JDC Project Investment Guide

Invest in The Future of Jeju JDC Project Investment Guide Part 02. Jeju Special Self-Governing Province Investment in Attraction 18 19 4. Application Process Investment Process Incentive Payment Process Application Period for Local Investment Promotion Subsidy System ◊ Settlement Subsidy: Within 1 year from the date of signing the location (transition) contract, but within 3 months from the date of construction report if the filing date comes 3 months in prior. ◊ Facility Investment Subsidy: Within 3 months from the reporting date of construction PROCESS 7 Company Jeju 1) 1 00% of settlement subsidy 2) 7 0% of facility investment subsidy * Reporting of construction: 1 year from the date of notification that subsidy support is applicable PROCESS 8 Company Jeju Submission of settlement statement upon completion of the investment PROCESS 9 Province (Industrial Complex Corporation) 1) R eview of settlement application 2) o n-site verification of the business site PROCESS 10 Jeju Company Provision of 30% of facility investment subsidy PROCESS 11 Company Jeju Project implementation management (5 years) and inspection (once a year) PROCESS 1 Company Jeju Prior consultation and MOU signing PROCESS 2 Company Jeju Application for subsidy support considering the start date of construction PROCESS 3 Jeju Feasibility analysis and application review PROCESS 4 Jeju Ministry of Industry Subsidy application PROCESS 5 Industrial Complex Corporation On-site due diligence / briefing PROCESS 6 Jeju 1) F inal decision for feasibility analysis 2) D ecision on support and subsidy amount STEP 1 Potential investor STEP 2 Investment consultation (JDC) STEP 7 Licensing support STEP 5 Signing of a letter of intent for investment and MOU STEP 4 Provision of materials and on- site visits STEP 6 Investment decision, conclusion of the contract STEP 3 Investment type analysis (industry, scale, methods, etc.) ※ Please refer to p. 57 for the establishment process of international schools. ※ Since this is only a summary, please contact the Investment Promotion Division of Jeju Provincial Office for more details. ※ Please be sure to check the relevant regulations when conducting actual work as investment-related systems and regulations may be subject to change.