Design Market offers a platform for designers to sell their products with no listing fees. This article simplifies the financial aspects, including commission fee, withholding tax, invoicing tax, and royalty tax.
1. Zero Listing Fees
Designers can open a shop on Design Market without paying any listing fees and take advantage of our free marketing resources to promote their products.
2. Commission Fee: 20% of Product Price
To maintain and improve the platform, FLUX charges a commission fee of 20% of the fixed product price. This fee is only added when a product is sold.
To calculate the commission fee, use this formula: product transaction price (pre-tax) × quantity × 20% = commission fee.
3. Withholding Tax
All Design Market sellers are responsible for paying an income tax of 5% of the commission fee, in accordance with the withholding regulations established by the Ministry of Finance, ROC.
4. Invoicing Tax and Royalty Tax
In some cases, additional taxes may be required in accordance with the regulations set by the Ministry of Finance, R.O.C. To determine if you are required to pay any additional taxes, please refer to "What Different Financial Information Options Mean?" and select the Financial Information Option that best suits your situation.
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