Industrial Complex · South Korea
Banwol Sihwa National Industrial Complex
37.3346°, 126.7227°
17.4 km
Nearest port
25.6 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Gyeonggi
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
- 1Inchon17 km
- 2Pyeongtaek Hang38 km
- 3Daesan Hang46 km
- 4Haeju Hang117 km
- 5Kunsan151 km
Airports
- 1Gimpo International Airport26 km
- 2Suwon Airport27 km
- 3Incheon International Airport28 km
- 4Seoul Air Base (K-16)37 km
- 5Osan Air Base38 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?