Conditions and methods of membership in Nonghyup, benefits, application documents (how much is the subscription fee?)
If you are engaged in the related agricultural and livestock industry, you can receive various benefits by joining the local agricultural cooperative. You can find out more about the conditions and method of joining the Nonghyup member, benefits, and application documents (how much is the subscription fee?) below.
Conditions and methods of membership in Nonghyup, benefits, application documents (how much is the subscription fee?) 농협조합원 가입조건
What is a Nonghyup member?
An Agricultural Cooperative member is a member who meets the conditions for joining and pays investment to the local Agricultural Cooperative. 좋은뉴스
Conditions for membership in Nonghyup
When you become a member of the Nonghyup, you can use it for free for a certain amount at the Agricultural Material Center or receive a high dividend, although the benefits vary by region.
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Four conditions for membership in Nonghyup
There are four conditions for joining to become a member of the Nonghyup.
If you live or have a place of business in a local union district
If you are a farmer working in the livestock industry
If you have not joined a local agricultural cooperative
In case of agricultural corporation
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1. If you live or have a place of business in a local union district
You must live in the area of the local agricultural cooperative you wish to join.
Or, if your business is located in the region, it is possible.
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2. If you are a farmer working in the agricultural and livestock industry
It must fall within the scope of farmers stipulated by the Agricultural Cooperatives Act.
A person who manages and cultivates farmland over 1,000 square meters
Silkworm breeder with more than 0.5 boxes of submerged seeds
Worked in agriculture for 90 days or more per year
In case of breeding livestock above the standard
Breeders who exceed the standards announced by the Minister of Agriculture and Forestry
5 farmer qualification conditions, registration method, 5 benefits (subsidy)
It is the breeding standard of livestock.
Livestock Breeding Standards
At least 2 horses, cows, donkeys and mules
Pigs (excluding sucklings), sheep, goats, dogs, 5 or more deer (20 dogs)
More than 50 rabbits
Over 100 ducks, chickens, turkeys and geese
10 colonies or more
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3. If you have not joined a local agricultural cooperative member
If you sign up for an Agricultural Cooperative Membership in another region, you cannot register twice.
Even if other conditions are not met, it may be possible to join through the deliberation of the local Nonghyup board, but in this case, you must sign up for only one.
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4. In case of agricultural corporation
Agricultural company corporations and farming association corporations in accordance with the Act on Support for Agricultural and Fishery Business Fostering are eligible to join.
However, the principal office must be located in the local union district.
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How to sign up as a Nonghyup member
To become a Nonghyup member, fill out the ‘application form’ and submit the relevant documents together.
If a certain amount of investment is paid as a subscription fee, the board of directors will decide whether to approve it after deliberation.
When membership is approved, a notice is sent to the member concerned.
Bring the notification and visit the local Nonghyup to proceed with the member investment (registration fee) to complete the subscription.
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[Documents for Application for Agricultural Cooperative Membership]
If you are a new Nonghyup member, you must submit the following documents together.
Nonghyup member application documents
Nonghyup member application form
Farm manager (Ministry of Agricultural Support), agricultural business registration confirmation
Copy of resident registration
seal, etc.
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[Nonghyup member subscription fee]
When you become a member of the Agricultural Cooperative, you must pay a certain amount of investment in the nature of a membership fee.
You can receive dividends depending on the number of shares or more.
According to the Agricultural Cooperative Articles of Incorporation, members of the Agricultural Cooperatives must invest more than 200 units, and agricultural corporations must invest more than 1,000 units.
5,000 won per unit of investment, union members must pay at least 1 million won, and agricultural corporations must pay 5 million won.
Completion of application for online education (compulsory education) for farmers under the direct payment system for public interest in 2023
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Benefits of Nonghyup Membership
The greatest benefit of being a member of the Nonghyup is that you can receive tax-free benefits of up to 10 million won of dividend income received from the investment you paid.
In addition, there are differences among regional Nonghyup, but there are point payment for using Hanaro Mart, application of zero tax rate when purchasing pesticides and fertilizers, support for preferential deposit interest rates, and agricultural technology training benefits.