South Korea hubs

Yeong-suk

Investor

South KoreaKorean (한국어)₩ KRW

Yeong-suk is a diligent retail investor navigating the complex landscape of the Korean stock market, real estate, and tax-advantaged savings. This hub tracks the national tools, tax incentives, and regulatory portals she needs to grow her wealth and stay compliant with the NTS.

Making my money work harder with tax breaks

Maximizing returns through government-backed tax-efficient accounts is the foundation of my portfolio.

Individual Savings Account (ISA)

개인종합자산관리계좌

national · Financial Services Commission

Who qualifies
Anyone aged 19+ with earned income or farm income.
What you get
Tax exemption on profits up to 2 million KRW (4 million for 서민형).
What it actually costs you
3-year minimum holding period; requires brokerage account.
Common gotcha
You cannot withdraw the principal before the maturity date without losing tax benefits.

Individual Retirement Pension (IRP)

개인형 퇴직연금

national · Ministry of Employment and Labor

Who qualifies
All income earners including self-employed.
What you get
Tax credit on annual contributions up to 9 million KRW.
What it actually costs you
Locked until age 55; early withdrawal incurs 16.5% penalty.
Common gotcha
The tax credit limit is combined with other pension savings accounts.

National Pension Voluntary Contribution

국민연금 임의가입

national · National Pension Service

Who qualifies
Housewives or those without mandatory enrollment.
What you get
Guaranteed inflation-adjusted pension income in retirement.
What it actually costs you
Monthly premiums based on average income.
Common gotcha
Must have 10 years of contributions to qualify for a pension.

Youth Leap Account

청년도약계좌

national · Ministry of Finance

Who qualifies
Youth aged 19-34 with income below 75 million KRW.
What you get
Government matching grant plus tax-free interest over 5 years.
What it actually costs you
Monthly deposit of up to 700,000 KRW.
Common gotcha
Strict income verification every year.

Housing Subscription Savings

주택청약종합저축

national · Ministry of Land, Infrastructure and Transport

Who qualifies
Any resident of Korea.
What you get
Priority for new apartment lotteries and tax deductions.
What it actually costs you
Monthly deposits; long-term commitment.
Common gotcha
Missing a monthly payment can delay your priority ranking.

Gold Banking Account

골드뱅킹

national · Major Commercial Banks

Who qualifies
General public.
What you get
Exposure to gold prices without physical storage.
What it actually costs you
Spread fees and dividend income tax on gains.
Common gotcha
Not covered by deposit insurance.

Keeping my paperwork clean for the NTS

I need to ensure my capital gains and dividends are reported correctly to avoid audits.

Hometax Portal

홈택스

national · National Tax Service

Who qualifies
All taxpayers.
What you get
Consolidated tax filing and income verification.
What it actually costs you
Requires Joint Certificate or Financial Certificate.
Common gotcha
System often requires specific browser plugins.

FSS Consumer Portal

금융감독원 금융소비자정보포털

national · Financial Supervisory Service

Who qualifies
All investors.
What you get
Comparison of financial products and scam alerts.
What it actually costs you
Free service.
Common gotcha
The site is information-heavy; use the search function.

Account Info Service

어카운트인포

national · Korea Financial Telecommunications & Clearings Institute

Who qualifies
All bank account holders.
What you get
Unified view of all bank accounts and dormant money.
What it actually costs you
Requires identity verification.
Common gotcha
Does not show stock brokerage accounts directly.

Credit Score Management

신용점수 관리

national · KCB / NICE

Who qualifies
All adults.
What you get
Monitoring of credit score for loan eligibility.
What it actually costs you
Free basic check; paid for detailed reports.
Common gotcha
Frequent checks don't hurt your score, but missed payments do.

Financial Dispute Mediation

금융분쟁조정위원회

national · Financial Supervisory Service

Who qualifies
Investors in dispute with financial institutions.
What you get
Free legal-like mediation for financial losses.
What it actually costs you
Time and documentation of the dispute.
Common gotcha
Mediation is not legally binding if the bank refuses.

DART (Data Analysis, Retrieval and Transfer System)

다트

national · Financial Supervisory Service

Who qualifies
Stock investors.
What you get
Real-time corporate financial reports and audits.
What it actually costs you
Free access.
Common gotcha
Reports are technical; requires accounting knowledge.

Tools for the daily trade

Accessing the KRX and international markets requires reliable, low-fee infrastructure.

Korea Exchange (KRX)

한국거래소

national · KRX

Who qualifies
All investors via brokerage firms.
What you get
Access to KOSPI and KOSDAQ markets.
What it actually costs you
Brokerage commission fees.
Common gotcha
Trading hours are strictly 09:00 to 15:30.

Securities Transaction Tax

증권거래세

national · Ministry of Economy and Finance

Who qualifies
All stock sellers.
What you get
Tax on the sale value of stocks.
What it actually costs you
Automatic deduction by the brokerage.
Common gotcha
Rates change periodically; check current government announcements.

Foreign Exchange Transaction Reporting

외국환거래 신고

national · Bank of Korea

Who qualifies
Investors moving large amounts of capital abroad.
What you get
Legal compliance for international investments.
What it actually costs you
Bank processing fees and paperwork.
Common gotcha
Failure to report leads to heavy fines.

ETF Investment Platform

ETF 투자

national · Korea Exchange

Who qualifies
All investors.
What you get
Diversified index exposure.
What it actually costs you
Management fees (TER).
Common gotcha
Leveraged ETFs have decay over time.

K-OTC Market

K-OTC

national · Korea Financial Investment Association

Who qualifies
Investors interested in unlisted companies.
What you get
Access to pre-IPO stocks.
What it actually costs you
Higher risk profile.
Common gotcha
Liquidity is significantly lower than KOSPI.

Securities Lending Service

대여풀

national · Brokerage firms

Who qualifies
Long-term stock holders.
What you get
Small interest income from lending stocks to short sellers.
What it actually costs you
None; automatic.
Common gotcha
You may not be able to sell immediately during a recall.

Protecting my capital

Even as an investor, I need to know what happens if my bank or brokerage fails.

Deposit Insurance Corporation Protection

예금자보호제도

national · Korea Deposit Insurance Corporation

Who qualifies
All bank depositors.
What you get
Protection up to 50 million KRW per institution.
What it actually costs you
None.
Common gotcha
Does not cover investment products like stocks or funds.

Investor Protection Fund

증권투자자보호기금

national · Korea Exchange

Who qualifies
Brokerage clients.
What you get
Compensation in case of brokerage bankruptcy.
What it actually costs you
None.
Common gotcha
Only covers assets held in custody.

National Health Insurance

국민건강보험

national · National Health Insurance Service

Who qualifies
All residents.
What you get
Subsidized medical care.
What it actually costs you
Monthly premiums based on income/assets.
Common gotcha
Investors with high rental income pay higher premiums.

National Disaster Relief

재난지원금

national · Ministry of the Interior and Safety

Who qualifies
Varies by specific government policy.
What you get
Cash or voucher assistance during crises.
What it actually costs you
Application via portal.
Common gotcha
Often limited to specific income brackets.

e-People

국민신문고

national · Anti-Corruption and Civil Rights Commission

Who qualifies
All citizens.
What you get
Platform to file complaints against any government agency.
What it actually costs you
Time to write the petition.
Common gotcha
Responses can take up to 14 days.

Identity Theft Prevention Service

명의도용방지서비스

national · M-Safer

Who qualifies
All citizens.
What you get
Alerts if someone tries to open a mobile account in your name.
What it actually costs you
Free.
Common gotcha
Must register to receive alerts.

State-level schemes

17states & territories — open one to see what it offers.

Seoul서울특별시

As an investor in Seoul, you navigate a high-stakes ecosystem of municipal tax incentives, startup grants for tech-forward ventures, and specialized urban development subsidies unique to the capital.

Scaling my ventures in Seoul

Seoul Fintech Lab Residency

서울핀테크랩

municipal · Seoul Metropolitan Government

Who qualifies
Fintech startups with a business license in Seoul looking for office space and scaling support.
What you get
Subsidized office space, mentoring, and direct access to venture capital networks.
What it actually costs you
Competitive application process; requires a solid business plan and pitch deck.
Common gotcha
High competition; spaces are limited to companies that can demonstrate potential for global expansion.

Seoul R&D Voucher Program

서울형 R&D 지원사업

municipal · Seoul Business Agency (SBA)

Who qualifies
Small and medium-sized enterprises (SMEs) based in Seoul conducting R&D projects.
What you get
Matching grants for research and development expenses up to 50 million KRW.
What it actually costs you
Requires detailed project documentation and proof of matching funds.
Common gotcha
The funding is strictly for R&D; cannot be used for general operational expenses.

Seoul Global Startup Center Support

서울글로벌창업센터

municipal · Seoul Metropolitan Government

Who qualifies
Foreign entrepreneurs or teams with at least one foreign member starting a business in Seoul.
What you get
Free office space, visa consulting, and business registration assistance.
What it actually costs you
Must pass a selection interview; commitment to maintaining business operations in Seoul.
Common gotcha
The visa support is specific to the D-8-4 startup visa track.

Seoul Social Economy Fund

서울특별시 사회적경제기금

municipal · Seoul Social Economy Center

Who qualifies
Social enterprises or cooperatives registered in Seoul.
What you get
Low-interest loans and credit guarantees for social impact projects.
What it actually costs you
Requires social impact assessment and financial audit reports.
Common gotcha
Interest rates are low, but the reporting requirements for social impact are rigorous.

Managing my municipal tax obligations

Seoul Local Tax Electronic Filing Discount

지방세 전자신고 세액공제

municipal · Seoul Tax Division

Who qualifies
Taxpayers who file and pay local taxes via the E-Tax portal.
What you get
Small deduction on local tax bills (usually 500-1,000 KRW per transaction).
What it actually costs you
Must register an account on the E-Tax portal.
Common gotcha
It is a small amount, but it adds up if you manage multiple properties or business entities.

Seoul Venture Business Tax Reduction

벤처기업 취득세 감면

municipal · Seoul Metropolitan Government

Who qualifies
Certified venture businesses purchasing real estate for business use in Seoul.
What you get
50% reduction in acquisition tax for business-related properties.
What it actually costs you
Must hold a valid Venture Business Certification from the central government.
Common gotcha
If the property is sold or used for non-business purposes within a certain timeframe, the tax is clawed back.
Busan부산광역시

Busan offers specific tax incentives and financial support for investors targeting the maritime, logistics, and high-tech manufacturing sectors in the Gadeokdo New Airport and Busan-Jinhae Free Economic Zone areas.

Growing my business in Busan

Busan-Jinhae Free Economic Zone Corporate Tax Exemption

부산진해경제자유구역 법인세 감면

state · Busan Metropolitan City / BJFEZ Authority

Who qualifies
Foreign-invested enterprises in high-tech or logistics sectors within the zone.
What you get
100% corporate tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Requires minimum foreign investment of $5 million; extensive business plan audit.
Common gotcha
The exemption only applies to income generated directly from the approved business activities within the zone.

Busan Startup Investment Fund

부산 창업투자펀드

state · Busan Techno Park

Who qualifies
Early-stage startups headquartered in Busan with high growth potential.
What you get
Direct equity investment or matching funds up to 500 million KRW.
What it actually costs you
Rigorous pitch process and quarterly financial reporting requirements.
Common gotcha
Must maintain headquarters in Busan for at least 5 years post-funding.

Busan Maritime Industry R&D Subsidy

부산 해양산업 R&D 보조금

state · Busan Marine Industry Promotion Agency

Who qualifies
SMEs specializing in smart shipping or eco-friendly marine equipment.
What you get
Up to 300 million KRW in non-repayable R&D grants.
What it actually costs you
Requires a 30% matching fund from the company's own capital.
Common gotcha
Intellectual property rights generated must be registered in Korea.

Busan Local Talent Employment Grant

부산 지역인재 고용 보조금

state · Busan Metropolitan City Labor Bureau

Who qualifies
Companies hiring Busan-based university graduates for technical roles.
What you get
Monthly wage subsidy of 1 million KRW per employee for 12 months.
What it actually costs you
Must provide proof of full-time employment contracts and insurance enrollment.
Common gotcha
Employees must be residents of Busan for at least 6 months prior to hiring.

Living and networking as an investor

Busan Global Center Investor Support

부산글로벌센터 투자자 지원

state · Busan Foundation for International Cooperation

Who qualifies
Foreign investors and their families living in Busan.
What you get
Free legal, tax, and administrative consulting services for expats.
What it actually costs you
Zero cost; requires proof of Alien Registration Card (ARC).
Common gotcha
Consulting is by appointment only and high demand during tax season.

Busan Smart City Living Lab Participation

부산 스마트시티 리빙랩

state · Busan Smart City Committee

Who qualifies
Investors interested in testing smart city infrastructure or IoT solutions.
What you get
Access to pilot project sites in Eco-Delta City for product testing.
What it actually costs you
Submission of a technical proposal and compliance with safety standards.
Common gotcha
Data privacy regulations are strictly enforced for all pilot participants.
Daegu대구광역시

Daegu offers targeted tax incentives and venture capital support for investors focusing on the city's strategic shift toward robotics, healthcare, and future mobility sectors.

Growing my capital in Daegu

Daegu Metropolitan City Investment Promotion Subsidy

대구광역시 투자유치 촉진 보조금

state · Daegu Metropolitan City Investment Promotion Division

Who qualifies
Domestic and foreign companies investing in Daegu's priority industries (robotics, future mobility, medical).
What you get
Subsidies for land purchase, facility construction, and employment support up to 30% of investment cost.
What it actually costs you
Detailed business plan, investment commitment agreement, and proof of capital adequacy.
Common gotcha
The subsidy is often paid in installments linked to job creation milestones, not upfront.

Daegu Local Tax Exemption for Strategic Industries

대구광역시 전략산업 지방세 감면

state · Daegu Metropolitan City Tax Division

Who qualifies
Businesses operating within Daegu's designated industrial complexes or R&D zones.
What you get
Reduction or exemption of acquisition tax and property tax for up to 5-10 years.
What it actually costs you
Application through the local district office; requires proof of business registration in the zone.
Common gotcha
Exemptions are voided if the business relocates outside the zone within the mandatory retention period.

Daegu Future Industry Venture Fund

대구 미래산업 벤처펀드

state · Daegu Technopark

Who qualifies
Startups and SMEs based in Daegu focusing on AI, robotics, or digital healthcare.
What you get
Direct equity investment or low-interest financing for scaling operations.
What it actually costs you
Pitch deck, financial audit, and thorough due diligence process.
Common gotcha
High competition; requires a strong proof-of-concept (PoC) validated by local research institutes.

Navigating the local business landscape

Daegu Technopark Corporate Support Program

대구테크노파크 기업지원사업

state · Daegu Technopark

Who qualifies
Daegu-based tech companies seeking R&D or marketing support.
What you get
Grants for prototype development, patent filing, and overseas market entry.
What it actually costs you
Annual application cycle; requires matching funds from the company.
Common gotcha
The application portal is highly competitive; missing the specific window results in immediate rejection.

Daegu Startup Hub (D-Camp Daegu)

대구창업허브

state · Daegu Creative Economy Innovation Center

Who qualifies
Early-stage entrepreneurs and investors looking for co-working or mentorship.
What you get
Discounted office space, networking events, and access to local angel investor networks.
What it actually costs you
Membership registration and project evaluation.
Common gotcha
Physical office space is limited and assigned via a lottery or merit-based selection.
Incheon인천광역시

Incheon is the gateway for foreign investors, offering unique tax incentives and special economic zone benefits that aren't available in Seoul or other provinces.

Making my capital work harder in Incheon

Incheon Free Economic Zone (IFEZ) Tax Incentives

인천경제자유구역 조세감면

state · Incheon Metropolitan City

Who qualifies
Foreign-invested companies meeting specific capital threshold requirements in IFEZ zones.
What you get
100% corporate and income tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Requires formal registration as a foreign-invested enterprise and a minimum investment amount of $1 million USD.
Common gotcha
The tax exemption only applies to income generated directly from the approved business activities within the zone.

Incheon Startup Park Funding

인천스타트업파크 지원사업

state · Incheon Technopark

Who qualifies
Early-stage startups and investors looking for co-investment opportunities in Incheon.
What you get
Direct grants, office space subsidies, and matching investment programs.
What it actually costs you
Competitive application process with a detailed business plan and pitch.
Common gotcha
The funding is often tied to specific industry verticals like smart cities or bio-tech.

Setting up shop in the Free Economic Zone

IFEZ Rental Fee Support

IFEZ 임대료 지원

state · Incheon Free Economic Zone Authority

Who qualifies
High-tech and R&D companies moving into designated IFEZ industrial complexes.
What you get
Subsidized rental rates for industrial land or office space for up to 5 years.
What it actually costs you
Requires a long-term lease agreement and proof of business operations.
Common gotcha
Failure to maintain the promised number of employees can lead to a clawback of the subsidy.

Incheon Global Talent Visa Support

인천 글로벌 인재 비자 지원

state · Incheon Global Center

Who qualifies
Investors and high-skilled professionals employed by Incheon-based foreign firms.
What you get
Administrative assistance and fast-tracking for D-8 (Corporate Investment) visa extensions.
What it actually costs you
Standard visa processing fees apply; requires documentation of investment status.
Common gotcha
This is an advisory service, not a visa issuing authority, so you still need to deal with Immigration.
Gwangju광주광역시

Gwangju offers unique tax incentives and venture capital support for investors focusing on AI, green energy, and automotive tech within the Gwangju Free Economic Zone.

Growing my capital in Gwangju

Gwangju Free Economic Zone Investment Incentives

광주경제자유구역 투자 인센티브

state · Gwangju Free Economic Zone Authority

Who qualifies
Foreign and domestic investors establishing high-tech manufacturing or R&D facilities in designated zones.
What you get
Corporate tax exemptions for 5 years and reduced rent on industrial land.
What it actually costs you
Requires a formal investment plan and minimum capital commitment of $5 million USD.
Common gotcha
The tax breaks are strictly tied to the number of local jobs created.

Gwangju AI Venture Fund

광주 인공지능 벤처 펀드

state · Gwangju Technopark

Who qualifies
Startups and SMEs based in Gwangju focusing on AI and big data.
What you get
Direct equity investment or low-interest bridge financing.
What it actually costs you
Detailed audit of business financials and technical feasibility study.
Common gotcha
Funding is highly competitive and requires a Gwangju-based office registration.

Local Tax Reduction for Strategic Industries

전략산업 지방세 감면

state · Gwangju Metropolitan City Tax Division

Who qualifies
Businesses in the automotive, energy, or AI sectors registered in Gwangju.
What you get
50% reduction in acquisition tax and property tax for 3 years.
What it actually costs you
Application through the local district office with business registration proof.
Common gotcha
You must maintain the business operations for at least 5 years to avoid clawbacks.

Gwangju Startup Support Center

광주창업지원센터

state · Gwangju City Government

Who qualifies
Early-stage entrepreneurs and investors mentoring local startups.
What you get
Subsidized office space and professional accounting/legal consulting.
What it actually costs you
Monthly membership fee of approximately 100,000 KRW.
Common gotcha
Space is limited and assigned on a first-come-first-served basis after pitch review.

Local infrastructure and green energy grants

Gwangju Renewable Energy Installation Subsidy

광주 신재생에너지 보급 지원

state · Gwangju Energy Industry Division

Who qualifies
Property owners or investors installing solar or geothermal systems in Gwangju.
What you get
Up to 30% of installation costs covered by the city.
What it actually costs you
Requires certified installation contractors and building safety permits.
Common gotcha
The subsidy budget is exhausted quickly in the first quarter of the year.

Smart Factory Conversion Grant

스마트공장 보급 확산 사업

state · Gwangju Technopark

Who qualifies
Manufacturing SMEs in Gwangju looking to automate production.
What you get
Matching grants up to 100 million KRW for hardware and software upgrades.
What it actually costs you
Must provide a 50% matching investment from the company.
Common gotcha
The application process requires a detailed digital transformation roadmap.
Daejeon대전광역시

Daejeon serves as the R&D heart of South Korea, offering unique tax incentives and venture capital support for investors focusing on high-tech startups and deep-tech innovation.

Growing my portfolio in the Science City

Daejeon Venture Investment Fund

대전광역시 벤처투자펀드

state · Daejeon Metropolitan City

Who qualifies
Venture capital firms and angel investors targeting Daejeon-based tech startups.
What you get
Requires detailed business plan and proof of local entity registration.
Common gotcha
The fund prioritizes firms located in the Daedeok Innopolis special zone.

Daejeon Startup Park Tax Incentives

대전 스타트업파크 세제지원

state · Daejeon Technopark

Who qualifies
Investors backing startups within the D-Unicorn project zone.
What you get
Requires application via the Technopark portal and proof of investment contract.
Common gotcha
Must maintain the investment for at least 5 years to avoid clawbacks.

Daejeon Angel Investment Subsidy

대전 엔젤투자 보조금

state · Daejeon Business Agency

Who qualifies
Individual angel investors registered with the Daejeon Chamber of Commerce.
What you get
Requires registration as an angel investor and proof of fund transfer.
Common gotcha
Limited to startups less than 3 years old.

Daejeon Tech Transfer Grant

대전 기술이전 지원사업

state · Daejeon Institute of Science and Technology

Who qualifies
Investors facilitating the transfer of patents from Daedeok research institutes to private firms.
What you get
Requires a signed transfer agreement and verified patent documentation.
Common gotcha
Only covers patents originating from Daejeon-based government research labs.

Local business infrastructure and networking

Daejeon Business Consulting Voucher

대전 기업경영 컨설팅 바우처

state · Daejeon Economic Promotion Agency

Who qualifies
Investors managing local SMEs in need of legal or financial restructuring.
What you get
Requires business registration in Daejeon and a valid tax ID.
Common gotcha
Vouchers must be used with pre-approved consulting firms.

Daejeon Global Expansion Fund

대전 글로벌 진출 지원금

state · Daejeon Metropolitan City

Who qualifies
Investors helping Daejeon-based companies export their products abroad.
What you get
Requires a detailed export plan and proof of local manufacturing.
Common gotcha
Funds are disbursed on a reimbursement basis after the event.

Daejeon Smart Factory Upgrade

대전 스마트공장 고도화 지원

state · Daejeon Technopark

Who qualifies
Investors in manufacturing firms looking to digitize operations.
What you get
Requires a technical audit and project proposal.
Common gotcha
The company must provide at least 50% of the project cost.

Daejeon Local Talent Hiring Subsidy

대전 지역인재 채용 보조금

state · Daejeon Employment Center

Who qualifies
Investors backing companies that hire Daejeon-based university graduates.
What you get
Requires employment contract and proof of residency for the employee.
Common gotcha
The employee must be a graduate of a university located within Daejeon.
Ulsan울산광역시

Ulsan is the industrial powerhouse of South Korea, offering unique tax incentives for high-tech manufacturing and green energy investments that aren't available in Seoul.

Growing my business in Ulsan

Ulsan Foreign Investment Cash Grant

울산광역시 외국인투자기업 현금지원

state · Ulsan Metropolitan City Investment Promotion Division

Who qualifies
Foreign-invested companies investing over $5 million in high-tech industrial sectors.
What you get
Reimbursement of up to 20% of total investment costs for facility construction and employment.
What it actually costs you
Detailed business plan, proof of foreign capital, and a 5-year employment commitment.
Common gotcha
The grant is paid in installments based on performance milestones, not as a lump sum upfront.

Ulsan Hydrogen Economy R&D Subsidy

울산 수소산업 육성 R&D 지원사업

state · Ulsan Technopark

Who qualifies
Small and medium-sized enterprises (SMEs) headquartered in Ulsan focusing on hydrogen fuel cell technology.
What you get
Up to 300 million KRW in matching funds for research and prototype development.
What it actually costs you
Application through Ulsan Technopark portal, requires 25% internal funding match.
Common gotcha
Strict reporting requirements on R&D expenditure; funds must be used within the fiscal year.

Ulsan Free Economic Zone Tax Relief

울산경제자유구역 세제혜택

state · Ulsan Free Economic Zone Authority

Who qualifies
Companies operating within the Ulsan FEZ designated zones.
What you get
100% corporate tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Registration as a FEZ tenant; requires specific industrial classification.
Common gotcha
Exemption only applies to income generated within the FEZ premises.

Ulsan Startup Growth Fund

울산 창업성장 펀드

state · Ulsan Creative Economy Innovation Center

Who qualifies
Tech-based startups founded in Ulsan within the last 3 years.
What you get
Equity investment ranging from 50 million to 200 million KRW.
What it actually costs you
Pitch deck, financial statements, and a rigorous due diligence process.
Common gotcha
The fund takes an equity stake; you must be prepared for board oversight.

Living as an investor in Ulsan

Ulsan Regional Resident Tax Credit

울산광역시 주민세 감면

state · Ulsan Tax Division

Who qualifies
Investors who maintain primary residency in Ulsan for over 1 year.
What you get
Reduction in local resident tax and preferential rates on municipal parking facilities.
What it actually costs you
Proof of residence (Resident Registration Card).
Common gotcha
Must be applied for annually during the tax filing window.

Ulsan Culture & Arts Membership

울산 문화예술회원권

state · Ulsan Culture & Arts Center

Who qualifies
Registered residents and business owners in Ulsan.
What you get
30% discount on all performances and exhibitions at municipal venues.
What it actually costs you
Small annual membership fee (approx 20,000 KRW).
Common gotcha
Discounts are non-transferable and require ID verification.
Gyeonggi-do경기도

Gyeonggi-do is the economic engine of South Korea, offering specific tax incentives and business support programs for investors looking to tap into the high-tech industrial clusters surrounding Seoul.

Growing my business here

Gyeonggi-do Foreign Investment Cash Grant

경기도 외국인투자기업 현금지원

state · Gyeonggi-do Provincial Government

Who qualifies
Foreign-invested companies creating high-tech jobs or investing in designated industrial zones.
What you get
Reimbursement of up to 20-30% of total investment costs for facility construction or R&D.
What it actually costs you
Requires a detailed business plan and proof of capital inflow; approval process takes 3-6 months.
Common gotcha
The grant is performance-based; you must hit specific employment targets to receive full funding.

Gyeonggi-do Startup Support Program

경기도 스타트업 지원사업

state · Gyeonggi Business & Science Accelerator (GBSA)

Who qualifies
Startups based in Gyeonggi-do with innovative technology and growth potential.
What you get
Grants up to 50 million KRW for commercialization and access to co-working spaces.
What it actually costs you
Requires a pitch deck and participation in a competitive selection process.
Common gotcha
Funding is strictly for commercialization expenses, not operational overhead like rent.

Gyeonggi-do Local Tax Exemption for Foreign Investors

경기도 외국인투자기업 지방세 감면

state · Gyeonggi-do Tax Division

Who qualifies
Foreign-invested enterprises meeting specific capital threshold requirements.
What you get
Full or partial exemption from acquisition tax and property tax for up to 5 years.
What it actually costs you
Application must be filed within 30 days of the investment registration.
Common gotcha
Exemption rates vary by city within Gyeonggi-do; check local municipal ordinances.

Gyeonggi Industrial Complex Rent Subsidy

경기도 산업단지 임대료 지원

state · Gyeonggi-do Industrial Policy Division

Who qualifies
Small and medium-sized enterprises (SMEs) operating within Gyeonggi-do industrial complexes.
What you get
Subsidy covering up to 50% of monthly rent for qualifying companies.
What it actually costs you
Requires proof of lease agreement and business registration in the complex.
Common gotcha
Limited budget; applications are processed on a first-come, first-served basis.

Living as a resident investor

Gyeonggi-do Childcare Allowance Top-up

경기도 육아지원금

state · Gyeonggi-do Welfare Department

Who qualifies
Residents of Gyeonggi-do with children under the age of 6.
What you get
Monthly cash payment of 100,000 KRW in addition to national child benefits.
What it actually costs you
Requires resident registration in Gyeonggi-do; apply at your local community center.
Common gotcha
If you move out of the province, the benefit stops immediately.

Gyeonggi-do G-Pass (Public Transport)

경기도 G-패스

state · Gyeonggi-do Transportation Bureau

Who qualifies
All residents of Gyeonggi-do using public transportation.
What you get
Refunds of 20-53% on monthly public transport spending depending on usage frequency.
What it actually costs you
Requires a registered G-Pass card and monthly verification.
Common gotcha
You must use the card at least 15 times a month to qualify for the refund.

Gyeonggi-do Medical Expense Support for Low-Income

경기도 의료비 지원사업

state · Gyeonggi-do Health Bureau

Who qualifies
Low-income residents facing catastrophic medical expenses not covered by national insurance.
What you get
Financial aid for surgery and treatment costs up to 3 million KRW.
What it actually costs you
Requires medical certificates and proof of income status.
Common gotcha
Does not cover cosmetic or non-essential procedures.
Gangwon-do강원특별자치도

Gangwon-do offers unique tax incentives and regional development grants for investors looking to tap into the province's burgeoning tourism, green energy, and digital healthcare sectors.

Scaling my business in Gangwon

Gangwon-do Investment Promotion Subsidy

강원특별자치도 투자유치 지원금

state · Gangwon Provincial Government

Who qualifies
Companies relocating headquarters or establishing new manufacturing/R&D facilities in Gangwon.
What you get
Up to 30% of eligible investment costs covered for facility construction and equipment.
What it actually costs you
Detailed business plan, proof of capital, and a minimum 3-year operational commitment.
Common gotcha
The subsidy is often paid in installments based on verified milestones, not as a lump sum upfront.

Gangwon Venture Capital Fund

강원 벤처펀드

state · Gangwon Technopark

Who qualifies
Early-stage startups and SMEs operating within the Gangwon special zone.
What you get
Direct equity investment or low-interest debt financing for scaling operations.
What it actually costs you
Rigorous due diligence and quarterly financial reporting requirements.
Common gotcha
Requires a local presence in a designated Technopark incubator or cluster.

Local Tax Exemption for Strategic Industries

전략산업 지방세 감면

state · Gangwon Tax Department

Who qualifies
Investors in tourism, digital healthcare, or green hydrogen industries.
What you get
50-100% reduction in acquisition and property taxes for up to 5 years.
What it actually costs you
Application filed with the local district office during the initial investment phase.
Common gotcha
Must maintain the specific industrial classification to keep the exemption status.

Regional Employment Subsidy

강원도 고용보조금

state · Gangwon Employment Bureau

Who qualifies
Businesses hiring local residents in high-growth sectors.
What you get
Monthly wage subsidy per new hire for the first 12 months.
What it actually costs you
Proof of local residency for employees and standard payroll documentation.
Common gotcha
Cannot be combined with certain national employment subsidies; check for stacking rules.

Infrastructure and Land Access

Industrial Complex Rental Support

산업단지 임대료 지원

state · Gangwon Development Corporation

Who qualifies
Investors setting up operations in designated provincial industrial zones.
What you get
Subsidized rental rates for land and factory space for up to 5 years.
What it actually costs you
Standard lease agreement and compliance with zone-specific environmental standards.
Common gotcha
Limited availability; sites are assigned on a first-come, first-served basis.

Digital Healthcare Cluster Incentives

디지털 헬스케어 규제자유특구 지원

state · Gangwon Regulation-Free Special Zone Office

Who qualifies
Tech investors focused on remote monitoring and AI-based diagnostics.
What you get
Regulatory sandboxes allowing testing of products that are restricted elsewhere.
What it actually costs you
Participation in mandatory safety audits and periodic regulatory reviews.
Common gotcha
The sandbox status is time-limited; you must prepare for full compliance once the pilot ends.
Chungcheongbuk-do충청북도

Chungcheongbuk-do offers unique tax incentives and land subsidies for investors focusing on the bio-health and semiconductor clusters in the Osong and Ochang regions.

Incentives for my business expansion

Chungbuk Foreign Investment Cash Grant

충청북도 외국인투자 현금지원

state · Chungcheongbuk-do Provincial Government

Who qualifies
Foreign-invested companies investing over $5 million in high-tech industries within the province.
What you get
Up to 20% of the total investment amount covered as a cash grant for facility construction.
What it actually costs you
Detailed business plan, proof of foreign capital remittance, and a 5-year employment commitment.
Common gotcha
The grant is clawed back if the company relocates outside the province within 5 years.

Osong Bio-Valley Corporate Tax Exemption

오송 바이오밸리 법인세 감면

state · Chungcheongbuk-do Economic Bureau

Who qualifies
Bio-tech and pharmaceutical firms establishing R&D centers in the Osong Free Economic Zone.
What you get
100% corporate tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Registration as a tenant in the FEZ and compliance with specific R&D expenditure ratios.
Common gotcha
Only applies to new investments, not the relocation of existing domestic facilities.

Chungbuk Venture Fund Matching

충북 벤처펀드 매칭지원

state · Chungbuk Techno Park

Who qualifies
Startups and SMEs based in Chungcheongbuk-do with high growth potential in tech sectors.
What you get
Matching investment of up to 500 million KRW for qualified projects.
What it actually costs you
Rigorous due diligence and a pitch session before the provincial investment committee.
Common gotcha
The fund requires a local office presence in Cheongju or Chungju.

Industrial Complex Rental Subsidy

산업단지 임대료 지원

state · Chungcheongbuk-do Industrial Promotion Division

Who qualifies
Manufacturing SMEs moving into designated provincial industrial complexes.
What you get
Subsidized rent at 50% of market rates for the first 2 years.
What it actually costs you
Lease agreement and proof of manufacturing operations.
Common gotcha
Limited to specific 'strategic' industrial zones designated by the province.

Networking and local business life

Chungbuk Global Business Concierge

충북 글로벌 비즈니스 컨시어지

state · Chungbuk Global Business Center

Who qualifies
Foreign investors and their families residing in Chungcheongbuk-do.
What you get
Free interpretation services, visa consultation, and administrative support for local business registration.
What it actually costs you
Proof of investment or business intent in the province.
Common gotcha
Service hours are limited to standard government business days.

Cheongju Global Business Lounge Access

청주 글로벌 비즈니스 라운지

municipal · Cheongju City Hall

Who qualifies
Registered business owners and investors in the Cheongju area.
What you get
Free use of meeting rooms, high-speed internet, and networking events.
What it actually costs you
Registration with the city's business portal.
Common gotcha
Meeting rooms must be booked at least 48 hours in advance.
Chungcheongnam-do충청남도

Chungcheongnam-do is a strategic hub for high-tech manufacturing and green energy, offering unique tax incentives and land grants for investors targeting the Yellow Sea economic zone.

Growing my business here

Chungnam Foreign Investment Cash Grant

충청남도 외국인투자 현금지원

state · Chungcheongnam-do Provincial Government

Who qualifies
Foreign-invested companies creating high-value jobs in strategic industries.
What you get
Cash grants covering up to 30% of land purchase or facility construction costs.
What it actually costs you
Detailed business plan, proof of foreign capital inflow, and employment commitment.
Common gotcha
The grant is clawed back if the company leaves the province within 5 years.

Asan Free Economic Zone Tax Exemption

아산 경제자유구역 세제혜택

state · Chungnam Free Economic Zone Authority

Who qualifies
Investors in the Asan/Dangjin industrial clusters.
What you get
100% corporate tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Registration as a FEZ tenant and adherence to specific environmental standards.
Common gotcha
Only applies to new high-tech manufacturing facilities, not existing expansions.

Chungnam Startup Growth Fund

충남 창업성장지원펀드

state · Chungnam Techno Park

Who qualifies
Startups based in Chungnam with a focus on hydrogen or display technology.
What you get
Direct equity investment or low-interest loans up to 500 million KRW.
What it actually costs you
Rigorous technical audit and quarterly financial reporting.
Common gotcha
The fund requires a local office presence in the Techno Park campus.

Logistics and operational support

Dangjin Port Logistics Subsidy

당진항 물류비 보조금

state · Dangjin City Government

Who qualifies
Export-oriented companies using the Dangjin-Pyeongtaek Port.
What you get
Reimbursement of up to 20% of annual international shipping costs.
What it actually costs you
Submission of shipping manifests and export certificates.
Common gotcha
Must be claimed within 60 days of the fiscal year-end.

Chungnam Green Energy Transition Subsidy

충남 신재생에너지 전환 보조금

state · Chungcheongnam-do Energy Division

Who qualifies
Industrial facilities replacing coal-based power with solar or hydrogen systems.
What you get
Up to 50 million KRW subsidy for facility retrofitting.
What it actually costs you
Energy audit report and proof of installation by a certified contractor.
Common gotcha
Strict adherence to provincial carbon-neutral guidelines is mandatory.
Jeollabuk-do전북특별자치도

As an investor in Jeonbuk, you benefit from the region's aggressive push to become a hub for renewable energy and bio-tech, offering unique tax breaks and infrastructure support for local ventures.

Growing my business here

Jeonbuk Investment Promotion Subsidy

전북특별자치도 투자유치 촉진 보조금

state · Jeonbuk Provincial Government

Who qualifies
Companies relocating headquarters or factories to Jeonbuk with a minimum investment threshold.
What you get
Up to 30% of facility investment costs and employment subsidies.
What it actually costs you
Detailed business plan, investment commitment contract, and 3-year audit.
Common gotcha
The subsidy is clawed back if you relocate out of the province within 5 years.

Jeonbuk Venture Investment Fund

전북 벤처투자펀드

state · Jeonbuk Technopark

Who qualifies
Early-stage startups and SMEs based in Jeonbuk focusing on R&D.
What you get
Direct equity investment or low-interest loans for scaling operations.
What it actually costs you
Pitch deck, financial statements, and rigorous due diligence.
Common gotcha
Requires matching funds from private investors in some cases.

Local Tax Exemption for Strategic Industries

전북 전략산업 지방세 감면

state · Jeonbuk Tax Division

Who qualifies
Businesses operating in designated special economic zones for carbon or bio-industry.
What you get
Up to 100% exemption on acquisition tax and 50% on property tax for 5 years.
What it actually costs you
Application through the local municipal tax office.
Common gotcha
Must maintain the specific industrial classification code throughout the exemption period.

Smart Factory Construction Subsidy

전북 스마트공장 구축 지원사업

state · Jeonbuk Provincial Government

Who qualifies
Manufacturing SMEs looking to digitize production lines.
What you get
Up to 50% of the cost for hardware and software integration.
What it actually costs you
Technical assessment and vendor selection approval.
Common gotcha
The software must be compatible with national smart factory standards.

Finding and keeping the right people

Jeonbuk Youth Employment Subsidy

전북 청년고용 지원금

state · Jeonbuk Department of Labor

Who qualifies
Companies hiring residents of Jeonbuk aged 18-39.
What you get
Monthly wage subsidy of up to 600,000 KRW per employee for 12 months.
What it actually costs you
Employment contract and proof of residency.
Common gotcha
Must maintain the employee for at least 6 months post-subsidy period.

Customized Industrial Talent Training

전북 맞춤형 산업인력 양성

state · Jeonbuk Human Resources Development Center

Who qualifies
Businesses needing specialized training for new hires in tech sectors.
What you get
Free training programs tailored to your company's specific production needs.
What it actually costs you
Time spent by staff to define curriculum requirements.
Common gotcha
Training slots are limited and allocated on a first-come, first-served basis.
Jeollanam-do전라남도

Jeollanam-do offers unique tax incentives and infrastructure support for investors focusing on renewable energy, bio-industry, and maritime logistics in the southern coastal region.

Growing my business here

Jeollanam-do Investment Promotion Subsidy

전라남도 투자유치 보조금

state · Jeollanam-do Provincial Government

Who qualifies
Companies relocating or expanding facilities in Jeonnam that meet specific employment and investment thresholds.
What you get
Cash grants covering up to 30% of land purchase costs and 20% of facility construction costs.
What it actually costs you
Detailed business plan, proof of investment capital, and a binding agreement to maintain operations for at least 5 years.
Common gotcha
The subsidy is clawed back if the company fails to meet the promised headcount within the first three years.

Local Tax Exemption for Strategic Industries

전라남도 전략산업 지방세 감면

state · Jeollanam-do Tax Division

Who qualifies
New or expanding businesses in the energy, bio, or tourism sectors within designated special zones.
What you get
Full exemption from acquisition tax and 50-100% reduction in property tax for up to 5 years.
What it actually costs you
Application through the local municipal office; requires certification as a strategic industry participant.
Common gotcha
Exemption only applies to assets used directly for the approved business purpose; secondary assets are taxed normally.

Jeonnam Startup Support Fund

전남 창업 지원 펀드

state · Jeonnam Technopark

Who qualifies
Early-stage startups headquartered in Jeollanam-do with innovative technology.
What you get
Direct equity investment or low-interest loans up to 100 million KRW.
What it actually costs you
Pitch deck, financial statements, and a rigorous technical evaluation by the Technopark committee.
Common gotcha
High competition; requires a clear roadmap for commercialization within 24 months.

Foreign Direct Investment (FDI) Cash Grant

외국인 투자기업 현금지원

state · Jeollanam-do International Cooperation Division

Who qualifies
Foreign investors contributing over 5 million USD in high-tech or R&D sectors.
What you get
Customized cash grants for R&D expenses and personnel training costs.
What it actually costs you
Proof of foreign capital inflow and registration as a foreign-invested enterprise.
Common gotcha
Negotiations are case-by-case; the process is significantly slower than domestic grants.

Logistics and operational support

Gwangyang Port Usage Fee Discount

광양항 이용료 감면

state · Yeosu Gwangyang Port Authority

Who qualifies
Logistics and shipping companies utilizing Gwangyang Port for international trade.
What you get
Reduced port facility usage fees and priority berthing for major cargo lines.
What it actually costs you
Registration with the Port Authority and monthly volume reporting.
Common gotcha
Discounts are tiered based on annual container throughput; small-volume shippers see minimal impact.

Energy Valley Relocation Subsidy

에너지밸리 기업 유치 지원

state · Naju City / Jeollanam-do

Who qualifies
Energy-related companies relocating to the Naju Energy Valley cluster.
What you get
Subsidies for employee relocation and specialized infrastructure installation.
What it actually costs you
Proof of relocation and signed MOU with the local government.
Common gotcha
Must maintain presence for at least 10 years to avoid full repayment of relocation subsidies.
Gyeongsangbuk-do경상북도

Gyeongsangbuk-do offers unique tax incentives and infrastructure support for investors focusing on the region's burgeoning battery, semiconductor, and green energy industrial clusters.

Growing my business in Gyeongbuk

Gyeongsangbuk-do Investment Promotion Subsidy

경상북도 투자유치 보조금

state · Gyeongsangbuk-do Provincial Government

Who qualifies
Domestic and foreign companies investing over 5 billion KRW or hiring 20+ employees in the province.
What you get
Cash grants covering up to 20-30% of land purchase or facility construction costs.
What it actually costs you
Detailed business plan, proof of capital, and a 5-year employment maintenance commitment.
Common gotcha
The subsidy is clawed back if the company relocates outside the province within 5 years.

Pohang Battery Recycling Regulation-Free Special Zone Support

포항 차세대 배터리 리사이클링 규제자유특구 지원

state · Pohang City / Gyeongsangbuk-do

Who qualifies
Startups and SMEs operating within the Pohang battery recycling industrial cluster.
What you get
Exemption from specific environmental regulations and R&D tax credits for battery recycling tech.
What it actually costs you
Compliance with specific safety standards and periodic reporting to the provincial committee.
Common gotcha
Only applies to businesses physically located within the designated special zone boundaries.

Gyeongbuk Startup Accelerator Fund

경상북도 스타트업 액셀러레이터 펀드

state · Gyeongbuk Techno Park

Who qualifies
Early-stage tech startups headquartered in Gyeongsangbuk-do.
What you get
Direct equity investment or low-interest loans up to 200 million KRW.
What it actually costs you
Pitch deck presentation and audit of financial records.
Common gotcha
Requires a matching investment from a private VC to unlock the full fund amount.

Local Tax Exemption for Strategic Industry Investors

전략산업 투자기업 지방세 감면

state · Gyeongsangbuk-do Tax Division

Who qualifies
Companies investing in designated 'strategic industries' (e.g., bio, energy, smart farming) in Gyeongbuk.
What you get
100% exemption from acquisition tax and property tax for 5 years.
What it actually costs you
Application through the local municipal tax office with proof of strategic industry classification.
Common gotcha
Does not apply to existing facilities; only for new construction or expansion projects.

Regional growth and infrastructure

Gyeongbuk Smart Farm Infrastructure Subsidy

경상북도 스마트팜 기반조성 지원사업

state · Gyeongsangbuk-do Agricultural Research & Extension Services

Who qualifies
Investors or farmers building high-tech smart greenhouses in Gyeongbuk.
What you get
Subsidies covering 50% of the cost for smart control systems and IoT equipment.
What it actually costs you
Submission of a technical feasibility study and proof of land ownership/lease.
Common gotcha
Strict adherence to provincial smart-farm technical standards is required to qualify.

Gyeongbuk Tourism Development Low-Interest Loan

경상북도 관광진흥개발기금 융자

state · Gyeongsangbuk-do Culture & Tourism Bureau

Who qualifies
Investors developing cultural tourism facilities or boutique accommodations in Andong and surrounding areas.
What you get
Loans at 1-2% interest rates for facility renovation or new construction.
What it actually costs you
Collateral or credit guarantee from the Gyeongbuk Credit Guarantee Foundation.
Common gotcha
Must be located in a designated 'Tourism Promotion Zone' to be eligible.
Gyeongsangnam-do경상남도

Gyeongsangnam-do is the industrial heartland of Korea, offering unique tax incentives and infrastructure support for investors looking to scale manufacturing and R&D operations.

Scaling my business in Gyeongnam

Gyeongsangnam-do Foreign Investment Cash Grant

경상남도 외국인투자기업 현금지원

state · Gyeongsangnam-do Provincial Government

Who qualifies
Foreign-invested enterprises investing over $5 million in high-tech or manufacturing sectors.
What you get
Cash grants covering up to 20% of investment costs for land, equipment, and facility construction.
What it actually costs you
Detailed business plan, proof of foreign capital remittance, and a 5-year employment commitment.
Common gotcha
The grant is subject to a strict clawback provision if the investment is liquidated within 5 years.

Gyeongnam Small & Medium Business Growth Fund

경상남도 중소기업 육성자금

state · Gyeongnam Credit Guarantee Foundation

Who qualifies
SMEs headquartered in Gyeongnam with a focus on manufacturing or export.
What you get
Low-interest loans with interest rate subsidies (up to 2.5% reduction) for facility expansion.
What it actually costs you
Credit evaluation, business tax records, and local business registration certificate.
Common gotcha
Funds are allocated on a first-come, first-served basis; apply early in the fiscal quarter.

Changwon Smart Factory Implementation Subsidy

창원시 스마트공장 구축 지원사업

municipal · Changwon City Hall

Who qualifies
Manufacturing SMEs located within Changwon industrial complexes.
What you get
Financial support covering 50% of the cost to implement IoT and AI-driven production systems.
What it actually costs you
Technical audit report and proof of matching funds.
Common gotcha
Requires integration with the national Smart Factory portal system.

Gyeongnam Local Tax Exemption for Strategic Industries

경상남도 전략산업 지방세 감면

state · Gyeongsangnam-do Tax Division

Who qualifies
Companies moving into designated Gyeongnam industrial zones in aerospace or hydrogen sectors.
What you get
100% exemption from acquisition tax and 50% reduction in property tax for 5 years.
What it actually costs you
Application through the local municipal tax office during the asset acquisition phase.
Common gotcha
Exemption is void if the facility is repurposed for non-strategic use within the period.

Finding and keeping the right team

Gyeongnam Youth Employment Incentive

경상남도 청년고용 장려금

state · Gyeongsangnam-do Labor Policy Division

Who qualifies
Companies hiring residents of Gyeongnam aged 18-34 on a permanent contract.
What you get
Monthly subsidy of 500,000 KRW per employee for up to 2 years.
What it actually costs you
Employment contract, social insurance enrollment records, and payroll proof.
Common gotcha
You must maintain the employee's headcount for at least 6 months post-subsidy period.

Gyeongnam Industrial Talent Matching Program

경상남도 산업인력 매칭 지원

state · Gyeongnam Technopark

Who qualifies
Investors needing specialized technical staff in robotics or aerospace.
What you get
Access to a curated pool of graduates from local universities with subsidized internship costs.
What it actually costs you
Partnership agreement with Gyeongnam Technopark.
Common gotcha
Interns must be converted to full-time roles to unlock the full subsidy.
Jeju-do제주특별자치도

Jeju offers unique tax incentives and investment support for foreign investors looking to capitalize on its status as a Special Self-Governing Province and tourism hub.

Growing my business on the island

Jeju Investment Promotion Zone Tax Incentives

제주투자진흥지구

state · Jeju Special Self-Governing Province

Who qualifies
Foreign investors investing over $5 million in designated development zones.
What you get
Exemption from corporate and income taxes for 3 years, followed by 50% reduction for 2 years.
What it actually costs you
Requires detailed business plan submission and approval by the Jeju Investment Promotion Committee.
Common gotcha
The investment must align with specific tourism, culture, or technology sectors defined by the province.

Foreign Investment Cash Grant

외국인투자 현금지원제도

state · Jeju Special Self-Governing Province

Who qualifies
Foreign investors creating local jobs or introducing high-tech industries.
What you get
Cash grants covering up to 20-30% of facility construction or rental costs.
What it actually costs you
Requires a binding contract with the provincial government and strict employment quotas.
Common gotcha
If employment targets are not met within the agreed timeframe, the grant must be repaid.

Jeju Startup Hub Support Program

제주창조경제혁신센터 지원사업

state · Jeju Center for Creative Economy & Innovation

Who qualifies
Early-stage startups registered in Jeju.
What you get
Office space, mentoring, and access to local venture capital networks.
What it actually costs you
Competitive selection process; requires a pitch deck and proof of business viability.
Common gotcha
The program is highly competitive and favors businesses that utilize Jeju's unique natural resources.

Jeju Tourism Promotion Fund Loan

제주관광진흥기금 융자

state · Jeju Tourism Organization

Who qualifies
Tourism-related businesses operating within Jeju-do.
What you get
Low-interest loans for facility renovation or business expansion.
What it actually costs you
Requires collateral or credit guarantee from a bank; application during specified annual windows.
Common gotcha
Funds are limited and distributed on a first-come, first-served basis during the application period.

Settling into island life

Real Estate Investment Immigration System

부동산투자이민제

state · Ministry of Justice / Jeju Provincial Government

Who qualifies
Foreigners investing over 1 billion KRW in designated tourism real estate.
What you get
F-2 residency visa for the investor and immediate family, leading to F-5 permanent residency after 5 years.
What it actually costs you
Must purchase approved properties; legal fees for visa processing.
Common gotcha
The property must be in a government-designated 'tourist complex' area.

Jeju Global Education City Support

제주영어교육도시 지원

state · Jeju Free International City Development Center (JDC)

Who qualifies
Families of students enrolled in international schools within the Jeju Global Education City.
What you get
Access to specialized housing and community infrastructure support.
What it actually costs you
High tuition costs; residency in the specific district.
Common gotcha
This is not a direct tuition subsidy but a community and infrastructure benefit for investors living in the zone.
Sejong세종특별자치시

As South Korea's administrative capital, Sejong offers unique tax incentives for corporate relocation and specialized grants for high-tech startups and R&D investors.

Scaling my business in Sejong

Sejong Corporate Tax Exemption Program

세종시 법인세 감면 제도

state · Sejong City Government

Who qualifies
Companies relocating their headquarters or research centers to Sejong City.
What you get
100% corporate tax exemption for 3 years, followed by 50% for 2 years.
What it actually costs you
Requires a formal investment agreement with the city and proof of local hiring.
Common gotcha
The exemption only applies to income generated within the Sejong jurisdiction.

Sejong Startup Growth Fund

세종 창업 성장 펀드

state · Sejong Techno Park

Who qualifies
Early-stage startups registered in Sejong with focus on smart city or bio-tech.
What you get
Direct equity investment or low-interest loans up to 500 million KRW.
What it actually costs you
Detailed business plan and a pitch session to the investment committee.
Common gotcha
Strict reporting requirements on how the funds are utilized for R&D.

Smart City Innovation Grant

세종 스마트시티 혁신 보조금

state · Sejong Smart City Division

Who qualifies
Investors developing IoT or AI solutions for urban infrastructure within Sejong.
What you get
Matching grants covering up to 70% of pilot project costs.
What it actually costs you
Requires a partnership with a local municipal department for testing.
Common gotcha
Intellectual property rights are often co-owned with the city during the pilot phase.

Sejong Office Rental Support

세종시 사무실 임대료 지원

state · Sejong Economic Promotion Agency

Who qualifies
Small and medium enterprises (SMEs) moving into designated industrial zones.
What you get
Monthly rent subsidy of up to 2 million KRW for 24 months.
What it actually costs you
Submission of lease agreement and business registration certificate.
Common gotcha
Only valid for offices located in specific 'Industry Promotion Zones'.

Living and investing as a local

Sejong Citizen Card Benefits

세종시민카드 혜택

municipal · Sejong City Hall

Who qualifies
Registered residents and business owners in Sejong.
What you get
Discounts on public parking, sports facilities, and local cultural events.
What it actually costs you
Free registration via the city portal or local community center.
Common gotcha
Must be renewed annually to keep the benefits active.

Yeominjeon Cashback

여민전

municipal · Sejong City

Who qualifies
Anyone using the Yeominjeon mobile app for local purchases.
What you get
5-10% cashback on purchases at local businesses within Sejong.
What it actually costs you
Requires downloading the app and linking a local bank account.
Common gotcha
Monthly spending limits apply to qualify for the cashback.

Green Building Tax Credit

녹색건축물 세제 지원

state · Sejong Urban Planning Bureau

Who qualifies
Property investors constructing energy-efficient buildings in Sejong.
What you get
Reduction in acquisition tax and property tax by up to 15%.
What it actually costs you
Certification from the Korea Energy Agency is mandatory.
Common gotcha
Requires rigorous energy efficiency audits before and after construction.

Local Talent Hiring Grant

지역인재 채용 장려금

state · Sejong Employment Center

Who qualifies
Companies hiring residents of Sejong for full-time positions.
What you get
Monthly wage subsidy of 1 million KRW per new hire for 6 months.
What it actually costs you
Proof of residency and employment contract for the new hire.
Common gotcha
The employee must maintain residency in Sejong for the duration of the subsidy.