The South Korean Government Provide Small-sized Business Owners with Opportunities to Ask for Loss Recovery Fund with Returning to a Normal Life
- Division
- Spokesperson's Office
- Date
- 2021.10.28
- Writer
- Hanhee JANG
- Headline
- - Korea Overcomes the COVID-19 Pandemic -
Government to Provide Small-sized Business Owners with Opportunities to Ask for Loss Recovery Fund with Returning to a Normal Life
- Korean citizens will return to their normal lives from November 1, and small-sized business owners will be given Loss Recovery Fund from October 27 -
□ In 2021 3Q (July ~ September), 800,000 businesses will be given a compensation of 2.4 trillion won in total (est.)
□ Conveniently apply online from 8AM, October 27, and receive the fund on the day of application
◦ Loss Recovery Fund to be paid on the same day of application for a trial period of 3 days, if made before 4PM
◦ Based on the last digit of the company‘s corporation registration number for the first four days (Wednesday, October 27 – Saturday, October 30)
Please see the attached file.