I already explained the tax support for foreign direct investment(FDI) in Korea earlier.
This posting is about Cash Grant.
(1) Cash Grant Qualification
Foreign Investment of which investment ratio is over 30% and in the case of new construction or expansion of factory or workplaces, and which meets various requirements can get the cash grant.
The various requirements are such as the business type (Technology compact business, Service business, Parts and Material industry), number of new jobs created and the effect to local economy.
(2) Legal purpose of use
Employment, education and training subsidy
Land purchase-lease
Construction
Basic facilities installation
Purchase of capital goods and research equipment
Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email: energy17jyw@gmail.com
This posting is about Cash Grant.
(1) Cash Grant QualificationForeign Investment of which investment ratio is over 30% and in the case of new construction or expansion of factory or workplaces, and which meets various requirements can get the cash grant.
The various requirements are such as the business type (Technology compact business, Service business, Parts and Material industry), number of new jobs created and the effect to local economy.
(2) Legal purpose of use
A foreign-invested company shall use cash grant only for the following purposes:
Employment, education and training subsidy Land purchase-lease Construction Basic facilities installation Purchase of capital goods and research equipment Tel: 02-555-3919 from Korea,+82-2-555-3919 from abroad. Email: energy17jyw@gmail.com
