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Sandbox for Pioneer
Foreign Investment Zones(FIZ)
What is FIZ?
Foreign Investment Zone refers to a certain area that is designated by provincial governors or mayors to attract FDI.
Corporates can locate in FIZ and be supported by local government such as tax incentives and rent support
Especially, Complex-type and Individual-type zones provide low rent and additional rent and tax reduction as required conditions are satisfied. Chungcheongnam-do proudly shows 7 Complex-type and 17 Individual-type zones, making it a local government with the biggest FIZs in Korea.
Types of Businesses Eligible for Occupancy
Business accompanying technologies for new growth engine industry
Categories of business with advanced technologies or advanced products
Research institute affiliated with enterprises and R&D service business
Complex Logistics terminal business or joint collection & delivery center
Other categories of business that a management agency determines
Complex Type FIZ
A Complex type FIZ is designated for lease or transferred exclusively to foreign-invested companies.
Companies moving into this type of zone are provided with low-cost
Individual Type FIZ
An Individual-type FIZ is a tailored location for large-scale investors, and foreign investors can choose and designate the location of the investment zone
