Senior-Friendly Company Designation Requirements and Application Documents — Senior Citizens as 5% of Workers and the Matching Investment Plan

Procedure

1. 1. Decide the type of application

   Distinguish whether a company already in operation is increasing its employment of senior citizens, or a company that hires senior citizens is being newly started. An existing company is eligible for designation as a senior-friendly company or institution, and a start-up is eligible for start-up support for companies hiring senior citizens.

2. 2. Check the figures as of the end of the previous year

   A senior-friendly company is judged by the number of regular workers and the number of senior citizens employed as of the end of the previous year. These figures cannot be changed after the public call opens, so check the employment status in the second half of the previous year.

3. 3. Prepare the business plan and the matching investment implementation plan

   Prepare a business plan that sets out the plan for creating jobs for senior citizens and improving the working environment, and an implementation plan for the investment that matches the financial support. The plan to employ 5 or more senior citizens every year for 5 years from the year after designation must be consistent in its figures.

4. 4. Apply during the public call period

   Attach the plans, the articles of incorporation and the necessary documents to the designation application form and submit them within the period and by the method stated in the public notice. Business registration, financial statements, tax payment, full payment of social insurance contributions and employment information are checked through administrative information sharing; if you do not consent, submit them yourself.

5. 5. Maintain employment after designation

   Once designated, you receive a designation certificate and may use the designation mark. You may receive environment improvement costs, growth support, sales channel support and the like, and you maintain the planned number of employed persons every year.

Required documents

• Application form for designation as a senior-friendly company or institution
• Business plan on creating jobs for senior citizens and improving the working environment
• Matching investment implementation plan
• Articles of incorporation (for a corporation)
• Copy of the unique identification number certificate (if there is no business registration certificate)
• Business registration certificate, certificate of standard financial statements, national and local tax payment certificates, certificate of full payment of social insurance contributions, and confirmation of worker employment information for industrial accident compensation insurance (if you do not consent to administrative information sharing)
• Certificate of registered matters of the corporation (for a corporation)

Fees

Service fees in the industry for preparing the application form and the plans range from several hundred thousand won to several million won and vary with the length of the business plan and whether presentation materials are prepared. We will advise you after a consultation based on your employment and financial status.

See fees and official charges for this service →

Legal basis and review date

• Act on Support for Jobs and Social Activities for Senior Citizens, Article 11
• Act on Support for Jobs and Social Activities for Senior Citizens, Article 13
• Enforcement Rule of the Act on Support for Jobs and Social Activities for Senior Citizens, Article 6
• Enforcement Rule of the Act on Support for Jobs and Social Activities for Senior Citizens, Article 8
• Enforcement Rule of the Act on Support for Jobs and Social Activities for Senior Citizens, Article 9

Checked against the statutes on 2026-10-05

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

• Eligibility is determined by the employment and financial figures as of the end of the previous year, so check them in advance in the second half of the year before the application.
• Apply after confirming that you can keep the plan to employ 5 or more senior citizens every year for 5 years from the year after designation.

Frequently asked questions