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Is the commision paid to employees included in the VAT system? Our employees are paid both a salary and commission, and commission payments are directly related to the clients they (the employees) have introduced to the provider Should we be applying input VAT to the commission paid to agents? It is considered a sales expenses and considered an operating expense on the income statement
What should employees and employers do when commission-only jobs dont . . . Dear Sir Madam, Many agents are forced to accept commission-only jobs, and then find themselves working full-time for zero pay in a very competitive market For example, let's say you work full-time for six months and fail to make a sale The law requires the company to cover basic living costs In such a case, what should the employee and employer do?
Real estate brokers fee in Dubai - Legal Advice Middle East Generally, Real Estate Agent’s commission in Dubai is 2% of the purchase price unless you and the broker agreed otherwise For further details on the subject, you can contact our office
Can I legally receive a commission for trading as a broker in the UAE . . . I am working as a broker between the trade happening in other countries, e g a trade happening between Spain and India Can I legally receive a commission for these trade operations in the UAE? If yes, what should I do? Do I need to open a license?
Commission agreement - Q A - Legal Advice Middle East Commission agreement British national - now based in the UK - hoping to establish a sales agent or commission agreement with a local Dubai company distributing IT, Mobile accessories and gadgets to retailers in the region Seeking a short and Simple agreement to protect both parties fairly
VAT and its application for a broker selling third-party goods in the . . . When Broker raise sales invoice to the customer, it includes the cost of goods and commission Therefore, because of the current mechanism of invoicing, Broker has to charge Value Added Tax (VAT) for the total amount (value of goods + commission) However, Broker has to record VAT Payable in books only on the commission part
Is it legal if a real estate agent takes his commission share directly . . . Is it legal if a real estate agent takes his commission share directly from a client? Hi, I was working in a Real Estate company as an agent Last deal I closed with common commission 22,000 AED By contract 50% - to me, 50% - to the company Next day I found a spelling mistake in the name of the company on the cheque and I went to change it
Is the broker eligible to take commission from the buyer of a property . . . Is the broker eligible to take commission from the buyer of a property? I need assistance on the agent broker commission I had bought a property recently wherein I approached directly the sales office of the developer and booked one apartment The developer has appointed an agent broker from their side to handle the process