Ulsan City Reduces Road Occupancy Fees by 25%... Economic Support for Small Business Owners and Others

Ulsan City will reduce the road occupancy fees imposed in June and July of this year by 25%.

This policy was established to alleviate the economic burden on small business owners and others struggling due to the prolonged COVID-19 pandemic and to revitalize the local economy.

With a 25% reduction in the 2023 road occupancy fees, Ulsan City's regular road occupancy fee revenue is expected to decrease by approximately 2 billion KRW. However, temporary road occupancy and public institutions and local public enterprises are excluded from the reduction.

Road occupancy fees are usage fees regularly imposed annually on small business owners and others who use roads with road occupancy permits, mainly for vehicle access to commercial and neighborhood living facilities or for installing underground facilities.

The basis for calculating road occupancy fees varies depending on the type of occupancy. In the case of vehicle access, the road occupancy fee per unit area can generally be calculated by multiplying 0.02 by the individual publicly announced land price of the adjacent land.

For example, if 50㎡ is occupied for vehicle access in the Dal-dong area of Nam-gu, Ulsan, a road occupancy fee of 7 million KRW is imposed, and under this reduction policy, 1.7 million KRW will be reduced, resulting in a fee of 5.3 million KRW.

Ulsan City Hall.

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