VAT Policy

1.                 Introduction

1.1               This VAT Policy ("Policy") is established by Elhuevo Worldwide Ltd t/a MoreThanFanz ("the Platform"), a company registered in England and Wales. It sets forth the principles and procedures governing the application, collection, and remittance of Value Added Tax ("VAT") by the Platform in compliance with applicable VAT legislation and regulations in England and Wales. The purpose of this Policy is to ensure that all VAT-related transactions on the Platform are conducted in a lawful, transparent, and efficient manner.

1.2               For the purposes of this Policy, "MoreThanFanz" shall mean Elhuevo Worldwide Ltd, trading as MoreThanFanz, a company incorporated under the laws of England and Wales, with company registration number: 16298692, having its registered office at Belmont Suite, Paragon Business Park, Chorley New Road, Bolton, Lancashire, England, BL6 6HG, and includes any and all subsidiaries, affiliates, successors, and assigns of Elhuevo Worldwide Ltd.

1.3               MoreThanFanz’s VAT number is 491 4264 81.

2.                 Scope of VAT Policy

2.1               This VAT Policy applies to all transactions facilitated through MoreThanFanz, as defined herein, within the jurisdiction of England and Wales. It outlines the treatment of VAT in accordance with applicable laws and regulations. For the purposes of this policy, Content Creators are considered as providing services to MoreThanFanz, rather than directly to Fans. For VAT purposes, MoreThanFanz acts as principal in all transactions with Fans. Content Creators make a business-to-business supply of digital content services to MoreThanFanz only. Fans contract solely with MoreThanFanz for the purchase of digital content, and MoreThanFanz is responsible for accounting for output VAT on such sales in accordance with applicable VAT legislation.

2.2               MoreThanFanz will comply with all VAT requirements as stipulated by the tax authorities in England and Wales, including but not limited to, the registration for VAT, the collection of VAT on eligible transactions, the issuance of VAT invoices where required, and the remittance of collected VAT to the relevant tax authority. This Policy is subject to change in response to amendments in VAT legislation or guidance from tax authorities.

3.                 VAT Registration and Compliance

3.1               For the purposes of UK VAT only, Content Creators are treated as providing their services to MoreThanFanz, rather than to Fans directly.

3.2               In compliance with the VAT laws and regulations of England and Wales, all Content Creators registered for VAT in the United Kingdom ("UK") who supply services to MoreThanFanz via the Platform are required to:

3.2.1          Provide MoreThanFanz with a valid VAT registration number upon request.

3.2.2          Issue VAT invoices (or accept self-billed VAT invoices issued by MoreThanFanz under a valid self-billing agreement) for any taxable supplies made to MoreThanFanz; and

3.2.3          Submit VAT returns and make VAT payments to HM Revenue & Customs (HMRC) in a timely manner, as dictated by UK VAT legislation.

3.3               MoreThanFanz reserves the right to request additional VAT-related information from Content Creators at any time to ensure compliance with applicable VAT legislation. Failure to comply with these requirements may result in the suspension or termination of the Content Creator's account on the MoreThanFanz platform.

3.4               Content Creators are required to notify MoreThanFanz promptly of their VAT registration status. If a Content Creator fails to provide such notification, MoreThanFanz will assume that the Content Creator is not VAT registered and will apply VAT treatment accordingly (i.e., no VAT charged, no self-billing agreement required). It is the responsibility of the Content Creator to update MoreThanFanz of any changes in their VAT status in a timely manner.

3.5               Self-Billing Agreement. For Content Creators who are VAT registered in the United Kingdom, MoreThanFanz requires the execution of a self-billing agreement. This agreement authorizes MoreThanFanz to issue VAT invoices on behalf of the Content Creator for transactions conducted through the Platform. The self-billing agreement ensures compliance with UK VAT legislation by confirming that MoreThanFanz is responsible for issuing VAT invoices and properly accounting for VAT on payments made to the Content Creator. Content Creators who are not VAT registered are exempt from this requirement.

4.                 Payment of VAT

4.1               MoreThanFanz is responsible for determining, calculating, collecting and accounting for any VAT applicable to sales made to Fans through the Platform. The applicable VAT treatment and rate will be determined based on the Fan's location and the relevant VAT rules applying to that transaction.

4.2        VAT collected from Fans is the responsibility of MoreThanFanz and does not reduce the Creator Earnings determined in accordance with the Creator Agreement. MoreThanFanz is responsible for accounting for and remitting such VAT to the relevant tax authority where required.

4.3               Content Creators are advised that the responsibility for the declaration and payment of any taxes due on their income, including but not limited to income tax, remains with them. Content Creators are strongly encouraged to seek independent tax advice to ensure compliance with their tax obligations.

4.4        VAT applicable to a Content Creator's supply of services to MoreThanFanz is treated separately from VAT collected from Fans. Where a Content Creator is VAT registered in the United Kingdom, VAT shall be applied to their Creator Earnings where required by UK VAT legislation and accounted for under the applicable self-billing arrangement. Where a Content Creator is not VAT registered, no VAT shall be applied to their Creator Earnings.

5.                 Documentation and Record-Keeping

5.1               In accordance with applicable law, MoreThanFanz requires all Content Creators to maintain accurate and comprehensive records of all transactions conducted through the Platform.

5.2               These records must include copies of VAT invoices and confirmation of VAT registration status where applicable.

5.3               Content Creators are obligated to provide MoreThanFanz with copies of these documents upon request. This requirement is in place to ensure compliance with VAT regulations as enforced by HMRC. Failure to comply with this obligation may result in penalties as determined by HMRC and could affect the Content Creator's ability to sell content through the MoreThanFanz platform.

5.4               It is the responsibility of each Content Creator to ensure that their VAT invoices and returns are accurate, complete, and submitted in a timely manner to HMRC. MoreThanFanz reserves the right to request these documents at any time to verify compliance with VAT obligations.

6.                 Contact Information

6.1               In accordance with the VAT policy applicable within the jurisdiction of England and Wales, MoreThanFanz hereby designates the following contact information for all VAT-related inquiries:

• Email: [Support@morethanfanz.com]

• Phone: [+44 7768917332]

• Postal Address: Belmont Suite, Paragon Business Park, Chorley New Road, Bolton, Lancashire, BL6 6HG, England, Attention: VAT Compliance Department

6.2               This contact information is provided for the convenience of Content Creators, Fans, and other stakeholders who may have questions or require assistance with VAT matters related to transactions on the MoreThanFanz platform. For specific inquiries regarding VAT rates, exemptions, or responsibilities, it is recommended to consult directly with HMRC or a professional tax advisor.

7.                 Compliance and Enforcement

7.1               MoreThanFanz requires all Content Creators to comply with all applicable VAT regulations. Content Creators are responsible for determining whether they are required to register for VAT and for accounting for and paying any VAT due in relation to their supplies to MoreThanFanz.

7.2               Failure to comply with these VAT obligations may result in MoreThanFanz taking action to enforce compliance, which may include, but is not limited to, suspension or termination of the Creator's account on the platform. Additionally, Content Creators may be subject to penalties or legal action by HMRC for non-compliance with VAT regulations.

7.3               MoreThanFanz reserves the right to request documentation from Content Creators to verify VAT compliance at any time. Failure to provide such documentation upon request may also result in enforcement actions as described above.

8.                 Amendments to the VAT Policy

8.1               This VAT Policy may be amended from time to time by MoreThanFanz in its sole discretion. Any amendments will be effective immediately upon the posting of the revised VAT Policy on the MoreThanFanz platform or upon notification to the Creators, whichever occurs first. It is the Content Creators' responsibility to review the VAT Policy periodically for any changes. Continued use of the MoreThanFanz platform after any such changes shall constitute the Content Creators' consent to such changes.