The government will support the growth of small and medium-sized enterprises and small business owners through regulatory innovation in fields such as manufacturing, lifestyle and services, and entrepreneurship.
Han Duck-soo, the acting Prime Minister, held a Cabinet meeting on national issues at the Government Seoul Building on the 10th and announced the joint plan of the relevant ministries to improve 'regulations affecting small and medium-sized enterprises and small business owners.'
Recently, the prolonged domestic economic downturn and changes in the global trade environment have expanded uncertainties, causing difficulties in the people's economy. In particular, small and medium-sized enterprises, small business owners, and self-employed individuals, who lack personnel and financial resources, are in a situation where the burdens imposed by regulations can only increase.
The government is actively promoting policy support such as finance and taxation through the 'Measures for Small Business Owners and Self-Employed Individuals.' Additionally, this plan has been prepared to support the recovery of the people's economy by maximizing the spillover effects through regulatory innovation.
This plan reflects on-site opinions by industry and business type through channels such as the Regulatory Reform Complaint Center, the Regulatory Innovation Promotion Team, and the Small Business Ombudsman, identifying and confirming a total of 60 customized regulatory relief measures for consumers in sectors including ▲ manufacturing and construction ▲ lifestyle and professional services ▲ export-import and procurement ▲ entrepreneurship and certification ▲ agriculture and fisheries.
Specifically, it includes allowing foreign workers to move between business sites (manufacturing and construction), relaxing height standards for partitions in cafes and other snack bars (lifestyle and professional services), raising the contract limit for youth startup companies in local public procurement (entrepreneurship and certification), and allowing the transaction of surplus power generated by solar energy in agricultural corporations (agriculture and fisheries).
Considering the urgency of recovering the people's economy, the government plans to select tasks that can be completed within the first half of the year and ensures that visible results can be quickly felt in the field.
The acting Prime Minister noted, 'Unreasonable practices and outdated regulations are causing significant burdens and inconveniences to the people's economy, such as small business owners and self-employed individuals,' adding, 'We will continuously discover and improve meaningful regulations through active communication with the field to help recover the people's economy, even if just a little.'