Foreign Investment Zone · South Korea

Ochang Foreign Investment Zone

36.7004°, 127.4148°
74 ha
Zone area
64.0 km
Nearest port
7.8 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
North Chungcheong
the World Bank SEZ database
Established
2002
the World Bank SEZ database
Management
State-owned enterprise
the World Bank SEZ database
Operator
KICOX
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 KOR81
Natural Earth 10m (public domain) · North Chungcheong · KOR81 · 36.70, 127.41GoogleOSMYandex

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 Hang64 km
  2. 2Daesan Hang97 km
  3. 3Kunsan107 km
  4. 4Inchon111 km
  5. 5Mukho179 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Airports
  1. 1Cheongju International Airport/Cheongju Air Base (K-59/G-513)8 km
  2. 2Camp Humphreys (A-511) Desiderio Army Airfield45 km
  3. 3Osan Air Base55 km
  4. 4Jungwon Air Base/Chungju Airport56 km
  5. 5Suwon Airport70 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Cities
  1. 1Cheongju10 km
  2. 2Geumsan-gun11 km
  3. 3Osong14 km
  4. 4Jeungpyeung18 km
  5. 5Yeongi-gun18 km
Nearest neighbours — logibook spatial index (haversine) over the source coordinates
Trade Zones
  1. 1Chungju General Industrial Complex6 km
  2. 2Cheongju Aeropolis9 km
  3. 3Osong Biovalley13 km
  4. 4Cheonan 5 Foreign Investment Zone15 km
  5. 5Sejong International Science and Business Belt21 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