Holding a business plan and budget general meeting in 2026\nDistribution of manuals to respond to the Yellow Envelope Act\nMembers’ efforts to minimize legal risks\nK-Golf White Paper 2026 will also be published

The Korea Golf Course Management Association held a general meeting of business plans and budgets on the 19th. Korea Golf Club Management Association 사진 확대 The Korea Golf Course Management Association held a general meeting of business plans and budgets on the 19th. Korea Golf Club Management Association

The Korea Golf Course Management Association has finally decided on next year’s business plan and budget approval while discussing how to respond to major pending issues surrounding the golf course industry.

The association held a general meeting at the Double Tree Hilton Grand Ballroom in Bundang, Seongnam, Gyeonggi Province on the 19th and approved next year’s budget at 4.45 billion won, down 5.5% from the previous year. At the general meeting, the association finalized its 2026 business plan and expressed a strong willingness to push for tax issues, which are the industry’s long-cherished projects, such as improving the property tax rate of member golf courses and improving the individual consumption tax system of golf courses.

The improvement of the membership property tax rate, which is currently in service with the law firm Yulchon, will be carried out in parallel with legislative activities such as re-issuing the revision of the local tax law in 2026 with the aim of lowering the heavy tax rate or converting separate combined taxation. In addition, the individual consumption tax on golf courses will be decided in December this year by collecting opinions from member companies among exemptions or complete abolition of those under the age of 19 and those aged 65 or older. In addition, various tax improvement measures are being considered, including the exclusion of property taxes on supply and drainage facilities and the exclusion of the total real estate tax on employee welfare facilities (dormitory and private homes).

In line with the follow-up measures to the Yellow Envelope Act, which is scheduled to take effect on March 10 next year, the government will minimize legal risks for member companies by overhauling standard contracts and distributing manuals containing user quality judgment and collective action response procedures. The association said, “In accordance with the 2026 business plan, standard safety and hygiene manuals and educational videos including seasonal safety, response to serious disasters, and response to the Yellow Envelope Act will be produced and distributed to lay the foundation for safety and labor-management stability for member companies.”

At the general meeting, the association announced a plan to publish the “K-Golf White Paper 2026,” which can be used as a reliable data that can be provided to the government, the National Assembly, the media, and academia as a representative organization of the golf industry. In addition, official responses were made to the provision of emergency drugs, which are common interests of member companies, the issuance of prepaid cards at public golf courses, and the provision of sanitary products for shower facilities.

Choi Dong-ho, chairman of the Korea Golf Course Management Association, said, “We will open a new horizon in the golf course industry through three innovation strategies in 2026, including the establishment of a ‘management specialization system’ with international competitiveness, the development of ‘institutional innovation’ that fits the status of advanced Korea, and ‘recognition innovation’ that enhances the social value of golf.”

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