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Individual Business
Investment Procedure for Individual Businesses
  • With a total area of 122.43㎢ and the capacity to house 538,000 people, the Incheon Free Economic Zone is a large-scale project. Various facilities are planned to be developed in the three districts. In addition to the implementation of development projects, industrial complexes, logistics facilities and many other projects are in progress.
  • Therefore, detailed project plans related to the construction of apartments, distribution centers and commercial facilities, hotels and business facilities should be implemented in line with pertinent individual laws. For this, IFEZ endeavors to provide full support services for timely project implementation.
Common Housing (Apartments)

Investor's application for business approval

Preliminary evaluation by relevant departments

Approval of business plan application

Self-review and consultation with related agencies

Issuance of business plan approval

Construction commencement

Recruitment of tenants

Approval of use and registration of building management target

General buildings (Department stores, etc.)

The owner's application for business approval

Preliminary review prior to construction

Application for a building permit

Self-review and consultation with related agencies

Issuance of building permit

Construction commencement and use approval

Tourist Hotels

Application for approval of the business plan

Approval of business plan

Commencement and completion of building permits

Application for registration

Registration Review Committee Deliberation

Opening of business

Medical Institutions

Application for permission to open a medical institution

Review of opening permit

Permission to open a medical institution
(Issuance of Permit)