Jungnang-gu to Open Online Applications for Self-Employed Survival Funds from the 25th... 1.4 Million KRW Support

Online Registration by 5-Day Rotation from the 25th, On-Site Registration by 10-Day Rotation from June 15... Applications Also Accepted via Mobile Phones

[Asia Economy Reporter Park Jong-il] Jungnang-gu (Mayor Ryu Kyung-gi) will provide a monthly cash payment of 700,000 KRW for two months as "survival funds" to small business owners and self-employed individuals in the area who are struggling due to the COVID-19 crisis.

The eligibility criteria are as follows: ▲ Annual sales under 200 million KRW in 2019 ▲ Business registered in Jungnang-gu according to the business registration certificate ▲ Operating for more than six months as of the end of February this year (business started before September 1, 2019) ▲ Must be actively operating as of the application date. However, certain industries such as entertainment establishments, gambling, leisure, speculation, and real estate rental businesses are excluded. It is expected that a total of 24,790 small business operators in Jungnang-gu will be eligible for support.

Applications for the survival funds can be made both online and offline. Starting from the 25th, online applications will open on the Seoul City Self-Employed Survival Fund website. Applicants can apply via PC or mobile without submitting documents, by verifying identity and entering their business registration number. On weekdays, applications will be accepted according to a five-day rotation based on the last digit of the birth year, while on weekends, applications will be accepted from everyone.

From June 15, on-site applications will also be accepted. Applicants should bring the application form, ID card, a copy of the business registration certificate, and a copy of their bankbook to one of the seven Woori Bank branches located in Jungnang-gu or to the first-floor lobby of Jungnang-gu Office. If the applicant cannot visit in person, proxy applications are allowed with a power of attorney. To facilitate smoother processing, a ten-day rotation system will be implemented, starting on the 15th with business owners whose birth year ends in ‘0’, followed by ‘1’ on the 16th, ‘2’ on the 17th, and so forth. However, on the last two days, June 29 and 30, applications will be accepted from anyone.

The self-employed survival funds cannot be received concurrently with the Seoul City special support fund for special employment and freelancers, but can be received together with the government emergency disaster relief fund or the Seoul-type emergency living expenses.

The final recipients will be determined after reviewing administrative data from the Seoul Regional Tax Office, National Health Insurance Corporation, and other sources.

For more detailed information, visit the Seoul City Self-Employed Survival Fund website or the Jungnang-gu Office website, or contact the 120 Dasan Call Center or the Jungnang-gu Self-Employed Survival Fund Call Center.

Mayor Ryu Kyung-gi of Jungnang-gu stated, “Those who meet the eligibility criteria should be sure to apply by the deadline of June 30. Since this survival fund for the self-employed will be paid in cash, it will provide practical help in alleviating the management difficulties faced by small business owners and the self-employed.”

This content was produced with the assistance of AI translation services.