Free Trade Zones
Incheon Free Economic Zone (IFEZ) – Special Economic Zone in South Korea
Incheon Free Economic Zone (IFEZ), South Korea: Korea's largest FEZ, encompassing Songdo, Yeongjong, and Cheongna.
- Type
- Special Economic Zone
- Country
- South Korea
- City
- Incheon
- Established
- 2003
- Nearest port
- Incheon Port
- Nearest airport
- Incheon International (ICN)
Korea's largest FEZ, encompassing Songdo, Yeongjong, and Cheongna.
Special Economic Zone: Geographic regions with economic laws more liberal than the country's typical laws.
Songdo International Business District is a smart city showcase
Benefits
- Tax reductions (corporate, income, property)
- Streamlined administrative procedures
- Foreign language services
- International schools and hospitals
Key industries
- IT
- Biotech
- Logistics
- Finance
- Tourism
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Frequently asked questions
What are the benefits of Incheon Free Economic Zone (IFEZ)?
Tax reductions (corporate, income, property), Streamlined administrative procedures, Foreign language services, International schools and hospitals
Which industries use Incheon Free Economic Zone (IFEZ)?
IT, Biotech, Logistics, Finance, Tourism