Incheon City to Support Employment Insurance Premiums for Solo Self-Employed; Applications Open Next Month

Incheon City announced on March 31 that it will launch the "Support Program for Employment Insurance Premiums for Solo Self-Employed Workers" to promote business stability among local small business owners and enhance the social safety net.

Applications will be accepted starting April 1, and the support will be retroactively applied to premiums paid from January of this year.

Solo self-employed workers will receive support covering 50% to 80% of their employment insurance premiums, depending on their grade (grades 1 to 7) as determined by the Small Enterprise and Market Service. Additionally, Incheon City will provide an extra 10% subsidy (for a maximum of three years), further reducing the insurance premium burden.

Employment Insurance Premium Support for Solo Self-Employed Workers. Provided by Incheon City

Enrollment in employment insurance can be completed by visiting the Korea Workers’ Compensation and Welfare Service, or by applying via fax, mail, or online. Afterward, applications for Incheon City's support program can be submitted by email or in person at the Incheon Small Business Comprehensive Support Center.

An official from Incheon City stated, "We hope that the employment insurance premium support program will help strengthen the social safety net for micro-business owners and alleviate their business burdens," adding, "We will continue to pursue various support measures to foster a stable business environment for small business owners."

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