Support Measures of Jeonbuk State
Support Measures of Jeonbuk State Support Type, Support Standard, Support Content, Limit
| Support Type |
Support Standard |
Support Content |
Limit |
| Location Subsidy |
- difference between the normal rent of the land (sales price) and discounted rent (sales price)
※ Within 10 years from the initial payment date
|
within 50% of normal sales price |
within the budget |
| Investment Subsidy |
- construction costs, facility and equipment costs, infrastructure installation costs and etc.
- cannot be granted together with location subsidy
|
within 10% of investment amount more than a billion won
※ employ coefficient application |
5 billion won |
| ※ For large-scaled investments (possible grant of location + facility) |
※ within 5% of investment amount more than a billion won 1 |
| Employment Subsidy |
- new or regular employment of more than 20 provincial residents (address on resident registration on the date of application)
|
a million won/month, 6 months range per person exceeding 20 |
1 billion won |
| Training Subsidy |
- new employment training of more than 20 provincial residents (address on resident registration on the date of application)
|
500 thousand won/month, 6 months per person exceeding 20 |
0.5 billion won |
Jeongeup's Support Plan
Jeongeup's Support Plan Support Type, Support Standard, Support Content, Limit
| Support Type |
Support Standard |
Support Content |
Limit |
| Location Subsidy |
- difference between the normal rent of the land (sales price) and discounted rent (sales price)
※ Within 10 years from the initial payment date
|
within 30% of normal sales price within 50% of normal rent |
within the budget |
| Investment Subsidy |
- construction costs, facility and equipment costs, infrastructure installation costs
- construction costs for non-residential building
- civil engineering structure costs (road, port, water and sewage, electricity, communications and etc.)
- machine, gear and etc. costs among equipment investment (including research apparatus and S/W purchases)
|
within 2% of investment amount more than 5 billion won |
2 billion won |
| Employment Subsidy |
- new or regular employment of more than 20 citizens of Jeongeup (address on resident registration on the date of application)
※ number of new employees within 3 years from the business commencement date
|
500 thousand won/month, 6 months per person exceeding 20 |
200 million won |
| Training Subsidy |
- new employment training of more than 20 citizens of Jeongeup (address on resident registration on the date of application)
※ number of new employees within 3 years from the business commencement date
|
100 - 500 thousand won/month, 6 months per person exceeding 20 |
200 million won |
