Tax Incentives for Tenant Companies

Tax Incentives for Industrial Complexes, R&D Special Zones, and Free Economic Zones

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Comparison of Tax Incentives for Tenant Companies by Category
Category Urban High-Tech Industrial Complex R&D Special Zone Free Economic Zone
Applicable Laws Industrial Sites and Development Act Special Act on Promotion of Special Research and Development Zones Act on Designation and Management of Free Economic Zones
Eligible Companies Tenant Companies Research Institute Companies / High-Tech Companies / Foreign-Invested Companies / Foreign Research Institutes Foreign-Invested Companies
National Taxes Corporate Tax -

▷ Article 12-2 (2) of the Act on Restriction on Special Cases Concerning Taxation

(For companies designated and registered as Research Institute Companies or High-Tech Companies by December 31, 2028)

100% tax exemption for 3 years + 50% reduction for the following 2 years

-
Customs Duties - - 100% Tax Exemption for 5 Years
Local Taxes Acquisition Tax

▷ Act on Restriction on Special Cases Concerning Local Taxation, Article 78 (5)

35% reduction until December 31, 2028

▷ Gyeonggi-do Provincial Tax Reduction Ordinance, Article 6

Additional 25% reduction

-

-

Individual Local Income Tax -

▷ Article 105 (2) of the Act on Restriction on Special Cases Concerning Local Taxation

(For companies designated and registered as Research Institute Companies or High-Tech Companies by December 31, 2028)

100% tax exemption for 3 years + 50% reduction for the following 2 years

-
Property Tax

▷ Act on Restriction on Special Cases Concerning Local Taxation, Article 78 (5)

35% reduction for 5 years until December 31, 2028

▷ Ansan City Municipal Tax Reduction Ordinance, Article 7

50% reduction for 5 years for urban-type factories in quasi-industrial areas

▷ Ansan City Municipal Tax Reduction Ordinance, Article 7-4 (2)

50% tax reduction until December 31, 2028 for eligible companies and institutions directly using the property for their own business purposes

-

Access to Over 3,500 Testing and Certification Facilities
/ Equipment on Hanyang University ERICA Campus (ASV)

Joint access to advanced research equipment held by ASV institutions and the university (including testing and certification facilities and equipment)

Testing / Certification / Calibration / Analysis / Technical Support / Prototyping

Comprehensive One-Stop Testing & Certification Services

Professors and Researchers

Professors / Researchers

Campus Innovation Park

Equipment Support Platform

External Institutions and Experts

External Institutions / Experts

Utilization of testing and certification facilities and equipment owned by institutions in the cluster

View of LG Innotek Materials & Components R&D Center at Hanyang Univ. ERICA ASV

LG Innotek Materials & Components R&D Center

Move-in DateJune 2006
Total Floor Area21,120㎡
Resident Personnel964
View of Korea Electrotechnology Research Institute (KERI) at Hanyang Univ. ERICA ASV

Korea Electrotechnology Research Institute (KERI)

Move-in DateDecember 2007
Total Floor Area13,200㎡
Resident Personnel130
View of Korea Institute of Industrial Technology (KITECH) at Hanyang Univ. ERICA ASV

Korea Institute of Industrial Technology (KITECH)

Move-in DateJuly 2007
Total Floor Area20,790㎡
Resident Personnel278
View of Gyeonggi Technopark (GTP) Complex at Hanyang Univ. ERICA ASV

Gyeonggi Technopark (GTP)

Move-in DateMay 2003
Total Floor Area53,828㎡
Tenant Institutions103
Resident PersonnelApprox. 1,000
View of Korea Testing Laboratory (KTL) at Hanyang Univ. ERICA ASV

Korea Testing Laboratory (KTL)

Move-in Date1st (July 2004),
2nd (November 2007)
Total Floor Area15,180㎡
Resident Personnel280
Hanyang Univ. ERICA Shared Equipment Center

ERICA Shared Equipment Center

Hanyang Univ. ERICA Institute of Pharmacogenetics

ERICA Institute of Pharmacogenetics

Hanyang Univ. ERICA Smart Manufacturing Learning Center

ERICA Smart Manufacturing Learning Center

Hanyang Univ. ERICA Center for Animal Experimentation

ERICA Center for Animal Experimentation

Advantages of Locating in ERICA

Acquisition of excellent talent through field practice and industry-academia connection

Easy access to highly skilled talent through field practice

Secure a stable pipeline of outstanding talent with practical skills through Hanyang University ERICA’s field practice and industry-academia cooperation programs.

Joint research and technology development cooperation with university researchers

Potential for joint research with university researchers across specialized fields

Collaborate with Hanyang University ERICA’s extensive network of specialized researchers to drive joint research and technology development tailored to corporate needs.

Technology transfer and commercialization support programs

Operation of programs for transferring university patents (technologies) and supporting commercialization

Benefit from systematic support programs that connect the transfer of patents and technologies held by Hanyang University ERICA through to successful commercialization.

Excellent settlement conditions adjacent to large residential areas

Excellent surrounding settlement conditions (adjacent to a residential area with over 20,000 households)

Located adjacent to a residential area with over 20,000 households, offering convenient living and working environments for both companies and employees.

Customized space, land, and support systems for each stage of corporate growth

Customized support tailored to each stage of corporate growth within the university
(Providing spaces, land, and support systems from the startup preparation phase to large enterprises)

Providing comprehensive spaces, land, and support systems necessary for every stage of corporate growth, from startup preparation to growing companies and large enterprises.

Tenant ecosystem based on industry-academia cooperation experience and government support

Over 20 years of industry-academia cooperation experience and strong support from the national and local governments
(Over 250 companies currently residing within the university)

Building an innovative growth ecosystem with over 250 companies, founded on more than 20 years of industry-academia cooperation experience and active support from national and local governments.

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