A commercial business status is given to hosts who have sustainable interest in getting bookings. In general, we classify hosts as being commercial if at least one of the following criteria is met:
- You have confirmed that you intend to regularly rent your property in order to earn a regular income
- You have received at least 10 bookings with Wimdu during the last 12 months
- You have at least 2 offers online on Wimdu
- A valid VAT ID is available
Please note that, if local tax authorities request deviating classification rules, the above mentioned criteria might differ.
For commercial hosts, a reverse charge mechanism applies. Therefore, commercial hosts will need to pay VAT themselves and the invoice sent from Wimdu to hosts is calculated without VAT.