4 ms·

How will billing work for this on a practical level? Let's say I've done a week's work, and I charge by the day. Do I sent an invoice to you guys, or directly

How will billing work for this on a practical level? Let's say I've done a week's work, and I charge by the day. Do I sent an invoice to you guys, or directly to the client? Do you bill me for your 10% cut, or is that factored in to the price you quote to the client? Will, in fact, I end up with an invoice to pay to you guys? UPDATE: I somehow missed the bit about payment guarantee on your website, but would still like to know how this works as far as the forms my company needs to send :) You also need to consider the nightmare that is charging VAT in Europe. I'm based in Poland, and anyone I bill who is also based in Poland, consumer or business, gets charged VAT at 23%. If the client is based in another EU country, but is VAT registered, they're zero-rated. If the client is in the EU but is NOT VAT registered, I have to charge the 23% tax. Finally, for everyone else, it's zero-rated. Now, I have no idea of the tax implications - if any - of the above when going through a third-party site such as Hacker Trade. Based of snippets I've read elsewhere (such as FastSpring's EU tax explanations on their website), I'm guessing that you might have to do some EU tax registration yourselves... but only if you're the one collecting money. Interesting idea though, I've finally returned to full-time consulting and am building up my network, so this could be a real win for the likes of me :-)

antoviaque 15y ago
We're still ironing out the details on that one, so take my answer with a grain of salt - it still needs to get confirmed by the accountant & the lawyer. But, basically, it would likely be very similar to what you get on vworker for example - the client transfers the money into escrow, and get an invoice for it. The % cut of the platform is deducted from the amount put in escrow and transferred to the freelance. The % is taken into account for the quote, so that it's shared between the coder and the client. And, yes, we've had to deal with European taxes too, so we're familiar with the tax mess. : ) I don't have all the details on that yet, but I'll post an update when we do. In any case, if you're selected, we'll figure out the specifics of your situation, to make sure everything is by the book.

antoviaque 15y ago

We're still ironing out the details on that one, so take my answer with a grain of salt - it still needs to get confirmed by the accountant & the lawyer. But, basically, it would likely be very similar to what you get on vworker for example - the client transfers the money into escrow, and get an invoice for it. The % cut of the platform is deducted from the amount put in escrow and transferred to the freelance. The % is taken into account for the quote, so that it's shared between the coder and the client. And, yes, we've had to deal with European taxes too, so we're familiar with the tax mess. : ) I don't have all the details on that yet, but I'll post an update when we do. In any case, if you're selected, we'll figure out the specifics of your situation, to make sure everything is by the book.