"Anseong Companies Must Be Happy"… Financial Benefits for Diligent Taxpayers

Business Agreement Signed with NongHyup Bank
Preferential Loan-Deposit Rates and Foreign Exchange Fees

Anseong City in Gyeonggi Province is promoting practical support policies for local tax faithful taxpayers to establish a sound tax payment culture.

The city announced on the 21st that it signed a business agreement with NongHyup Bank, the city's treasury, on the 20th to provide financial preferential support to local tax faithful taxpayers.

Kim Bora, Mayor of Anseong (second from the left), is holding up the business agreement for preferential financial treatment for diligent taxpayers signed with NongHyup Bank.
[Photo by Anseong City]

Through this business agreement, the city explained that in addition to the certification plaque awarded to local tax faithful taxpayers so far, from next year, additional financial benefits such as preferential interest rates on deposits and loans, preferential foreign exchange fees, and reductions in various financial fees will be provided.

Faithful taxpayers are individuals residing in Anseong or corporations with business sites there. They are selected through recommendations from towns, townships, and neighborhoods, and by the city local tax review committee, among those who have no local tax arrears in the past three years, have paid four or more local taxes annually, and have fully paid at least 2 million KRW annually for individuals and 10 million KRW annually for corporations by the payment deadline, contributing to fiscal expansion.

Kim Bora, mayor of Anseong City, said, "We will do our best to devise various support measures so that faithful taxpayers can take pride and be socially favored, thereby establishing an advanced tax payment culture."

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