cities
- 1Gwangyang8 km
- 2Suncheon11 km
- 3Sangam-dong16 km
- 4Yeosu20 km
- 5Boseong-gun24 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?