Foreign Investment Zone · South Korea
Cheonan 5 Foreign Investment Zone Active
36.7402°, 127.2572°
80 ha
Zone area
49.9 km
Nearest port
21.8 km
Nearest airport
Gateway access
Zone profile
Zone type
Foreign Investment Zone
Region
South Chungcheong
Status
Active
Established
1998
Management
State-owned enterprise
Operator
Cheonan Industrial Complex Corporation
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 Hang50 km
- 2Daesan Hang82 km
- 3Inchon99 km
- 4Kunsan102 km
- 5Mukho189 km
Airports
Cities
- 1Chonui/Yeongi-gun10 km
- 2Cheonan14 km
- 3Osong17 km
- 4Geumsan-gun21 km
- 5Chungju23 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
