How to Submit the Money Lending Business Status Survey Report — June and December Reference Dates, Reports by Businesses with No Activity and Fines for Non-Submission

Procedure

1. 1. Confirm who must report and the reference dates

   Every money lender and loan broker that keeps its registration must report. The report as of June 30 is due by July 31, and the report as of December 31 is due by January 31 of the next year, to the competent Mayor/Do Governor or other competent authority. For businesses registered with the Financial Services Commission, the Financial Services Commission is the competent authority.

2. 2. Organize the report items and materials

   A money lender states the amount lent and the number of borrowers, and a loan broker states the amount brokered and the number of counterparties brokered. In addition, the general status of the business office, lending status, brokerage status and borrowing status under Article 7-2(2) of the Enforcement Decree are stated. Lists of loan contracts, brokerage records, borrowing contracts and bank account records, and closing materials are gathered as of the reference date.

3. 3. Preparing the report for a business with no activity

   If there was no lending or brokerage during the period, the activity items are entered as 0, and the general status of the business office and financial items such as capital and borrowings are entered at their actual amounts. Not submitting the report because there was no activity is treated as non-submission, and inflating or understating activity is a false entry. Check that the figures and dates in the registration certificate, corporate register, financial materials and bank records match one another.

4. 4. Prepare the report on the notified form and submit it

   The report is prepared on the form notified by the Financial Services Commission and submitted to the competent Mayor/Do Governor or other competent authority. Submitting with all or part of the required items missing is also subject to a fine under Article 21(1)12 of the Act, so check for blanks before submission. Keep a copy of the submitted report and supporting materials for the next report and for inspections.

5. 5. Review whether to keep the registration, close the business or take over

   If there is no business activity for 6 months or more in a row, the Mayor/Do Governor or other competent authority may cancel the registration after a hearing (Article 13(2)3 of the Act). To continue the business, apply for renewal between 3 months and 1 month before the 3-year registration validity period ends; if there is no plan to operate, consider filing a business closure report and returning the registration certificate. The registration certificate itself cannot be transferred, so if another person wants to take over the business, it proceeds through a change of the corporation's shareholders and executives and a change registration within 15 days.

Required documents

• Report of money lenders and loan brokers (Article 7-2 of the Enforcement Decree of the Act on Registration of Credit Business and Protection of Finance Users, form notified by the Financial Services Commission)
• Copy of the money lending business registration certificate
• Financial materials as of the reference date (closing statements or trial balance, details of capital and borrowings)
• List of loan contracts or loan brokerage records (if there was activity)
• Borrowing contracts and bank account transaction records
• Materials on the general status of the business office (location, officers and employees)
• Certificate of corporate registration (for a corporation)
• Letter of authorization (when submitted by an agent)

Fees

Generally in the range of tens of thousands to several hundred thousand won in the industry · We will advise after consultation, depending on whether it is money lending or loan brokerage, whether there was activity and the number of transactions, the number of business offices, and whether a review of keeping, renewing or closing the registration is included. Government fees are separate.

See fees and official charges for this service →

Legal basis and review date

• Act on Registration of Credit Business and Protection of Finance Users, Article 3
• Act on Registration of Credit Business and Protection of Finance Users, Article 3-2
• Act on Registration of Credit Business and Protection of Finance Users, Article 3-3
• Act on Registration of Credit Business and Protection of Finance Users, Article 3-5
• Act on Registration of Credit Business and Protection of Finance Users, Article 5
• Act on Registration of Credit Business and Protection of Finance Users, Article 5-2
• Act on Registration of Credit Business and Protection of Finance Users, Article 12
• Act on Registration of Credit Business and Protection of Finance Users, Article 13
• Act on Registration of Credit Business and Protection of Finance Users, Article 16
• Act on Registration of Credit Business and Protection of Finance Users, Article 21
• Act on Registration of Credit Business and Protection of Finance Users, Annex 1
• Enforcement Decree of the Act on Registration of Credit Business and Protection of Finance Users, Article 7-2
• Enforcement Decree of the Act on Registration of Credit Business and Protection of Finance Users, Article 9-2
• Enforcement Decree of the Act on Registration of Credit Business and Protection of Finance Users, Annex 3

Checked against the statutes on 2026-10-09

Statutes and public notices change, so each case needs to be checked individually. Statute titles are given in English for reference. The Korean statutes are the authoritative text.

Check these first

• Not submitting the report, or submitting false or incomplete entries, is subject to a fine of up to 50,000,000 won and is also a ground for business suspension. Prepare the June and December closing materials in advance so that the end of the month following the reference date is not missed.
• A money lending registration certificate cannot be transferred, acquired or lent (Article 5-2(5) of the Act). If the plan is to take over a registered business, check the change of corporate shareholders and executives, the change registration, and the major shareholder and executive requirements together.

Frequently asked questions