Conditions and Benefits of Nonghyup Membership
We will introduce the conditions for becoming a member of the Nonghyup and the benefits of being a member of the Nonghyup. It is hoped that by reading this article you will understand the conditions for becoming a Nonghyup member and the benefits of being a Nonghyup member. Please read all the way to the end if you need information on the conditions for joining the Nonghyup member and the benefits of the Nonghyup member. Now, let’s learn about the conditions for becoming a member of the Nonghyup and the benefits of being a member of the Nonghyup.
Find out the conditions and benefits of Nonghyup membership 농협조합원 가입조건
< Contents >
1. Conditions for membership in Nonghyup 좋은뉴스
1.1. Conditions for membership
2. Application documents for Nonghyup membership
3. Nonghyup member benefits
3.1. Detailed benefits are all different for each regional (unit) Agricultural Cooperative Federation.
1. Conditions for membership in Nonghyup
Any member of the Agricultural Cooperative Federation cannot join, and only those who meet the specific qualifications set by the Agricultural Cooperative Federation can join as a member. The eligibility conditions are as follows.
1.1. Conditions for membership
A person who manages or cultivates farmland of 1,000㎡ or more
Those who engage in agriculture for more than 90 days out of the year
A person who breeds silkworms worth 0.5 boxes (20,000 standard boxes) or more
A person whose address or place of business is within the territories of the association
A person who raises livestock that exceeds the standards in the table below
Classification Livestock Breeding Standards
2 or more large cattle, horses, donkeys or mules
Medium livestock Pigs (excluding suckling piglets), goats, deer, dogs, sheep 5 or more
(20 dogs)
Cattle Cattle More than 50 rabbits
Poultry More than 100 chickens, ducks, geese and turkeys
More than 10 groups of other bees
Breeding standards for livestock types (heads or more)
badger 3
Quail 30
Pheasant 30
ostrich 3
Note) Since the conditions for membership registration may differ depending on the branch and characteristics of the local (unit) Nonghyup, we recommend that you make a phone call before visiting.
2. Application documents for Nonghyup membership
If you are satisfied with the conditions for becoming a member, you can go to the unit Nonghyup branch with the necessary documents.
Among the application documents for membership, there are documents that require the signature of the farming chairman (town chief) and other documents that must be prepared in advance at the district office (Administrative Welfare Center). Please refer to this article.
3. Nonghyup member benefits
Nonghyup member benefits
If you become a member of an agricultural cooperative, you can receive dividends as a member and benefit from zero tax rates on agricultural materials such as pesticides and fertilizers.
The detailed benefits of being a member of the NACF are different for each regional (unit) NACF, but we will summarize the basic and broader benefits.
Income tax is not levied on dividend income for which the sum of investments in cooperatives (Nonghyup, Fisheries Cooperative, Industrial Cooperative, Credit Cooperative, Saemaul Geumgo, etc.) is less than KRW 10 million per person. (You can invest from 1 million won to 50 million won per person)
When purchasing agricultural materials (fertilizers, pesticides, feed, etc.) or cultivated items, you can receive zero tax benefits.
You can receive tax-free oil support for agriculture.
Low interest rates can be applied to various government loans.
Nonghyup is qualified to apply for various support projects for farmers.
You can receive benefits such as entry into various agricultural machinery businesses supported by the Nonghyup and holiday gifts.
3.1. Detailed benefits are all different for each regional (unit) Agricultural Cooperative Federation.
The detailed benefits of Nonghyup members are different for each regional (unit) Nonghyup branch. Branches with solid sales performance and investment can provide relatively more benefits to their members. At least the dividend will come out more?!
Therefore, it is recommended that you compare the benefits among Nonghyup in the area (unit) where you can join, such as your address and farmland location, and sign up as a member of the most advantageous area (unit) Nonghyup!
summary
Since the conditions for membership in the Agricultural Cooperative Federation may differ for each regional (unit) Agricultural Cooperative Federation, it is best to contact them directly after referring to the above information.
Among the application documents for membership of the Nonghyup, it is good to prepare in advance as there are documents that require the signature of the agricultural chairman (town chief) and documents that must be issued in advance by the district office.
The benefits of Agricultural Cooperative members are the same for each unit (regional) Agricultural Cooperative in a broader framework, but the detailed benefits are all different, so it is better to look in an advantageous way.