Sancheong-gun Expands Eligibility for Reduced Usage Fees on Shared Property for Small Business Owners

Up to 80% Reduction Regardless of Sales Decline Rate

Retroactive Application from January 1 ... Refund Application Guide

Scenery of Sancheong-eup (Photo by Sancheong-gun)

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] To alleviate the difficulties faced by small business owners due to COVID-19, Sancheong-gun, which has been reducing usage fees for county-owned buildings, will expand the scope of fee reductions regardless of the sales decline rate.

On the 15th, Sancheong-gun, Gyeongnam Province, announced that it will reduce the usage fee rate for small business owners renting public property buildings from the existing 5% to the minimum rate of 1%.

With this measure, usage fees for all small business owners renting county-owned properties will be reduced by up to 80%, regardless of the sales performance decline rate.

Since February last year, the county has been reducing usage fees for small business owners renting public property by 20% to 80%, depending on the sales decline rate compared to 2019.

This additional reduction in public property usage fees is intended to ease the difficulties of all small business owners without differential reductions based on sales decline.

The new standard will be applied retroactively from January 1, 2021. Tenants affected by COVID-19 can apply for a refund within five years from the end of the disaster.

If the business was closed or suspended and the public property was not used at all, the usage fee for the corresponding period can be fully waived or extended.

The county plans to verify the support targets in February and refund the fees already paid according to the applicable reduction rate.

A county official said, “We hope this expanded reduction in public property usage fees will provide some help to small business owners facing management crises due to COVID-19. We will actively participate in the spread of the Good Landlord Movement being carried out in the private sector. We will continue to prepare various support measures to revitalize the local economy and stabilize the livelihoods of ordinary citizens.”

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