Effective from January 1, 2019, most tax incentives concerning corporate and personal income tax for foreign investors have been nullified. To compensate for this change, the Korean government announced to drastically increase the provision of cash grants. In order to enhance members awareness of such change and the procedures involved, ECCK organized a webinar on September 24. During this webinar, Mr. Min Jae Lee, Partner at BDO Sunghyun LLC provided an overview of the various types of FDI incentives made available by the Korean government, before focusing on the cash grant. Mr. Lee explained in detail for what purposes tax grants are made available and which conditions apply for each specific purpose. He continued to explain all steps of the application procedure, the required documents in order to facilitate participating members to apply and receive such tax grants. The webinar ended with an interactive discussion between Mr. Lee and the audience.