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Tenant Information

A shining beacon for investment in global trade! yulchon free trade zones

Tenacy Procedures

Tenacy Procedures

Tenancy Consultation

  • Applicants may consult DMTZ to confirm if they are eligible for tenancy under Article 10 of the Act on Designation and Operation of FTZs and Article 7 of Its Enforcement Ordinance.

Application for Foreign Investor Registration

  • Foreign investors should register with the authorities within 30 days of raising the foreign investment.
  • Required documents
  • - One copy of the foreign investor registration application under the Foreign Investment Promotion Act

    - One copy of the certificate of foreign currency (deposit and withdrawal)

    - One copy of the company's Incorporation Register Book (business registration certificate for private investors)

Application for Tenancy Approval

  • enancy approval application form
  • Business plans (including proofs such as export certificates)
  • Foreign investor registration certificate (applies only to foreign investors)
  • Documents that prove approval, authorization, license, and registration of relevant businesses (applies only to export-oriented wholesale businesses, logistical businesses, and support businesses)

Review and Approval of Tenancy Applications

  • Review and approve tenancy applications in accordance with Article 11 of the Act on Designation and Operation of FTZs

Approval of Facility Installation and Construction

  • Private factories should obtain construction approval within 180 days of their tenancy approval, or should report their construction within 150 days thereof.
  • Standard factories should complete the installation of facilities within 150 days of the lease agreement date.

Foreign Investors' Application for Tax Breaks

  • Foreign investors in FTZ will benefit from various tax breaks regardless of their business type and investment size.
  • Required documents: Three sets of tax break application forms (under the Tax Incentive Limitation Law)