Last Updated: June 12, 2026 · Version: v1
This Merchant of Record (MoR) Agreement explains Dreamnity's role as the merchant of record for transactions processed through our platform.
1. Merchant of Record Role
Dreamnity Global Pvt. Ltd. ("Dreamnity") acts as the Merchant of Record for all transactions between clients and freelancers on our platform. This means:
- We are the legal seller of record for tax and compliance purposes.
- We handle all GST obligations, invoicing, and tax compliance on behalf of freelancers.
- We collect payments from clients and remit funds to freelancers after deducting our platform fee.
- All invoices are issued by Dreamnity, not individual freelancers.
2. GST and Tax Compliance
As the Merchant of Record:
- Dreamnity is responsible for GST registration, filing, and payment to tax authorities.
- Freelancers do NOT need to register for GST - we handle all GST compliance.
- GST is calculated and collected on both the service amount and our platform fee.
- We issue GST-compliant invoices for all transactions.
- We maintain all required tax records and documentation.
3. Platform Fee Structure
Our platform fee model:
- Platform fee covers payment processing, GST compliance, and platform services.
- Fee is deducted from the total amount before payout to freelancer.
- All fees are transparently displayed before transaction confirmation.
4. Payment Processing
Transaction flow:
- Clients pay Dreamnity (the merchant of record) for services.
- Dreamnity collects payment, handles GST compliance, and issues invoices.
- After KYC verification, funds are settled to freelancer's bank account.
- Settlement occurs after deducting platform fee and applicable GST.
5. Freelancer Responsibilities
While we handle GST, freelancers are still responsible for:
- Declaring income received through Dreamnity in their tax returns.
- Paying applicable income tax on earnings.
- Maintaining accurate records of their transactions.
- Completing required KYC verification.
- Providing accurate bank account information for settlements.
6. Service Boundaries
Dreamnity's MoR service includes:
- GST registration, filing, and compliance
- Invoice generation and record-keeping
- Payment processing and settlement
- Tax documentation and reporting
Dreamnity's MoR service does NOT include:
- Income tax filing for freelancers
- Tax advisory or accounting services
- Legal representation in tax matters
- Liability for project outcomes or service quality
7. Invoicing
All invoices are issued by Dreamnity Global Pvt. Ltd. and include:
- Service description and amount
- Fee breakdown
- GST calculation (18% on service + platform fee)
- Total amount charged to client
- Dreamnity's GST registration number: 33AALCD2734N1ZF
8. Liability and Indemnification
As the Merchant of Record, Dreamnity assumes liability for:
- GST compliance and tax obligations related to platform transactions.
- Accurate invoicing and record-keeping.
- Payment processing and settlement to freelancers.
Dreamnity is NOT liable for:
- Quality, timeliness, or outcomes of services provided by freelancers.
- Disputes between clients and freelancers regarding service delivery.
- Freelancer's individual income tax obligations.
- Incorrect information provided by users.
9. Changes to MoR Terms
We may update this MoR agreement to reflect changes in:
- Tax laws and GST regulations
- Platform fee structure
- Payment processing methods
- Our business operations
Material changes will be communicated 15 days in advance via email and platform notifications.
10. Acceptance
By using Dreamnity's platform, you acknowledge and agree to our role as Merchant of Record and the terms outlined in this agreement. This agreement works in conjunction with our Terms of Service and Privacy Policy.
11. Contact
Questions about our Merchant of Record services? Contact us here.