Foreign Investment Zone · South Korea
Sacheon Foreign Investment Zone Active
35.0651°, 128.0565°
49 ha
Zone area
32.9 km
Nearest port
3.0 km
Nearest airport
Gateway access
Zone profile
Zone type
Foreign Investment Zone
Region
South Gyeongsang
Status
Active
Established
2006
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
- 1Gwangyang Hang33 km
- 2Masan48 km
- 3Chinae55 km
- 4Busan89 km
- 5Ulsan129 km
Airports
- 1Sacheon Airport / Sacheon Air Base3 km
- 2Yeosu Airport47 km
- 3Gimhae International Airport81 km
- 4Daegu International Airport107 km
- 5Gwangju Airport114 km
Cities
- 1Jinju12 km
- 2Samcheonpo/Sacheon17 km
- 3Goseong-gun26 km
- 4Namhae-gun30 km
- 5Anjeong37 km
Trade Zones
DatabookThe Record of Consolidated Knowledge
South Korea beyond logistics?