south korea eases conditions for incentives to foreigninvested firms
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

South Korea eases conditions for incentives to foreign-invested firms

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Arab Today, arab today South Korea eases conditions for incentives to foreign-invested firms

Germany's firm
Sejong - Yonhap

South Korea will lower the requirements for foreign-invested firms to receive financial incentives as it seeks to attract over US$20 billion in fresh foreign direct investment (FDI) for the first time, the government said Sunday.
Currently, FDI in any given company or joint venture must be at least twice the value of the land borrowed inside a foreign investment zone (FIZ) in order for the company to qualify for the special rental rate, which is 1 percent of the land value, according to the Ministry of Trade, Industry and Energy.

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south korea eases conditions for incentives to foreigninvested firms south korea eases conditions for incentives to foreigninvested firms

 



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south korea eases conditions for incentives to foreigninvested firms south korea eases conditions for incentives to foreigninvested firms

 



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