Support Services
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Support for Worker Relocation to the Greater Seoul Metropolitan Area
- Support Target : Employees with a residence of three years or more in the city or county where the previous workplace was located.
- Support Amount : Up to 1.5 million KRW per employee (maximum). Up to 10 million KRW for the entire family's relocation (one-time support).
Support for Domestic Business Relocation
- Companies engaged in the manufacturing industry, information and communication technology (ICT) sector, and knowledge service businesses that have signed investment agreements with local governments
- Companies undergoing the sale, transfer, or partial downsizing of overseas facilities.
- Companies that have newly established or completed a similar domestic business site.
- Maximum of 60 billion KRW in national funding (combined for investment and relocation support).
| Classification | Support Ratios (National Funding : Local Funding) |
Support Ratio for Domestic Business Relocation (Large, Medium, and Small Enterprises - Common |
|---|---|---|
| Greater Seoul Metropolitan Area Adjacent Regions) (Large, Medium, and Small Enterprises - Common |
45 : 55 | 21% of investment in location and equipment |
| General Areas (Boryeong, Seosan, Nonsan, Gyeryong, Hongseong, Taean) |
65 : 35 | 24% of investment in location and equipment |
| Preferred Support Regions (Gongju,, Geumsan, Buyeo, Seocheon, Cheongyang, Yesan, Taean, National Innovation Complex) |
75 : 25 | 34% of investment in location and equipment |
| Special Support for Industrial Crisis Response, etc (Key Strategic Products for Material, Component, and Equipment Companies) |
75 : 25 | 44% of investment in location and equipment |
- Employment: 0.7% to 6%, Investment Scale: 50 billion KRW or more, Specific Industries: 2%, Cumulative Maximum: 10%.
- Relocation Support: Up to 4 billion KRW per company.
- Corporate Tax: 100% reduction for 5 years + 50% reduction for 2 years.