In the reward mode, Ulule only charges commission on projects that have reached or exceeded their funding target. If a project does not reach its goal, the funds are refunded to the backers and no commission is charged (we are taking a risk! 🤝 hence the importance of our advice).
In the case of the donation mode, Ulule charges a commission on all funds transferred (each time a transfer is requested, if applicable).
Ulule's commission is the same for both fundraising methods (reward / donation):
Unlike other platforms on Ulule there are no hidden costs or limits. Our commission is 6,67% (value added tax non included) for all funds received by credit card and 4,17% (VAT non included) for all funds received by check). This commission includes all services and features of the platform. The commission is deducted from the total amount raised only if the project reaches its funding goal (reward mode).
For projects that collect funds in euro, Ulule’s commission rate for collected funds inferior to a total amount of €100 000 is of:
- 6.67% (value added tax non included) for all funds received by credit card,
- 4.17 (VAT non included) for all funds received by check.
The Value Added Tax (VAT) depends on the project creator’s country location. If the project creator is an individual based in the European Union (EU), the VAT of their country of residency is applied to this commission. If the project creator is an individual based outside the EU, no VAT is applicable.
In the United Kingdom, with a VAT rate of 20%, Ulule’s total commission fee (all tax included) is thus of:
- 8% (VAT included) for all funds received by credit card,
- 5% (VAT included) for all funds received by check.
For all other EU countries, we invite you to read this page to find out the VAT that corresponds to your country.
For all projects that raise over €100 000, Ulule’s commission rate depends on the amount of collected funds as well as on the payment methods used by contributors. The commission rate is calculated by levels:
|
Raised funds |
Ulule commission rate for payments by credit/debit cards (VAT excluded) |
Ulule commission rate for payments by check (VAT excluded) |
|
|
From |
To |
||
|
€0 |
€100,000 |
6.67% |
4.17% |
|
€100,000 |
€250,000 |
5.83% |
3.33% |
|
€250,000 |
€500,000 |
5% |
2.5% |
|
beyond €500,000 |
4.17% |
1.67% |
|
Once again, the applied VAT depends on the project creator’s country location. For all individual project creators based in the European Union (EU), the VAT of their country of residency is applied to the commission rates mentioned in the above document.