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Tax/legal checklist for a subscription and revenue sharing model?

4 pointsby didericisabout 2 months ago
I&#x27;m working on a project where I&#x27;d like to have each user pay a subscription, and then reward certain users a portion of the net subscription revenue based on how many other users view their content. I do not intend to edit or audit their content.<p>I have no personal knowledge of the taxes or legal considerations involved in mass user payments, and would like to get a product out and experiment with different kinds of features and monetization strategies before investing in any kind of legal&#x2F;tax consultation, which I can&#x27;t afford (unless it&#x27;s very cheap).<p>As of right now, I&#x27;m assuming I need:<p>1. a content agreement (don&#x27;t upload illegal&#x2F;copyrighted things) 2. a revenue sharing agreement 3. a liability agreement (if the payment processor screws up or you give me incorrect info, not my issue)<p>I&#x27;m planning on supporting venmo and btc&#x2F;lightning, and am the only person on the project (and am planning on doing all the tax&#x2F;payment stuff myself).<p>Is there anything important I&#x27;m missing to protect myself, and are those legal agreements simple enough to set up via a service (or for cheap with a lawyer)?<p>I&#x27;m assuming yes&#x2F;this is all pretty straightforward, but I figured this is a good place to ask about any sharp edges&#x2F;experiences.

1 comment

CER10TYabout 2 months ago
Which country is your company based in? And which countries are you selling your services to?<p>Legal&#x2F;tax things are always different in every country. B2C also makes things a lot more complicated. Overall, lots of sharp edges to look out for.
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