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Corporate Investment Promotion and Support System

Corporate Investment Promotion and Support System

  • Legal Basis: Incheon Metropolitan City Ordinance on the Promotion of Corporate Investment
  • Eligibility: Support extended within the available budget pending deliberation by the Investment Promotion and Planning Committee
Subsidy Support Criteria
Geomdan New Town Logistics and Distribution Facilities Site

Sort, Organization, Area, Note 로 구성된 표

Sort Support Criteria Support Amount
Ratio Limit
(Per Company)
Employment subsidy
  • Company employs 30 or more new employees (employees must be registered as an Incheon resident) Up to 6 months, per additional person above 30 employees
KRW 500,000/month KRW 600 million
Employment grant
  • Company has employed 50 or more full-time employees over the past 3 years including technicians, workers, laborers with 5 or more years of experience Up to 6 months, per person
KRW 500,000/month KRW 500 million
Education and training subsidy
  • Company provides education and training for 30 or more employees for 1 or more months Up to 6 months, per additional person above 30 employees.
KRW 500,000/month KRW 300 million
Rent
  • Company employs more than 30 employees (employees must be registered as an Incheon resident)
Up to 25% KRW 200 million
Facilities subsidy
  • Company invests KRW 5 billion or more
2% KRW 1.5 billion
Major investment subsidy
  • Investment company that invests KRW 100 billion or more, and employs 300 or more full-time employees
  • High tech company that invests KRW 300 billion or more, and employs 100 or more full-time employees
  • Company that employs 100 or more employees deemed necessary to bring to Incheon by the Mayor
    • Local income tax (limited to taxation on income)
2% KRW 1.5 billion
Facilities subsidy
  • New and expanding companies
    • Company has been in business in Incheon for 5 or more consecutive years
    • Company employs 50 or more full-time employees
    • Company has invested KRW 30 billion or more
    • Company has created 50 or more jobs
2% KRW 1.5 billion
KOGL: Source Indication (Type 1)

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