IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2011 | Removal date: open ended
Still in force

FDI: Financial incentive

In addition, a tax incentive has been introduced for foreign firms that create jobs in Korea. Foreign firms will be able to claim an incentive equivalent to 10 million KW per job created, up to a maximum of 20 percent of the total investment associated with the job creation in Korea.

AFFECTED COUNTRIES

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