Photo: YONHAP News
Some small business owners hit hard by COVID-19 quarantine policies will be able to pitch 80 percent of their losses from the related measures in the information quarter of this year.
The government on Friday announced its decision to pay 80 percent of losses arising from business shutdowns with restrictions on operating numerous hours imposed between July seven and September 30. Deficits caused by private gathering ?uvre during the cited period, still will not apply.
Previously ruled out small-size enterprises will also be eligible this particular latest round of COVID-19 compensation to be doled through October 29. Applications are set to be accepted manufactured by October 27.
The maximum amount of compensation for every one business owner has been set with 100 million won.
A variety of Small Biz to Get In return 80% of Losses due to COVID-19 Restrictions
Source: Matira Matibay
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