Industrial Complex · South Korea
Hwaseong General Industrial Complex
37.2184°, 127.0702°
96 ha
Zone area
34.1 km
Nearest port
6.1 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Gyeonggi
Established
2012
Management
Private management
Operator
Samsung Electronics Corporation
Regulatory authority
National, provincial or city-level governments
Legal framework
Industrial Sites and Development Act, and the Industrial Placement and Factory Act
Location
Fiscal & incentives
Corporate tax
22%
Tax relief
100% exempt
Relief duration
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
$30M
Min. export
0%
Employment incentive
Employment and training subsidies available to companies that newly employ 20 more individuals
Developer incentive
No established framework
Nearby Logistics Neighbours
Ports
- 1Pyeongtaek Hang34 km
- 2Inchon49 km
- 3Daesan Hang64 km
- 4Kunsan143 km
- 5Haeju Hang149 km
Airports
Trade Zones
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
