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Case Study

We have selected some examples of the service we have provided to clients in the past which we think will allow you to understand better the benefits to your business in working with our Fiduciary Factoring service.

When less than €20,000 have to be invoiced per year

 CASE STUDY

Mr. Martin works as a freelance Legal Translator. He used to invoice all his clients directly and pay taxes on all its incomes. Mr. Martin now works with us, using our international factoring services to get some tax free financial assets.

  • First step: Last Monday Mr. Martin asked us to issue an invoice with amount of €4,500 for Legal Translation.
  • Second step: We issued this invoice straight away (on our own name) and sent it by fax and by post to Mr. Martin's client, who beneficiates of the legal translation.
  • Third step: Three days later, we received €4,500 on our bank account from Mr. Martin's client.
  • Four step: We took our commission equivalent to 12% of the invoiced amount (our fee of 10% + 2% cost of the offshore banking facility), €540 so far, and transferred the full balance equivalent to 88% of the invoiced amount, €3,960 so far, onto Mr. Martin's offshore bank account.
  • Fifth step: Mr. Martin uses an international debit card to withdraw this fund.

Mr. Martin still invoices in his own name, but uses our services for about 40% of his work, saving on income tax!


When more than €20,000 have to be invoiced per year

 CASE STUDY

Mr. Dupond works as a Design & Marketing Consultant. He used to invoice all his clients directly via its company and pay taxes on all its incomes. Mr. Dupond now works with us, using our international factoring services to get some tax free financial assets.

  • First step: Last week Mr. Dupond asked us to issue an invoice with amount of €13,570 for Design consultancy and Marketing/Communication advices.
  • Second step: We issued this invoice straight away (on our own name) and sent it by fax and by post to Mr. Dupond's client, who beneficiates of the Design consultancy and Marketing/Communication advices.
  • Third step: Four days later, we received €13,570 on our bank account from Mr. Dupond's client.
  • Four step: We took our commission equivalent to 10% of the invoiced amount, €1,357 so far, and transferred the full balance equivalent to 90% of the invoiced amount, €12,213 so far, onto Mr. Dupond's offshore bank account.
  • Fifth step: Mr. Dupond uses an international debit card to withdraw this fund.

Mr. Dupond still invoices in his own name, but uses our services for about 50% of his work, saving on income tax!

 


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