1. Roles of investment support agencies
In order to provide prompt and appropriate service to companies that hope to invest in Gwangju City, the city has established an investment promotion committee composed of local enterprises, economic organizations, academic organizations and research institutes.
To provide systematic support to the investment promotion committee, which is centered on the private sector, the city created a investment advisors' group made up of experts from across the nation. In addition the city established and operates an investment promotion task force, which has been expanded by additional civil servants.
Investment consulting
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Provision of information on investment environment
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Provision of advice on related laws, as well as accounting and taxation systems related to foreign investment in Korea
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Provision of advice on financing and subsidies
Provision of guidance on the selection of property by investors
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Provision of information for the selection, purchase and use of property to construct a factory
Introduction to business partners
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Introduction to business partners for joint investment
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Assistance for companies seeking M&A target
Improvement of investment environment
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Development of incentives and projects
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Operation of Foreign Investment Service Center
Administrative support
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Provision of support for processing foreign investment applications, as well as methods for gaining approval and permission of various types
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Solutions to problems in business activities
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Provision of language services (interpretation, translation and composition of contract agreements in foreign languages)
Investment consulting
