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Updated almost 6 years ago on . Most recent reply
Finder fee fo raising capital
Hi all, how are you all doing? My question is can I pay someone finder fee if that person bring the investor for the deal? For example, I found the deal for $200k and that person brings 4 investors with $50k each. So can I pay finder fees to that person? Currently, I have ex-manager who is a realtor in Singapore. She also has brokerage firm in Burma as well. Now she’s marketing Singapore, Thailand, Malaysia, Australia, England and New Zealand properties in Burma and there are some Burmese and Singaporean people investing in those market. That’s why I got this idea. Thank you in advance.
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@Han Oo, it all depends on where the business is located for tax. I have marketed property internationally over many years and the laws around receiving fees are related to the geography. For example if you are a Caymans company marketing US property in SIngapore then you can charge fees. If you are a New Zealand company marketing US property in New Zealand then you must be a licensed agent. Similarly in the USA. So you would have to know where the entity is that is charging the fee.