How are the fees and tax invoices processed when purchasing a domain through an agency?
The domain purchase agency fee is charged at 10% of the domain sales price (excluding VAT). HostingKR can only process tax invoices for the purchase agency fee. The fee is usually paid by the buyer, but can be changed through agreement between the seller and buyer.
If the transaction price is 1 million won, the HostingKR fee is 100,000 won, and the VAT on the HostingKR fee is 10% of 100,000 won, which is 10,000 won. Therefore, the final price the buyer must pay is as follows.
[Example]
Domain price: 1,000,000 won
Hosting KR fee: 100,000 won
Hosting KR fee VAT: 10,000 won
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Final price to be paid to Hosting KR: 1,110,000 won
After paying the above fee, only 110,000 won (Hosting KR purchase agency fee) can be processed for the final tax invoice, and the 1,000,000 won in the example cannot be processed as a tax invoice, so please note.
[FAQ]
What is a domain purchase agency service?