Is the reduction of tents on state/public properties available for other business rather than the high-tech accompanying business?

  • Reduction of tents on state/public properties available even if the business is not high-tech accompanying business and industry support service business

O In case a foreign-invested company gets lease on the land at the foreign investment district (individual and complex type), rents may be reduced by 100% or 75% if it operates following businesses.

 

– The business a foreign-invested company operates in the individual-type foreign investment district (100%)

– The business which foreign-invested company operates in the complex-type foreign investment district and gets tax reduction decision with the high-tech accompanying business and industrial support service business with more than $ 1 million foreign investment

 

* Tax exemption on the business which receives such tax reduction

– manufacturing business which is operated by more than $5 million in the complex-type foreign investment district (75%)

– Business which is determined by the Minister of Knowledge & Economy through deliberation of the Foreign Investment Committee, Project (75%)

  • When a foreign-invested company get lease on land in the national industrial complex, regional industrial complex, urban high-tech industry and agro-industrial complex, rents may be reduced by 50%.