After Doing This, Building Taxes, Insurance Fees, and Floor Area Ratio All 'Hang Together'... Daegu City’s Earthquake Safety Certification Project for Daycare Centers

3.25 Billion KRW Invested in Childcare Center Earthquake Safety Certification Project

New Buildings Also Receive Various Benefits After Seismic Performance Evaluation

Certification plaque for earthquake safety facilities posted at a daycare center.

[Asia Economy Yeongnam Reporting Headquarters Reporter Kim Yong-woo] A project to lead daycare centers in Daegu to become earthquake-safe zones is being promoted.

From October to January next year, Daegu City plans to evaluate the seismic performance of 15 daycare centers used by infants and toddlers vulnerable to disasters.

Depending on the secured earthquake safety, a 'Earthquake Safety Certificate' will be issued.

The 'Earthquake Safety Facility Certification Project' is a project where the government and local governments support the costs necessary for the certification process.

It is a project that encourages seismic reinforcement of private buildings and certifies them so that citizens can easily verify earthquake-safe facilities through certification plaques.

Last year, Daegu City supported performance evaluations for 10 private buildings through the 'certification project' and issued certificates and certification plaques to 8 facilities with secured safety.

To receive certification, the building's seismic performance must be evaluated, and the results attached to an application submitted to the certification agency (Korea Institute of Civil Engineering and Building Technology). After document review, on-site inspection, and certification committee deliberation, a certificate and a certification plaque that can be attached to the building are issued.

For newly constructed certified buildings, benefits such as a 5% reduction in acquisition tax are provided, and for existing buildings, benefits such as tax reductions, insurance premium discounts, and relaxation of building-to-land ratio and floor area ratio are given when seismic reinforcement is performed.

Incentives for seismic reinforcement construction of private buildings include 1-10% deductions on income tax and corporate tax, 50-100% exemption of acquisition tax and property tax, and up to 10% relaxation of building-to-land ratio and floor area ratio. Additionally, earthquake disaster-related insurance premiums are discounted by 20-30%. The seismic status is also indicated in the building management ledger and real estate sales contract of the building.

This year, Daegu City invested 325 million KRW to induce voluntary seismic reinforcement by private building owners and to allow citizens to verify earthquake-safe facilities, conducting seismic performance evaluations on 15 daycare centers used by infants and toddlers vulnerable to earthquake disasters.

Kim Cheol-seop, Director of the Daegu City Citizen Safety Office, said, “We will attach earthquake safety certification plaques to facilities used by children who are relatively vulnerable to earthquakes to help children and guardians feel at ease.”

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