Korean Chips Act

Dear Member,
In the letter sent to our Chamber by TOBB, with reference to the letter dated 06.06.2023 and numbered 85671743 received from the Ministry of Trade, the referenced letter, a copy of which is attached, states that the revision of the law called the Korean Chips Act has been approved by the South Korean National Assembly, and provides information on the corporate tax reduction granted under the said revision to companies investing in semiconductors and other strategic sectors in the country.

Annex: Korean Chips Act

Kind regards,
Elazığ Chamber of Commerce and Industry