WHY Invest in SEOUL
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Center of Global Business
Center of Northeast Asia, connected to over 30 large cities within 3 hours
Top 4 Best Airports for Cargo Handling, Ranked 6th (2020)
The world's 5th largest e-commerce market with a transaction volume of 104.1 billion dollars. -
Optimal Business Environment
Ranked first in ICT penetration rate for three consecutive years (2018-2020)
No.1 in UN E-Government Survey, E-Government Development Index, and E-Participation Index(2020)
70% or more of global brand companies are based in Seoul. -
Abundant and High Quality Manpower
The highest university graduation rate among OECD countries (2021)
Ranked first in the university education system sector in Asia (2018)
Ranked third as a student-friendly city (2021)
Active early adopter and prosumer activities. -
Industrial clusters
Strategically supporting the development of industrial clusters focused on
Seoul's core industries, including research and development, information and communications technology, artificial intelligence, and services.
INCENTIVE
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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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Support projects
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Company Invitation
Call for 2024 FDI All-in-One Package
- Screening Process : 1st
- Invitation Method : Selection after Assessment
- Number of Investors Invited : 0/0(Quota)
- Project Period : 2024-03-04 ~ 2024-12-06
- Application Period : 2024-03-04 00:00 ~ 2024-12-07 00:00
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News
[Review on] Overseas Business Expo 2023 Tokyo
2023.12.15 -
News
[Review on] Seoul and Hub71 partner to foster global innovation
2023.12.11 -
News
[ Review on ] Seoul Forward: Your Next Business Destination (Singapore)
2023.11.22 -
News
[Review on] 2023 Invest KOREA Summit event
2023.11.16 -
News
[Review on] A Big Think 2023 - A business model audition for foreigners
2023.11.15 -
News
A next investment destination, Seoul from Site Selection
2023.11.13
Statistics of Foreign-invested
Companies in Seoul
Industries
- ICT
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BIO
BIO Industries
The city of Seoul is where the most clinical trials for new drug development are conducted in the world.
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R&D
R&D Industries
Seoul nurtures global startups and small and medium-sized enterprises that will lead the future.
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Digital
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Tourism
Tourism Industry
Hidden nature and palaces exist in many buildings, Hanok traditional architecture enhances the charm of Seoul.
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Fashion
Beauty Industry
Musinsa, Mediheal, honey glow mask.. The K-Beauty Unicorn was created and developed in Seoul.
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