Korean Free Economic Zones

where business success formula unfoldsKorea Free Economic Zone
As centers of inernational business where global capital and information gather, the Korean Free Economic Zones offer the ideal management environment for multinational firms.

Incheon FEZ

Gateway to Korea Wide Open to the World
Incheon is turning itself into the business hub of Northeast Asia. The city has a well-established transportation network including Incheon International Airport -- which was ranked first in airport service quality by the Airports Council for 10 consecutive years -- Incheon port and the international business complex. Boasting a highly effective business environment, the IFEZ offers almost everything from logistics and medical services to education and cutting-edge industries.

Gangwon FEZ

Non-ferrous metals cluster and four-season Maritime tourism hub
The EFEZ has rich reserves of nonferrous metals and minerals, which are basic materials for the ultralight material industry. The zone is to host 2018 PyeongChang Winter Olympics. It has created the nation’s largest nonferrous metals cluster and invited a number of leading companies in the related business. Its future prosperity will be based on cutting-edge green materials industries, and an international logistics, using business complex, four-season maritime tourism and the winter sports hub of Asia as leverage.

Gyeonggi FEZ

A hub of innovative growth of new industries in the future
The Gyeonggi Free Economic Zone (GGFEZ), located at the center of the West Coast Economic Belt, consists of three districts—the Pyeongtaek-Poseung (BIX) District for high-tech, logistics, and distribution industries, the Hyeondeok District, and the Siheung-Baegot District for the research and development of unmanned land/sea/air vehicles.

Chungbuk FEZ

Hub of Eco-Friendly IT-Biotech Convergence Industry
The CBFEZ is located at the center of Korea, which allows fast access to inland regions and a transportation network that runs in all directions. It is Korea’s IT-biotechnology convergence industry hub, equipped with a cluster of facilities for solar energy generation, semiconductor manufacturing and biotechnology businesses. It is also turning itself into the hub of Northeast Asia’s aviation Maintenance, Repair and Operations (MRO) industry.

Daegu-Gyeongbuk FEZ

Transforming from manufacturing industrial complex to high-tech convergence medical industrial complex
The world's first partnership labor model(Gwangju-type automobile production plant), Creation of Korea's only national AI convergence complex and advanced industrial complex with easy accessibility, great for Business, best for Investment! Gwangju Free Economic Zone support innovative investment

Gwangyang Bay Area FEZ

For the Future, AI Convergence New-Industry Hub
The Gwangyang Bay Area is located on the Pacific Ocean’s main sea route. Based on this geographical advantage, the area provides business-friendly infrastructure with plentiful supplies of water and electricity. Centering on five districts themed on logistics, manufacturing, housing, tourism and other functions, the GFEZ aims to become an international trade city where new industries and cultural tourism harmonize.

Busan-Jinhae FEZ

Internationally Competitive Logistics Hub
The Busan-Jinhae Economic Zone (BJFEZ) is one of the best distribution hubs in Northeast Asia. BJFEZ, which handles 75% of South Korea's total freight cargo, ranked sixth in the world in terms of container handling capacity and second in transshipment. It has industrial clusters for shipbuilding, auto and machinery and is a home to electric car companies, data centers and many other next-generation digital companies.

Gwangju FEZ

Win-win and AI-based convergence New Industry Hub
GJFEZ is the only'AI Free Economic Zone in Korea' by setting the vision of'a new industrial hub based on win-win and artificial intelligence' and reorganizing the future food industry structure of Gwangju based on'Gwangju-type jobs' and'AI'. Operates as'.

Ulsan FEZ

Northeast Asia Energy Hub Ulsan
Ulsan is pursuing 10 projects to foster the hydrogen industry with the goal of 2030, establishing a production base for 500,000 hydrogen electric vehicles, attracting more than 200 hydrogen specialized companies, and establishing a hydrogen supply chain and charging infrastructure.

Photo News

DEATIL VIEW
  • Incheon (IFEZ) 2024 Cheongna Wine Festival 2024.10.08
    From October 5 (Saturday) to 6 (Sunday), 2024, IFEZ hosted the Cheongna Wine Festival at the Cheongna International City Lake Park. The festival was organized under the theme of "Wine & Tango Travel to South America." It also hosted performances and various hands-on programs to feel the culture and passion of the world as well as South America.
  • Incheon (IFEZ) Yeongjong International City World Food Festival 2024.10.04
    From Sept. 28 (Saturday) to Sunday, 2024, IFEZ hosted the Yeongjong World Food Festival in the Yeongjong International City. With the theme of family, diversity, and eco-friendliness, the festival featured other unique dishes with the theme of noodles from more than 20 countries around the world. Along with the food, the festival also organized various performances, exhibitions, and experience programs to enjoy.
  • Incheon (IFEZ) Cytiva Opening Ceremony 2024.09.30
    On Monday, Sept. 30, 2024, the Incheon Free Economic Zone Authority (Director Yoon Won-seok) held an opening ceremony for the Cytiva Korea Innovation Hub at its facility located in Songdo. The innovation hub, which will be located in Songdo, Incheon, is Cytiva's first production facility in Korea and will consist of a biopharmaceutical production and solution education facility centered on the biopharmaceutical raw material (filter, etc.) manufacturing center.

Professional Material

DEATIL VIEW

Investment Information

Investment Guide

Foreign investment may take one of the various methods under the Foreign Investment Promotion Act and the Act on Designation and Management of Free Economic Zones, including direct investment to construct a factory, implementation of project development works, investment in equity capital, or import of capital goods.

DEATIL VIEW
  • STEP01

    Report Foreign Investment

  • STEP02

    Remit investment fund

  • STEP03

    Register the incorporation of the company

  • STEP04

    Report incorporation and apply for business registration

  • STEP05

    Transfer equlity fund to the company account

  • STEP06

    Register the company as a foreign-invested firm

Major Projects

DEATIL VIEW

There are many various projects in KFEZ activated by global investors and companies.
 

KFEZ Incentive

자세히보기

KFEZ is reducing customs duties, acquisition taxes, and property taxes for foreign-invested companies and developers of development projects in the Free Economic Zone in accordance with related laws such as the Special Act on Designation and Operation of Free Economic Zones and the Restriction of Special Taxation Act.

  • Tax reduction
  • Management activity support
  • Various deregulation
  • Administrative procedure support
  • One-stop service
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  • 2D 지도

    AREA INFOMATION

    Incheon FEZ
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    Incheon is turning itself into the business hub of Northeast Asia. The city has a wellestablished transportation network including Incheon International Airport -- which was ranked first in airport service quality by the Airports Council for 12 consecutive years -- Incheon port and the international business complex. Boasting a highly effective business environment, the IFEZ offers almost everything from logistics and medical services to education and cutting-edge industries.
  • AREA INFOMATION

    Busan-Jinhae FEZ
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    The Busan-Jinhae Free Economic Zone is Northeast Asia's premier logistics hub, built around a new port that is the world's second-largest transshipment port and seventhlargest container port. In addition to intermodal logistics created by a solid logistics infrastructure of ports, airports, and railways, the city also boasts global manufacturing clusters for industries such as shipbuilding equipment, automotive, and machinery. It also hosts a variety of research centers for global emerging industries, such as the bio and medical fields.
  • AREA INFOMATION

    Gwangyang Bay Area FEZ
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    GFEZ is developing into a functional chemicals and advanced new materials industry cluster based on POSCO Gwangyang Steel Mill and Yeosu National Industrial Complex. In particular, a secondary battery cluster is forming around anchor companies specializing in secondary battery materials, such as POSCO Future M. GFEZ also boasts stable industrial infrastructure and a business-friendly environment, such as Gwangyang Port, which is strategically located at the center of Northeast Asia's shipping and logistics hub. Additionally, the cultural tourism industry, which embraces the beautiful natural scenery of the picturesque archipelago, is also developing rapidly, helping make the area an overall more attractive place to live and do business.
  • AREA INFOMATION

    Gyeonggi FEZ
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    The Gyeonggi Free Economic Zone (GGFEZ), located at the center of the West Coast Economic Belt, consists of three districts—the Pyeongtaek-Poseung (BIX) District for high-tech, logistics, and distribution industries, the Hyeondeok District, and the Siheung-Baegot District for the research and development of unmanned land/sea/air vehicles.
  • AREA INFOMATION

    Daegu-Gyeongbuk FEZ
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    The DGFEZ is armed with Korea’s knowledge-based industry and ideal service infrastructure. It offers development land, R&D facilities, commerce and residential areas with a focus on IT convergence, transport components and medical businesses. It is located in the heart of Korea's largest automotive cluster and a center of IT/SW, healthcare and steel industries. The area also boasts high-quality human resources.
  • AREA INFOMATION

    Gangwon FEZ
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    The Gangwon Free Economic Zone (EFEZ) is a special economic zone designed to establish the Gangwon of Gangwon-do as a Pan-East Sea economic hub by promoting global tourism and leisure industries and by developing an international logisti business complex and international city.
  • AREA INFOMATION

    Chungbuk FEZ
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    The CBFEZ is located at the center of Korea, which allows fast access to inland regions and a transportation network that runs in all directions. It is Korea’s IT-biotechnology convergence industry hub, equipped with a cluster of facilities for solar energy generation, semiconductor manufacturing and biotechnology businesses. It is also turning itself into the hub of Northeast Asia’s aviation Maintenance, Repair and Operations (MRO) industry.
  • AREA INFOMATION

    Gwangju Free Economic Zone
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    The world's first partnership labor model(Gwangju-type automobile production plant), Creation of Korea's only national AI convergence complex and advanced industrial complex with easy accessibility, great for Business, best for Investment! Gwangju Free Economic Zone support innovative investment
  • AREA INFOMATION

    Ulsan Free Economic Zone
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    In the Ulsan Free Economic Zone, more than 80 companies and organizations such as the Hydrogen Fuel Cell Demonstration Center, Korea Institute of Energy Research, and UNIST are located in the Ulsan Free Economic Zone.

KFEZ News

Viedo News

KFEZ
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Songdo International City

Yeongjong Area

Cheongna International City

New Port Area

Myeongji Area

Ungdong Area

Jisa Area

Dudong Area

Gwangyang District

Yulchon District

Sindeok District

Hadong District

Hwayang District

Gyungdo District

Pyeongtaek Area - Poseung District

Hyeondeok

Siheung-Baegot

Daegu Technopolis District

International Fashion District

Sinseo Meditech District

Yeongcheon Industry District

Suseong Medical District

Pohang Fusion Tech District

Gyeongsan Knowledge Industry District

Yeongcheon High-tech Park

Bukpyeong high-tech parts multifunctional industrial complex

Mangsang International Multifunctional Tour City

Okgye high-tech material · parts convergence and integration complex

Osong Biovalley

Cheongju Aeropolis

Smart Energy Industrial ZoneⅠ

Smart Energy Industrial ZoneⅡ

AI Convergence District

Future Automotive Industry District

Hydrogen Industry Base District

Electrogen Auto Valley

R&D Business Valley