경기평택항만공사

Site for the Port Hinterland

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Site for the Port Hinterland

HOMEMain ProjectSite for the Port Hinterland

Lease Information

Property to be Leased

<Property to be Leased>
Location Phase 1 Hinterland near Singyeong-ri, Poseung-eup, Pyeongtaek City, Gyeonggi Province
Area 997,835m2of the Phase 1 Hinterland distribution complex

Lease Property Map

Lease Property Map

Leasing Conditions

Leasing Conditions: a long-term notification-based lease, where the tenant companies provide their own facilities and then operate

※ The facilities to belong to the government or be removed to restore the original condition of the land upon expiration of the lease period.

Lease Period: 30 years (may be extended up to 20 years)

※ Renewal allowed every 3 years.

Leasing Fees

Leasing Fees
Category Conditions Fees Period Applied
Basic leasing fee Must be a company selected to operate on-site 700 KRW/㎡ (monthly) (8,400 KRW yearly)

3 years
Premium fee A foreign-invested company operating in distribution and logistics as per the Free Trade Zone Act 500 KRW/㎡ (monthly) (6,000 KRW yearly)
Fee based on declared value - A company operating on-site that fail to perform their initial business objectives
- A local company not benefitting from the basic or premium leasing fee schedules
Declared value × 50/1,000 (National Properties Act)
Differential application of premium fee Discount A foreign company with investment amounting to USD 5 million or above 50% for 5 years for each period
Exempt A foreign company with investment amounting to USD 10 million or above Exempt for 5 years
A foreign company with investment amounting to USD 15 million or above Exempt for 7 years
A foreign company with investment amounting to USD 30 million or above Exempt for 10 years
A foreign company with investment amounting to USD 50 million or above Exempt for 15 years

Project Implementation Deposit: Sum amount of 5% of the total project costs

Lease Hold Deposit: leased land area (㎡) × 5,000 KRW

Incentives for Foreign-Invested Firms

  • - Exemption or refund of customs tariffs, etc.: Tariffs, transportation tax, VAT, state tax, etc. exempt as per Article 45 of the Free Trade Zone Act
  • - Beneficiary: Foreign-invested firms operating in a free trade zone, i.e., manufacturer with investment amounting to USD 10 million or above, or distribution & logistics firm with investment of USD 5 million or above, to enjoy breaks from corporate tax, income tax, acquisition tax, registration tax, and property tax

<Exemption Ratio >

Exemption Ratio
Type of Tax Period and Ratio Related Laws & Regulations
National Tax corporate tax, income tax 100% for the 1st 3 years followed by 50% for the next 2 years Article 121.2, Restriction of Special Taxation Act
Local Tax acquisition tax, registration tax 100% for the 1st 15 years Gyeonggi Province ordinance
property tax 100% for the 1st 15 years Pyeongtaek City ordinance

※ The ratios to be determined by the amounts of foreign investment.

Tenant Qualifications

A business defined as per Article 10.1.1 or Article 10.1.3 of the Act on Designation and Management of Free Trade Zones and Article 7.1 or Article 7.4 of the Enforcement Decree of the Act on Designation and Management of Free Trade Zones

메뉴관리 담당부서항만운영팀 담당자홍진우 전화번호031-686-0674 팩스031-686-0642

경기평택항만공사

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10F Marine Center 570-1 Manho-ri, Poseung-eup, Pyeongtaek City, Gyeonggi Province 451-821 Replublic of Korea

TEL. 82-31-686-0600FAX.82-31-686-0641

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