Industrial Complex · South Korea
Hyeongok Foreign Investment Zone Active
37.0368°, 126.9459°
50 ha
Zone area
13.6 km
Nearest port
9.6 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Gyeonggi
Status
Active
Established
2006
Management
State-owned enterprise
Operator
KICOX
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 Hang14 km
- 2Daesan Hang49 km
- 3Inchon56 km
- 4Kunsan121 km
- 5Haeju Hang153 km
Airports
- 1Osan Air Base10 km
- 2Camp Humphreys (A-511) Desiderio Army Airfield11 km
- 3Suwon Airport23 km
- 4Seoul Air Base (K-16)48 km
- 5Gimpo International Airport60 km
Cities
- 1Songtan10 km
- 2Pyeongtaek12 km
- 3Dangjin16 km
- 4Hwaseong20 km
- 5Suwon27 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?