I'm questioning whether or not the commission we fork out to our personnel, not the salaries, must contain VAT.
I also have a message from the client who's confirmed the residence continues to be transferred and he or she's also stunned that he didn't shell out my dues for this reason all over again highlighting I used to be Component of the offer.
Determined by the Dubai Land Division legislations, The proportion of two% shall be paid out by the client when he purchases the residence and may be paid out to DLD.
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I used to be Functioning to get a real estate company in Dubai. I had been Component of a huge deal for selling a villa for 18.5M. The offer was signed even though I was with the company, and I had been even now within the company a few months later on until finally the operator terminated me beneath The main reason “services now not necessary”.
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The developer has appointed an agent/broker from their aspect to handle the method. As per the SPA, the broker is suitable for an level of 2% from the vendor facet.
The supervisor in no way signs any contract. I are closing several deals from the company and now I’m suspecting that they gained’t pay back given that they might come up with One more justification.
I've spoken to the client that has verified the deal has passed through and they are The brand new house owners on the villa.
In regard on your matter, it may be famous there are no unique legal provisions stipulating the broker’s payment in Dubai, meaning which the rate is negotiable.
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