LXRY&VNTG AFFILIATE PROGRAM

LXRY&VNTG AFFILIATE PROGRAM

What is the Luxury and Vintage Affiliate Program?
Connect your precious luxury items with new owners worldwide. LXRY&VNTG is a special marketplace where valuable items like brand bags, watches, and jewelry can be traded across borders.

What makes it even more attractive is the income-generating affiliate program. When items from people you refer are sold, you receive a commission based on the transaction amount. Would you like to participate as a bridge connecting cherished items with their new owners?

Features:
- Global trading capability
- Simple referral system
- Attractive reward structure
- Specialized in luxury items

Member Registration to Payment

Basic notifications and customer communications will be conducted through LINE messages for Japanese users, and through WhatsApp for users in other overseas regions. For security reasons, matters related to money/financial aspects will be handled through regular email.

1. Members refer customers to LXRY&VNTG
→ Referred customers add L&V as a friend and create a CLOSET account

2. The referred customers register their products

→You can refer to HOW TO SELL

3. Product registration instructions will be sent to each customer via LINE

4. When registered products are purchased,

both members and customers will receive a sales notification

5. On the 15th and 30th of each month, notifications

about sales performance and expected payment amounts will be sent

6. Payment completion notifications will be sent on the 6th and 21st of each month (payment dates)

Commission Rates

The commission percentage increases based on your sales performance.

Total Sales Amount:

50,001 SGD and above: 10%

30,001 SGD and above: 7%

30,000 SGD and below: 5%

Commission Calculation Base

The commission is calculated based on the customer's actual payment amount. For example, if the selling price is 1,000 SGD but the actual payment amount is 800 SGD after applying discounts, then 800 SGD will be the base amount for calculating the commission.

Payment Cycle
Payment will be made 3 weeks after the closing date (to allow for returns and contract cancellation period). If returns or exchanges occur within 3 weeks from the closing date, those transactions will not be eligible for commission.

1. For closing date on the 15th:
- Payment on the 6th of the following month
- Account notification by the 25th of the same month (regardless of sales)

2. For closing date on the 30th:
- Payment on the 21st of the following month
- Account notification by the 10th of the following month

The remaining amount after deducting bank transfer fees
will be paid to the affiliate.

**Commission income received by Japanese natural persons (residents) from Singaporean companies:**
**Under Japanese income tax law, this is subject to taxation as either "Miscellaneous Income" or "Business Income".**
**The received income is classified as "Miscellaneous Income" and requires tax declaration.**