OFANDI Tax Policy

Last updated: 17-12-2025

This Tax Policy outlines Ofandi’s approach to taxation, ensuring compliance with applicable tax laws and regulations across all jurisdictions where we operate. Our commitment is to transparency, integrity, and responsible tax practices in the context of our luxury designer fashion business.

1. Scope and Principles

1.1 This Policy applies to all Ofandi entities and operations globally.
1.2 Ofandi adheres to the following core principles:

  • Compliance: Strict adherence to all relevant tax laws, rules, and regulations in every jurisdiction.
  • Transparency: Open and honest dealings with tax authorities.
  • Integrity: Ethical conduct in all tax matters.
  • Responsibility: Managing tax affairs in a manner that supports sustainable business growth and contributes to the societies in which we operate.

2. Value Added Tax (VAT) / Sales Tax

2.1 European Union (EU)

  • For sales of luxury designer fashion within the EU, prices displayed generally include VAT at the applicable rate of the country of destination, in accordance with EU e‑commerce VAT rules (OSS – One Stop Shop), where applicable.
  • Business‑to‑Business (B2B) transactions may be subject to reverse charge mechanisms where applicable and subject to valid VAT identification numbers.

2.2 United Kingdom (UK)

  • For sales within the UK, prices displayed include UK VAT at the applicable rate where Ofandi is required to charge VAT.
  • For sales from the EU to the UK, or vice versa, import VAT and customs duties may apply. These charges will either be:
    • clearly communicated at checkout (where collected in advance), or
    • the responsibility of the customer upon import, depending on the shipping and delivery model used.

2.3 International Sales (Outside EU/UK)

  • For sales of products to countries outside the EU and UK, items are typically sold exclusive of local sales taxes, import duties, and customs fees.
  • The customer is solely responsible for paying any such local taxes, duties, and fees upon import into their respective country. Ofandi is not responsible for these charges.
  • We advise customers to consult their local customs office for information on applicable taxes and duties before placing an order.

3. Corporate Income Tax

3.1 Ofandi is committed to paying the correct amount of corporate income tax in each jurisdiction where it has a taxable presence, in accordance with local and international tax laws.
3.2 We do not engage in aggressive tax planning or artificial arrangements designed solely to reduce tax liabilities.

4. Transfer Pricing

4.1 All intercompany transactions between Ofandi entities (if and when applicable) are conducted on an arm’s length basis, in accordance with OECD Transfer Pricing Guidelines and local regulations.
4.2 Appropriate documentation is maintained to support our transfer pricing policies.

5. Tax Governance and Risk Management

5.1 Ofandi maintains internal controls and governance procedures to manage tax risks effectively, appropriate to the size and nature of our luxury fashion operations.
5.2 We regularly review our tax policies and practices to ensure ongoing compliance and adapt to changes in tax legislation and business structure.

6. Updates to this Policy

This Tax Policy may be updated periodically to reflect changes in tax laws, business operations, or regulatory requirements. Any revisions will be posted on this page with a revised “last updated” date.

For any questions regarding Ofandi’s Tax Policy, please contact:
info@ofandi.com

Ofandi — Luxury designer fashion, curated with intention.