Industrial Complex · South Korea
Onsan National Industrial Complex
35.4367°, 129.3437°
5.3 km
Nearest port
17.5 km
Nearest airport
Gateway access
Zone profile
Zone type
Industrial Complex
Region
Ulsan
Established
2011
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
Airports
Cities
- 1Onsan/Ulsan1 km
- 2Ulsan2 km
- 3Mipo/Ulsan12 km
- 4Gijang-gun/Busan25 km
- 5Yangsan30 km
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?
