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Qualifications for Participation in Investment and Businesses of IFEZ

  • Foreigners, foreign corporations, and international financial institutions are allowed to run businesses within IFEZ.
  • Businesses can be implemented as an individual, corporation, or foundation after having the qualifications confirmed for business implementation.
  • To be designated as a business performer in IFEZ, the following standards must be met.
Qualifications for Participation in Investment and Businesses of IFEZ - Category, Manufacture, Development
Category Manufacture Development
Qualification
  • New factory investment
  • Investment through stocks, share acquisition, and long-term loans
  • Sole ventures with foreign investment corporations or joint ventures with domestic corporations
  • Ability to attract foreign investment
  • Financial solvency and fund procurement capability
  • Experience in similar developments
  • Businesses recognized by the Ministry of Finance and Economy for smooth business implementation *Clause 8 No. 3 of Special Acts related to the designation and operation of Free Economic Zones (Appointed by the development business performer)
Preferences
  • High-tech industry (IT, BT, etc.)
  • R&D, technology introduction/transfer business
  • Establishment of Asia headquarters, etc
  • Distribution facilities
  • Tourism/leisure industry
  • Living support for foreigners(foreign schools, hospitals, etc.)
  • Development business site within IFEZ (separate)
Location
  • Residency of various industrial complexes within IFEZ
  • Development business site within IFEZ (separate)

Foreign Investment Guideline

  • Able to participate in sole and joint investments through direct investment (acquisition of new and old stock)
  • Protected by the law when participating in investments and business activities
  • Direct investment in new factories, implementation of development business, share investment and introduction of capital goods, etc.
  • (In accordance with the Foreign Investment Promotion Act and Acts related to the designation and operation of Free Economic Zones)
  • Joint investment with domestic corporations is allowed.

Participation Guideline for Investors

Participation Guideline for Investors - Participation Guideline, Remarks
Participation Guideline Remarks
Business Performer
  • Business implementation through sole and joint investments

    ※Applicable to direct investment in new factories in manufacturing

  • Major investors and master developer
Joint Performer
  • Business participation through internal agreements such as joint implementation agreements
  • Joint implementation through joint investment, etc
  • Business participation through internal agreements such as joint implementation agreements
  • Joint implementation through joint investment, etc.
Share Investment
  • Investment through new stock issuance and old stock acquisition of SPC
    • Various M&A strategic alliances, etc.
    • Financing and direct investment in SPC through institution investment
  • Domestic corporations are allowed to participate
  • Public corporations/institutions are allowed to own shares of 20% or lower within SPC
Long-Term Lease Investment
  • Investment through long-term lease investment of over five years in SPC
  • Equipment financing introduction based on the above standards
  • Borrower : direct investor, parent company of investor
Capital Reinvestment
  • Introduction and investment of equipment, devices, raw and subsidiary materials
  • Introduction of Capital Goods through business plans
Operation Executive
  • Participation as an SPC management operation executive or private facility operation executive
  • Business participation range is decided through discussion with SPC
Tenant
  • Developed facilities can participate as occupants and direct users
  • Participation as shareholders through consultation with SPC
  • Details : to be discussed with SPC
Technology Transfer
  • Value evaluation and direct investment regarding technology introduction, provision, and transfer
  • To be discussed with SPC
Research Corporations and Foundations
  • R&D facilities, hospitals, schools, etc
  • Joint foundation is allowed with domestic related organizations