Occupation in Foreign Investment Zones
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Requirements for Occupation
Category | Complex-Type Foreign Investment Zone | Individual-Type Foreign Investment Zone | Service-Type Foreign Investment Zone |
---|---|---|---|
Qualifications |
Investment of KRW 100 million or more and foreign investment share of 30% or more FDI of 100% or more of the value of the leased site
(within 5 years of the signing of the contract) |
|
|
Ceiling |
Factory building area: base factory area ratio by industry to be met (at least 12%) |
Occupation area ceiling: the amount equivalent to 50% of FDI made by occupants | |
Period | Leased for up to 50 years (renewed every 10 years) |
※ Contracts can be renewed only once within the given period
|