Foreign Investment Zone · South Korea
Gumi Foreign Investment Zone
36.1437°, 128.4404°
134 ha
Zone area
85.4 km
Nearest port
33.9 km
Nearest airport
Gateway access
Zone profile
Zone type
Foreign Investment Zone
Region
North Gyeongsang
Established
2002
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
Airports
Cities
- 1Gumi8 km
- 2Gunwi-gun15 km
- 3Chilgok-gun18 km
- 4Waegwan19 km
- 5Goryeong-gun26 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
