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Tenant Information
Procedure
![Procedure](/ftz/daebul/homeEng/images/residence/ttl_0201.gif)
![Interview applicants - Apply for foreigninvested corporation registration - Apply for tenant approval - Approve a tenant - Lease agreement - Install facilities and approve](/ftz/daebul/homeEng/images/residence/img01.gif)
Interview applicants
- UnderArticle 10 of the Act on the Designation and Operation of Free Trade Zone Office, and under Article 7 of its enforcement ordinance, the tenant applicant must be interviewed to ascertain its qualification status.
Apply for foreign-invested corporation registration
- In the case of the applicant’s completion of foreign investment attraction, it should apply for foreign-invested corporation registration within 30 days
- Necessary documents
- Under the Act on Foreign Investment Promotion, one copy of the foreign-invested corporation registration application
- One copy of the proof of foreign currency purchase (deposit and withdrawal)
- One copy of the corporation registration book (personal operator: business registration certificate)
Apply for tenant approval.
- One copy of the tenant application
- One copy of the business plan (including proofs of exports, etc.)
- One copy of the certification as a foreign-invested corporation (applies only to foreign-invested corporations)
- Proofs of permission, approval, licensing, and registration of relevant businessesonly to export- and import-oriented wholesale businesses, logistics businesses, and support businesses)
Review and approve tenant applicants.
- Pursuant to Article 11 of the Act on the Designation and Operation of Free Trade Zone Office, review, ascertain, and approve tenant applicants.
Sign a lease agreement on the state property (land and buildings).
- Within 60 days of the tenant approval date, the tenant should sign a lease agreement with AADFTZ on its self-operated factory site or a standardized factory building.
- Upon signing the agreement, the tenant should - pay the lease guarantee deposit (an amount equivalent to six months of rental). Upon cancellation of the agreement, the deposit will be returned.
Install facilities and approve construction.
- In the case of a self-operated factory, the tenant should get approval for construction within 180 days of the tenant approval, or report the construction within 150 days.
- In the case of a standardized factory, the tenant should complete the installation of facilities within 150 days of the lease agreement date.
Apply for tax breaks on foreign investments
- In the case of a foreign investment in DFTZ, the tenant will benefit from various tax breaks regardless of its business and investment size.
Necessary documents
- Three copies of the application for tax breaks (under the Restrictions to the Special Taxation Act).
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