Invest Seoul

Invest Seoul 서울투자청

WHY Invest in SEOUL

Center of Global Business
Center of Northeast Asia, connected to over 30 large cities within 3 hours
Incheon International Airport located near Seoul for the past 12 years
Ranked in the top 5 for the best airports
83 domestic and international airlines service 175 cities in 54 countries
Abundant and High Quality Manpower
70% proportion college graduates in Korea
No. 3 global ranking of the best cities in which to study
Seoul is ranked 10th in the Global Urban Talent Competitiveness Index
Optimal Business Environment
No. 1 global ranking in the 2021 Bloomberg Innovation Index
High-speed 5G communication network, free public Wi-Fi, etc.
The world's best digital city, the center of the R&D industry
Industrial clusters and
Key business areas
About 820,000 businesses are located in Seoul
comprising 5.21 million employees

01Cash Grants

For Foreign Direct Investment that has a significant effect on the Korean economy,the state or a local government may provide the foreign direct invested company with cash grants to partially support the funds required for its business operation
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02Subsidies

Local governments may grant an employment subsidy and an education and training subsidy in consideration of the employment scale and the impact on the development of the local economy.
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03Tax Exemption

In cases where a foreign investment meets the following requirements, the relevant investment can be exempted from acquisition tax and property tax on real estate in accordance with the Restriction of Special Local Taxation Act.
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04Business Centers

Seoul Metropolitan Government operates 257 rooms at 10 sites to lease places of business for foreign direct invested companies.
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