Ulju-gun Supports Local Small Business Card Fees with 700 Million KRW

Expansion of Eligibility to Include Total Sales Under 300 Million KRW

Ulsan City Ulju County Office.

[Asia Economy Yeongnam Reporting Headquarters, Reporter Lee Se-ryeong] Ulsan Ulju-gun has completed the second round of applications for the 2021 Ulju-gun Small Business Card Fee Support Project.

This project supports a portion of card fees to alleviate the management burden of local small business owners struggling due to the impact of COVID-19.

Starting from August, applications were accepted for local small business owners with annual sales under 200 million KRW last year, and so far, card fees totaling over 700 million KRW have been paid to about 3,500 people, reaching 80% of the target.

Due to social distancing measures including gathering bans and business restrictions, the food service industry reported the most damage with 1,541 cases in the county, followed by wholesale and retail with 526 cases, transportation with 475 cases, education and sports with 239 cases, and beauty and hairdressing with 186 cases.

Based on damage reports, the county provided support of 0.8% of card fees, up to a maximum of 300,000 KRW, according to payment criteria.

A county official said, “We hope this will be of some help to our local small business owners,” adding, “Next year, we plan to expand the support target to small business owners with total sales under 300 million KRW.”

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