Incheon Free Economic Zone (IFEZ)
Incheon Free Economic Zone (IFEZ) is a Special Economic Zone located in Incheon, South Korea, established in 2003, regulated by the Incheon Free Economic Zone Authority (IFEZ).
Key Facts
| Type | Special Economic Zone |
|---|---|
| Location | Incheon, South Korea |
| Year Established | 2003 |
| Area | 5200 hectares |
| Companies | 3,860 |
| Governing Authority | Incheon Free Economic Zone Authority (IFEZ) |
| Status | active |
Investment Incentives
Tax reduction (customs duties, acquisition taxes, property taxes), Management activity support, Various deregulation, Administrative procedure support, One-stop service, Business hub for international organizations and companies, Attractive city to enter East Asian market, Center of logistics and transportation, Best living environment for quality life
Sector Focus
Incheon Free Economic Zone (IFEZ) hosts businesses specialising in Manufacturing, Services, and Technology.
About Incheon Free Economic Zone (IFEZ)
Incheon is turning itself into the business hub of Northeast Asia. The city has a well-established transportation network including Incheon International Airport -- which was ranked first in airport service quality by the Airports Council for 12 consecutive years -- Incheon port and the international business complex. Boasting a highly effective business environment, the IFEZ offers almost everything from logistics and medical services to education and cutting-edge industries.
Frequently Asked Questions
What type of zone is Incheon Free Economic Zone (IFEZ)?
Incheon Free Economic Zone (IFEZ) is a Special Economic Zone.
Where is Incheon Free Economic Zone (IFEZ) located?
Incheon Free Economic Zone (IFEZ) is located in Incheon, South Korea.
When was Incheon Free Economic Zone (IFEZ) established?
Incheon Free Economic Zone (IFEZ) was established in 2003.
Who regulates Incheon Free Economic Zone (IFEZ)?
Incheon Free Economic Zone (IFEZ) is regulated by the Incheon Free Economic Zone Authority (IFEZ).
What sectors operate in Incheon Free Economic Zone (IFEZ)?
Incheon Free Economic Zone (IFEZ) hosts businesses in Manufacturing, Services, and Technology.
What are the investment incentives at Incheon Free Economic Zone (IFEZ)?
Tax reduction (customs duties, acquisition taxes, property taxes), Management activity support, Various deregulation, Administrative procedure support, One-stop service, Business hub for international organizations and companies, Attractive city to enter East Asian market, Center of logistics and transportation, Best living environment for quality life