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

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

Zone profile

Zone type
Foreign Investment Zone
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
Cheonan Industrial Complex Corporation
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 KOR20
Natural Earth 10m (public domain) · South Chungcheong · KOR20 · 36.74, 127.26GoogleOSMYandex

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 Hang50 km
  2. 2Daesan Hang82 km
  3. 3Inchon99 km
  4. 4Kunsan102 km
  5. 5Mukho189 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Airports
  1. 1Cheongju International Airport/Cheongju Air Base (K-59/G-513)22 km
  2. 2Camp Humphreys (A-511) Desiderio Army Airfield32 km
  3. 3Osan Air Base44 km
  4. 4Suwon Airport60 km
  5. 5Jungwon Air Base/Chungju Airport65 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Cities
  1. 1Chonui/Yeongi-gun10 km
  2. 2Cheonan14 km
  3. 3Osong17 km
  4. 4Geumsan-gun21 km
  5. 5Chungju23 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Trade Zones
  1. 1Ochang Foreign Investment Zone15 km
  2. 2Osong Biovalley16 km
  3. 3Cheonhong General Industrial Complex16 km
  4. 4Cheonan 3 Foreign Investment Zone17 km
  5. 5Cheonan Industrial Technology General Industrial Complex18 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