How we profit?
Decibling platform collects 3 main taxes and fees which are:
1. Income Tax (10%):
- 10% of the seller’s total final winning bid amount
- 70% of this Income Tax will go to Happy Autism PTE. LTD.
- 30% of this Income Tax will recharge The Return Guarantee Fund
2. DCBA Fee (2.5%):
- 2.5% DCBA fee from the seller
- 0% from the re-seller
- 2.5% DCBA fee from the buyer as suggestion (We only collect this when buyer accepts to pay this)
- 50% of this DCBA Fee will go to Happy Autism PTE. LTD.
- 50% of this DCBA Fee will recharge to The Decibling Award Fund
3. SSM Fee:
- 5% from the total return amount
As previously stated, the majority of the taxes and fees are returned to the important allocations to ensure the platform system’s longevity.
Decibling platform also provide services which small fees are collected from that:
-
Advertising
-
Premium Listener Subcription
-
Upgrading profile
Happy Autism PTE. LTD is a legal firm of Decibling platform.