Conditions and Benefits of Nonghyup Membership
If you are a farmer, let’s learn about the Nonghyup membership that you must join, the conditions for joining, and the benefits.
Qualifications for Agricultural Cooperative Membership
1. A person who has an address, residence or place of business in the association’s district and falls under the scope of a farmer under Article 19, Paragraph 4 of the Agricultural Cooperatives Act
farmer scope
– A person who manages or cultivates farmland of 1,000 square meters or more
-Those who are engaged in agriculture for more than 90 days a year
2. Farming association corporations and agricultural corporation corporations under Articles 16 and 19 of the 「Act on Fostering and Supporting Agricultural and Fishery Entrepreneurs」, which have their main offices in the association’s district and operate agriculture;
After registering as an agricultural business, you can join the agricultural cooperative. There are places where you can apply for agricultural cooperative membership immediately after registering an agricultural business, but depending on the region, you can apply for agricultural cooperative membership one year after registration. 농협조합원 가입조건
Nonghyup membership registration procedure 좋은뉴스
1. Submission of registration documents
– Department of Agricultural Support
– Union member application form
-ID card
2. Discussion of the board of directors (qualification as a union member)
3. Issuance of notice of acceptance of union membership
4. Payment of investment
-The investment amount varies by region, but it is usually between 2 million won and 50 million won, and it must be paid in one lump sum. However, in unavoidable cases, payment may be made in two installments.
Nonghyup member benefits
Benefits vary depending on the financial situation and size of the affiliated Nonghyup.
In general, a coupon for exchange of agricultural materials is given or a zero tax rate is applied to the purchase of agricultural chemicals and fertilizers. In addition, it provides support for school expenses for members’ children, disaster consolation funds, and benefits of agricultural technology education.
In addition, you can receive a relatively higher percentage of investment dividends than in the market, and you can enjoy various benefits such as financial and material, such as giving gifts to members on anniversaries and holidays.
However, the larger the size of the cooperative, the more diversified and larger the benefits can be enjoyed.
Agricultural cooperative members vary by region.
You can check the conditions and the minimum investment amount of the relevant Nonghyup at the Nonghyup located near your residence or farmland. You can also easily check each condition through the homepage of the relevant Nonghyup.