[Supervised by a Tax Accountant] Is stamp duty unnecessary for electronic contracts?
Stamp duty, which can be a significant cost in contract operations... By switching to electronic contracts, you can reduce this cost. PDF files of contracts used in electronic contracts do not fall under taxable documents according to the Stamp Duty Act. Therefore, by switching to electronic contracts, the need for physical stamps is eliminated.
◆ "Electronic Contracts" Without Worrying About Stamp Duty
When using electronic contracts, there is no stamp duty.
Electronic contracts can prove "authenticity" and "non-repudiation" through electronic signatures using electronic certificates and timestamps from certified service providers.
* Electronic Signature: Ensures authenticity through email addresses, identification, and certificates of registered matters.
* Certified Service Provider Timestamp: Proves that the document "existed" at that time and in that state, confirming that it has "not been tampered with."
◆ For inquiries about electronic contract services, contact paperlogic!
"paperlogic Electronic Contract" is a cloud service specialized in electronic contracts and document management. It can be used not only for managing estimates and invoices but also for electronic contracts using witness-type (equivalent to a registered seal) and party-type (equivalent to a personal seal). Additionally, we offer consulting plans for DX, so please feel free to contact us.

Inquiry about this news
Contact Us OnlineMore Details & Registration
Details & Registration
Related Links
The full text of this article is published here.
Try paperlogic for free for one month.





