K&P Law Firm in Songdo, Incheon, south Korea is t a law firm which provide an English legal service in Incheon. We provide various advice for foreigners. Tel. +82 32 864 8300 Email: info@kimnpark.com Please Visit our Website: www.kimnpark.com our new blog: https://knplawfirm2.tistory.com/
In cases where foreign investment satisfies certain conditions, the central and local governments of Korea provide cash grant for the construction of a new factory, etc. In the process, the Korean government takes into account whether the relevant foreign investment accompanies high technology, the effect of technology transfer, the size of job creation, whether the foreign investment overlaps with domestic investment, the propriety of the location in which the foreign investment is made, etc. 1. Qualifications and Purposes of Cash Grant 2. Cash Grant Application Procedure 3. Follow-up Management of Cash Grant 2-1 Overview of Cash Grant (1) Qualifications and Purposes of Cash Grant Foreign investment shall meet the following requirements and its foreign investment ratio shall be over 30% to be eligible for cash grant. In case of new construction or expansion of factory facilities (workplaces for non-manufacturers) to be engaged in the industry su...
Partner, Attorney Taejin Kim Taejin Kim specializes in business counseling, criminal litigation, intellectual property, tax, customs, and legal services for foreigners. As a public prosecutor, he mainly dealt with cases relating to tax, customs, and foreign exchange matters, and U.S. Forces crimes. With his wide experience in these areas, Attorney Kim maintains a strong interest in international transaction and criminal law. Attorney Kim has an excellent record in criminal litigation, securing not guilty verdicts in many high profile cases, such as the widely reported ‘octopus’ murder case and a Chinese murder case. Attorney Kim is especially interested in intellectual property rights. As such, he represented a mid-sized company whose business secret had been stolen by a conglomerate. He successfully won the civil and criminal cases brought against the company, and as a result the Seoul Metropolitan Police Agency obtained a search and seizure order against the cong...
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