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How to Apply for a Women-Owned Business Certification: A Complete Guide

  • Written Language: Korean
  • Country: All Countriescountry-flag
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Created: 2024-05-11

Created: 2024-05-11 22:21

The 'Women-Owned Business Verification' for small, medium, and small and medium enterprises owned and managed by women provides point benefits when applying for government subsidies or public procurement bids. This verification is issued only when a woman serves as the representative and major investor of the company, and the issuance process includes document review and on-site verification. This process is overseen by the Ministry of SMEs and Startups, with the Korea Women Entrepreneurs Association handling the review and investigation. If this verification is obtained through unfair means, a maximum of 3 years of imprisonment or a fine of up to 30 million won may be imposed. The verification can be checked and issued through the Public Procurement Integrated Information Network after issuance, and detailed information can be found on news channels.

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