Members

Membership Guide

Membership Process

Submit Application Documents

Send via mail to the Cooperative.

Approval and Notification

Approval process takes up to 2 weeks.

Payment of Share Capital, Membership Fee, and Cooperative Dues
Membership Confirmation

Issuance of membership certificate and payment receipts.

Membership Fee Payment

Share Capital

KRW 500,000

One unit = KRW 500,000, additional units can be purchased
Share capital is refundable upon withdrawal

Membership Fee

KRW 3,000,000

Annual Dues

KRW 1,000,000

Covers the first year of membership

Regular Membership Dues

Regular Membership Dues
Basic Fee Payment Schedule
Quarterly Fee Monthly Fee
  • 1st Quarter: Early January
  • 2nd Quarter: Early April
  • 3rd Quarter: Early July
  • 4th Quarter: Early October
KRW 150,000 KRW 50,000

Required Documents

Membership Application Form
Member List
Copy of Business Registration Certificate (1 copy)
Corporate Seal Certificate (1 copy)
Financial Statements (most recent fiscal year) (1 copy)
Copy of Bank Account (1 copy)