[MOEF 01 April 2020] 3rd Crisis Management Meeting
1st April 2020 Ministry of Economy & Finance 3rd Crisis Management Meeting Help small businesses and self-employed go through the time Help marginal firms Provide wage support to help businesses maintain their employees Support for tourism-dependent businesses, telecommunications businesses and film industries The government will work to help exporters.
[MOEL 26 March 2020] SME Employers Subsidy for Flexible Work Arrangements
26th March 2020 Ministry of Employment and Labor Government will simplify procedures for subsidy for flexible work arrangements to fight against COVID-19 Employers will be paid 50,000 won and 100,000 won per employee once or twice a week and three times a week, respectively.
[MOEL 23 March 2020] SME Support for Employment Security of Employees
23rd March 2020 Ministry of Employment and Labor Proactive Measures to Support Employment Security in Response to COVID-19 Employers to recieve 90% support for all business suspension benefits provided (equivalent to 70% of monthly income) to employees.
[MOEF 28 Feb 2020] Government Support Package
28th February 2020 Ministry of Economy & Finance Government Announces Support Package Government Announces Support Package 7 trillion won to provide financial and tax support for families and businesses affected, including 50 percent income tax cuts given to landlords for rent reduction. About 9 trillion won of loans, guarantees and investment through financial institutions and public institutions
