Other subsidies(relocation to Gyeongsangnam-do)
Other Subsidies(Relocation to Gyeongsangnam-do)
Investment in enterpriserelocation to Gyeongsangnam-do
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Eligibility | ① An enterprise that signed MOU with the province or the relevant City·County ② An enterprise that operated in Korea for 1 year or more and relocates its head office, factory, research center, etc. to Gyeongsangnam-do |
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Requirements | ① Invest KRW 5 billion or more: and employ 20 or more full-time employees in the invested business establishment ② Existing business establishment: should be closed or sold before the completion of the Investment |
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Eligible Business Types | Manufacturing, ICT, Knowledge service |
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Benefits | Within 5% of facility investment(up to KRW 1 billion) ※ Additional support may be provided based on investment areas and the number of employees |
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Caution | Should return the full amount if unable to meet the support criteria(investment and the number of employees) within the implementation period(3year) |
Relocation of Head Office to Gyeongsangnam-do
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Eligibility | ① An enterprise that signed MOU with the province or the relevant City·County ② An enterprise that relocates its head office to Gyeongsangnam-do |
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Benefits | KRW 300,000 per employee at the head office exceeding 10( up to KRW 200 million) |
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Application Deadline | 1 year from the relocation date of the head office |