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
Zone profile
Zone type
Foreign Investment Zone
Specialization
Energy
Region
South Chungcheong
Status
Active
Established
1998
Management
State-owned enterprise
Operator
KICOX
Regulatory authority
Mayor or provincial governor
Legal framework
Foreign Investment Promotion Law and Enforcement Decree
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
3 to 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
Manufacturing investment of $10 million; tourism investment of $10 million; logistics investment of $5 million; no minimum requirement for high-tech firms
Min. export
0%
Employment incentive
Employment and training subsidies
Developer incentive
No established framework
Nearby Logistics Neighbours
Ports
- 1Pyeongtaek Hang33 km
- 2Daesan Hang67 km
- 3Inchon83 km
- 4Kunsan104 km
- 5Haeju Hang180 km
Airports
Cities
- 1Cheonan2 km
- 2Asan11 km
- 3Chonui/Yeongi-gun20 km
- 4Anseong23 km
- 5Songtan27 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
