Industry
FEZ authorities call for continued tax benefits for foreign investors
June 1, 2018
Chiefs of Korean free economic zone authorities gathered Friday to urge the Seoul government to maintain tax benefits given to foreign investors in the districts, amid a move to revise preferential treatment for foreign businesses. During a meeting in Osong, North Chungcheong Province, the heads of seven FEZs across the country -- Incheon, Busan-Jinhae, Gwangyang Bay Area, Daegu-Gyeongbuk, Yellow Sea, East Coast and Chungbuk -- said that if the government makes revisions to minimize the tax bene