Investment Environment - Business Environment - Living Environment Key Projects

Contents Investment Environment - Business Environment - Living Environment Key Projects - Digital Media City - Magok R&D City - IFC Seoul - Yongsan International Business District - Garden 5 Incentives & Support Systems - Incentives for Foreign Investment - Support Details

Investment Enviroment

Gateway of Northeast Asia / Huge market of 2 billion people.

40 min

1hour

Gateway of Northeast Asia / Huge market of 2 billion people

Seoul's Living Environment Convenient Living Environment Improving the Education Environment - 21 international schools in Seoul with three more set for completion by 2012 Housing and Medical Services - Broad range of city and private provided housing capacity - 24-hour and multi-language medical services Globalization Project - 15 global zones, global streets within global zones, Global Center for expats, improved street signage system

Garden 5

Culture and shopping complex Garden5

500 Companies / 60,000 Employees(by 2015)

500 Companies / 60,000 Employees(in 2015)

DMC Landmark Building

The world's biggest building in terms of gross floor area (9BF~133F, 656m) The 1st platinum-grade green building in Korea

500 Companies / 60,000 Employees(by 2015)

Garden5

Investment Opportunity : 3 specialized shopping centers, 1 logistics center and 1 revitalization complex A huge culture and shopping complex Garden5

To revitalize the regional economy by supporting special stores

Incentives for Advanced Tech and Industry Support Services Eligibility High-tech and/or industry support service businesses Incentives  National Tax : 100% Exemption for the first 5 years,

50% reduction for the following 2 years

 Customs Tariff : Exemption for capital goods imported and declared within 3 years of the initial investment notification

Incentives for Foreign Investment Zones (FIZs) Eligibility Area designated as a foreign investment zone Incentives  National Tax : Exemption for the first 5 years,

50% reduction for the following 2 years

 Other : Exemption on various construction-related charges, support for infrastructure construction

Support for Foreign Investment by Seoul Metropolitan Government Tax Exemption Tax exemption and/or reduction, public property purchase and/or lease rate reduction

Cash Grant Subsidy for construction & expansion of factories and research facilities and employment & employee training

eoul International Business Advisory Council(SIBAC), Foreign Investment Advisory Council(FIAC) : Opinions & suggestions on investment-related policies

eoul Global Center : Support for foreign business activities in Seoul Seoul Global Center provides 4 on living in Seoul one-stop 1 administrative service info 2 5 assistance in doing business in Seoul programs on Int’l exchange 3 support for foreign migrant workers

Contact Information

Investment Promotion Division Tel : +82 2 2171 2794~5 (Minsook Kim, Jiwon Oh) e-mail : [email protected] Address : Investment Promotion Division, Press Center Building 3rd floor, 25 Taepyeongno 1-ga, Jung-gu, Seoul 100-750, Republic of Korea