Gwangju City Extends 25% Road Occupancy Fee Reduction for Small Businesses
Until the End of Next Year...
Responding to Economic Downturn and Decreased Consumption
The city of Gwangju announced on the 4th that it will extend the '25% Road Occupancy Fee Reduction Policy' for small business owners until next year to alleviate their financial burden. The reduction period will be extended until December 2026.
Previously, the city implemented the 25% road occupancy fee reduction policy for small business owners from May 2020 to December last year in response to the economic downturn and decreased consumption activities caused by social distancing measures during the COVID-19 pandemic.
The fee reduction applies to small business owners who have obtained road occupancy permits for vehicle access to their business premises and operate their businesses on the occupied land. Small business owners wishing to apply for the reduction must fill out an application form and submit it along with a 'Small Business Certificate' issued by the Ministry of SMEs and Startups to their respective district office. For more details on the application for the road occupancy fee reduction and the imposition of the fee, please contact the construction department of the district office in charge of the occupied land.
Bae Dooyeob, head of the Road Department, said, "This extension of the road occupancy fee reduction period is a policy aimed at easing the difficulties of small business owners," and added, "We will continue our efforts to develop policies that revitalize the local economy."
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