Foreign Investment Zone · South Korea

Cheonan 3 Foreign Investment Zone Active

36.8316°, 127.1112°
820,400 ha
Zone area
33.4 km
Nearest port
16.2 km
Nearest airport

Gateway access

Nearest neighbours — logibook spatial index (haversine) over the source coordinates

Zone profile

Zone type
Foreign Investment Zone
the World Bank SEZ database
Specialization
Energy
the World Bank SEZ database
Region
South Chungcheong
the World Bank SEZ database
Status
Active
the World Bank SEZ database
Established
1998
the World Bank SEZ database
Management
State-owned enterprise
the World Bank SEZ database
Operator
KICOX
the World Bank SEZ database
Regulatory authority
Mayor or provincial governor
the World Bank SEZ database
Legal framework
Foreign Investment Promotion Law and Enforcement Decree
the World Bank SEZ database

Location

Location of KOR16
Natural Earth 10m (public domain) · South Chungcheong · KOR16 · 36.83, 127.11GoogleOSMYandex

Fiscal & incentives

Corporate tax
22%
the World Bank SEZ database
Tax relief
100% exempt
the World Bank SEZ database
Relief duration
3 to 5 years
the World Bank SEZ database
VAT
No exemption
the World Bank SEZ database
Import duty (inputs)
0% exempt
the World Bank SEZ database
Import duty (capex)
100% exempt
the World Bank SEZ database
Profit repatriation
No exemption
the World Bank SEZ database
Capital gains
No exemption
the World Bank SEZ database
Withholding tax
No exemption
the World Bank SEZ database
Min. investment
Manufacturing investment of $10 million; tourism investment of $10 million; logistics investment of $5 million; no minimum requirement for high-tech firms
the World Bank SEZ database
Min. export
0%
the World Bank SEZ database
Employment incentive
Employment and training subsidies
the World Bank SEZ database
Developer incentive
No established framework
the World Bank SEZ database

Nearby Logistics Neighbours

Ports
  1. 1Pyeongtaek Hang33 km
  2. 2Daesan Hang67 km
  3. 3Inchon83 km
  4. 4Kunsan104 km
  5. 5Haeju Hang180 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Airports
  1. 1Camp Humphreys (A-511) Desiderio Army Airfield16 km
  2. 2Osan Air Base30 km
  3. 3Cheongju International Airport/Cheongju Air Base (K-59/G-513)37 km
  4. 4Suwon Airport46 km
  5. 5Seoul Air Base (K-16)68 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Cities
  1. 1Cheonan2 km
  2. 2Asan11 km
  3. 3Chonui/Yeongi-gun20 km
  4. 4Anseong23 km
  5. 5Songtan27 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
Browse databook

All Sources

Trade Zonesthe World Bank SEZ database
CC BY 4.0
Portsthe NGA World Port Index
Public domain (US gov)
AirportsOurAirports
Public domain
LocationsUN/LOCODE
UN/LOCODE — free
← South Korea trade zones