Value Added Tax (VAT)

Agency Model The platform generates revenue by receiving transaction processing fees, fees for listing the products on the platform, or success-based commissions. In this model, the Electronic Marketplace acts as an agent, enabling sellers to reach customers, while managing listings and payments. For example, a real estate rental website allows listing of available for rent properties in return for a fixed fee upon completion of the rental process from the lessor to the client. Higher fees may be charged for premium listing positions or other advertising or similar services. A platform applying an agency model would have a main purpose of facilitating the supply process by facilitating communication and interaction between the users (the underlying supplier and the customer benefiting from the supply), and therefore it may be considered as an “Electronic Marketplace” for the purposes of applying the provisions of Article 47, and therefore the Deemed Suppliers rules would apply to it whenever the provisions stipulated in that