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
Zone profile
Zone type
Foreign Investment Zone
Region
North Chungcheong
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
Ports
- 1Pyeongtaek Hang64 km
- 2Daesan Hang97 km
- 3Kunsan107 km
- 4Inchon111 km
- 5Mukho179 km
Airports
Cities
- 1Cheongju10 km
- 2Geumsan-gun11 km
- 3Osong14 km
- 4Jeungpyeung18 km
- 5Yeongi-gun18 km
Trade Zones
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
