6-10 · Business certifications & designations

Traditional Market Merchant Association Registration and Support Program Supporting Documents

Under Article 65(3) of the Special Act on the Development of Traditional Markets and Shopping Districts, anyone who wishes to establish a merchant association for a traditional market or shopping district must register it with the head of the city, county or district, and a merchant association that is a corporation must also prepare articles of incorporation and obtain approval for them. Under Article 12(1) of the Enforcement Rule of the same Act, establishment requires consent matching the total number of merchants (counted as one person per store). The representative submits a Merchant Association Registration Application (Form No. 11) together with the list of consenting merchants, the minutes of the general meeting, the bylaws or articles of incorporation, a business plan and a statement of assets, and the head of the city, county or district issues a merchant association registration certificate within 14 days from the date of receipt. For the traditional market and shopping district revitalization support programs announced each year by the Ministry of SMEs and Startups, the local government is the applicant and, depending on the program, proof of the merchant association such as the registration certificate is required, so the association should complete registration and prepare supporting documents before the call for applications.

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#Traditional Market Merchant Association Registration and Support Program Supporting Documents#Official check#6-10
🌐 Preparing a Merchant Association Application for the Traditional Market Revitalization Support Program
01

Procedure

Procedure

Procedure type
  • Registration Difficulty Medium

    The authority checks whether the statutory registration requirements, such as facilities, staff and capital, are met before issuing a registration certificate. Registration can be refused if the requirements are not met.

  1. 01

    Check the association's membership and business area: Confirm that members are merchants who directly run businesses in the market or shopping district, and that the business area does not overlap with another merchant association already registered. A member may not consent to the establishment of, or become a member of, another merchant association covering the same area, and registration may be cancelled if a person who is not a merchant is elected as the representative officer (Article 65(8) of the same Act).

  2. 02

    Obtain merchant consent: If the total number of merchants is under 300, obtain consent from at least one half or at least 100 merchants; if 300 or more but under 1,000, at least one third or at least 250 merchants; if 1,000 or more, at least one quarter. For a market made up of 4 or more commercial buildings or 4 or more zones (each with 50 or more stores), consent from at least one half of the representatives of the buildings or zones may be obtained instead of the 300-or-more standards, and each representative must prove consent from at least one half of the merchants in that building or zone.

  3. 03

    Prepare the bylaws and general meeting documents: The bylaws or articles of incorporation must include the name, business area, purpose, business activities, general meeting and board of directors, method of electing officers, and matters on assets and accounting (Article 12(5) of the Enforcement Rule). Hold an inaugural general meeting to approve the bylaws and elect officers, prepare the minutes, list of consenting merchants, business plan and statement of assets, and check whether the city, county or district ordinance sets additional rules on establishing and operating merchant associations.

  4. 04

    File the registration application and receive the certificate: The representative submits the Merchant Association Registration Application (Form No. 11) with the attachments to the head of the city, county or district. The head verifies the submitted documents and issues a merchant association registration certificate (Form No. 12) within 14 days from receipt; a merchant association that is a corporation must also obtain approval of its articles of incorporation, including whenever they are amended.

  5. 05

    Check support program eligibility and supporting documents: For the traditional market and shopping district revitalization support programs, the local government applies through Sosanggongin24, so the merchant association submits documents to the responsible department of the city, county or district by its internal deadline. Eligibility conditions such as the association membership rate and fire mutual aid enrollment rate, and the issue-date rules for documents, differ by program, so check compliance and missing documents against that year's announcement; the application form and business plan in the announcement's format must be written by the merchant association itself.

  6. 06

    Manage merchant status records: Because the head of the city, county or district may request documents on the association's operation when necessary (Article 65(6) of the same Act), keep the membership list, dues payment records and general meeting minutes up to date. If the number of merchants or membership rate in a support program application differs from actual status, the application may be rejected or the selection and agreement cancelled, so use figures checked against the store register.

02

Filing route

Filing route

Head of the city, county or district (traditional market department); support programs are applied for through Sosanggongin24 via the local government

Confirm the current filing office, jurisdiction, and online availability on the official website.

Official check
Actual processing agencyCompetent Korean authority or official service · Competent Korean authority or official service
Statutory and policy authorityMinistry of SMEs and Startups
Online routeCompetent Korean authority or official service
03

Deadlines & processing notes

Deadlines & processing notes

Check deadlines and next steps against the notice, filing date, and any request for additional documents.Official check
04

Basic documents

Basic documents

Basic documents0 / 8

Because the merchant association registration certificate is issued within 14 days from receipt, starting registration close to the call deadline may mean the certificate is not issued before the local government's internal deadline, and the association may be unable to apply for the support program.

Scope of services

Scope of services

Hwang Yunsang Administrative Agent Office prepares and translates documents for administrative agencies, submits them on your behalf, and guides you through permit, application, and notification procedures. Services that require the principal’s personal appearance, principal’s application, or electronic signature may be limited in delegation.