Support System

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Good Place for Business

1. Reinforcing the National cooperation
and supports
- 1 Cody for 1 enterprise
- Support marketing for invested enterprises
- Operation of T/F team for invested enterprises
- Processing One-Stop Civil Appeal
- Yeonggwang
-gun Committee for making gun which is good for businesses
- Financial Support such as infrastructures
2. System of Cooperation between industry and education institutes - Regional Innovation Center for Leisure and Shipment Business
: High Profitable leisure shipbuilding industries
: Construction of Support System(Daebul University)
- Regional Innovation Center based on IT
: Construction of ship based on IT (Mokpo University)
- Fusion Green Technology Institute Center
: High Profitable knowledge-based industry
: Confirmed technological materials (Suncheon University)
: Biology Institute Center by using industrial accelerator
: Creation of high profitable biologic industries(Dongsin University)
- Development of Vaccine for Humans
: Guaranteeing vaccine base and original technology, development of vaccine (Jeonnam University)

Support System that only Yeonggwang-gun can provide

Only Yeonggwang-gun can provide!
Support SOC construction as making contract for individual land
If prospective enterprises, which can activate regional economy and create high profit, make investment in Yeonggwang-gun, infrastructure can be supported.
We keep the contracts with invested enterprises.
We provide a road which has invested company's name.
Reduction of Electricity Bill
Baeksu, Hongnong, Beopseong Support 200kw(2,500 won/kw)
Other areas of Yeonggwang-gun Support 50% of 200kw(2,500 won/kw)

Operation of Finances and Technology Support System

1. Support for enterprises moving in
Conditions for Application
Korean Enterprises : has invested 2,000,000,000 won, over 20 employees (regular employ)
Enterprises which have moved in from the metropolitan area: All or a part of enterprises which have over 50 employees (regular employ)
Subsidy for Land
Individual Land : When buying over 5,000㎡, 30% of price will be provided (300,000,000 won)
Industrial Complex : 50% of general price
Subsidy for Employment
If there are more than 20 new employees, 500,000 won will be provided for extra person (200,000,000 won) Subsidy for Facilities
If 2,000,000,000 won is increased, 2% of excess over 2,000,000,000 won will be provided.
Moving Subsidary
Moving in of factories : 10%(200,000,000 won) of moving expenses
Moving in of Head Offices: When there are more than 10 employees, each employee will get 300,000 won from 11th employee.
Moving Subsidary
the corporation tax, the income tax 50% off for 4 years ( 5 years for enterprises moved from the metropolitan areas)
acquisition tax, registration tax Exemption for 2 years (Exemption for enterprises moved from the metropolitan areas)
property tax 100% off for 15 years
2. Special supports for large invested enterprises

When over 50,000,000,000 won is invested or more than 300 employees are working in a day, special support will be provided.

3. Loans for small and medium enterprises
Fund for the commencing new businesses and reinforcing existed businesses
Within 1,300,000,000 won(Facilities 1,000,000,000, Operation 300,000,000 won)
※ Within 3,500,000,000 won for enterprises moving in Daebulsandan (Facilities 3,000,000,000 won, operation 500,000,000 won)
Fund for the new venture business : Within 400,000,000 won (Facilities 300,000,000 won, Operation 100,000,000 won)
Fund for stable management: Within 400,000,000 won (2.5% of second maintenance interest)

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