Jeonnam Postal Service Agency Supports National Property Rental Fees for Small Business Owners

[Asia Economy Honam Reporting Headquarters Reporter Park Jin-hyung] The Jeonnam Regional Post Office is implementing a rent reduction policy for small business owners and small and medium-sized enterprises (SMEs) that lease and use state-owned property to support them amid the prolonged COVID-19 pandemic.

The rent reduction policy for users of state-owned property provides support of up to 80% of rent for small business owners and up to 40% for SMEs. Including 320 million KRW for 46 companies this year, a total of 61 companies have received rent reduction benefits amounting to 920 million KRW over the past three years.

Small business owners and SMEs authorized to use state-owned property by the Jeonnam Regional Post Office can apply for rent reductions until the end of this year. By submitting a confirmation certificate for small business owners (SMEs) issued by the Minister of SMEs and Startups, they can receive rent support up to a maximum of 20 million KRW per year.

Song Gwan-ho, head of the Jeonnam Regional Post Office, said on the 1st, “We will actively participate in government policies to support the phased recovery of daily life for small business owners and SMEs economically affected by COVID-19 through rent reductions on state-owned property and contribute to the development of the local economy.”

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