Changwon City Seeks Suppliers for Hometown Love Donation Program Thank-You Gifts
Reception at City Hall Cleaning Department from the 28th to the 30th
[Asia Economy Yeongnam Reporting Headquarters reporters Jonggu Song and Seryeong Lee] Changwon Special City in Gyeongnam is publicly recruiting suppliers for hometown love donation return gifts.
The city announced that it will select suppliers for a total of 53 items to ensure the successful establishment of the hometown love donation system, which will be implemented on January 1 next year.
The recruitment targets include a total of 8 categories: ▲19 agricultural and marine products ▲3 livestock products ▲6 processed foods ▲2 social enterprises ▲5 enterprises for the disabled ▲6 jointly developed meal kits by Changwon City ▲3 traditional liquors ▲9 tourism products.
The hometown love donation system allows individuals to donate up to 5 million KRW annually to local governments other than their place of residence.
Donations up to 100,000 KRW are fully tax-deductible, and amounts exceeding 100,000 KRW receive a 16.5% tax credit, with return gifts equivalent to 30% of the donation amount provided.
According to the city, return gift suppliers will be selected from those who have business establishments in Changwon and can produce, deliver, and provide the relevant return gift items.
Each company must supply goods through the donation system ‘Hometown Love e-Um’ and therefore must possess a mail-order business registration certificate.
Companies wishing to participate can refer to the announcement on the city’s website and submit related documents such as application forms and proposals in person to the Taxation Division at City Hall from the 28th to the 30th of this month.
Applicant companies will undergo a comprehensive evaluation based on factors such as utilization of local resources, regional identity, product excellence, and supply capacity.
The city plans to make the final selection through the return gift selection committee meeting in January next year and explained that on-site evaluations of companies may be conducted if necessary.
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Jo Young-wan, head of the Taxation Division, said, “We hope for the active interest of return gift companies willing to participate in the hometown love donation system,” and added, “We will do our best to select excellent local return gifts that reflect Changwon’s characteristics and satisfy donors.”
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