Nebraska Value Added Reseller Agreement

State:
Multi-State
Control #:
US-13133BG
Format:
Word; 
Rich Text
Instant download

Description

Legal contract between a manufacturer & a value-added reseller that specifies the rights & obligations of both parties. VAR purchases product from manufacturer, adds value to product then resells as its own.

Nebraska Value Added Reseller (VAR) Agreement is a legal contract formed between a manufacturer or supplier of goods or services, known as the "vendor," and a third party entity, known as the "value-added reseller." This agreement outlines the terms and conditions under which the value-added reseller can market, sell, and distribute the vendor's products or services within Nebraska. The Nebraska VAR Agreement serves as a blueprint for the relationship between the vendor and the value-added reseller, ensuring both parties have a clear understanding of their roles, responsibilities, and expectations. It covers crucial aspects such as pricing, payment terms, product support, marketing strategies, intellectual property rights, and termination clauses. By entering into this agreement, the vendor grants the reseller the right to incorporate value-added features, such as customization, installation, training, or technical support, into the products or services before offering them to end-users. It is worth mentioning that there might be different types of Nebraska Value Added Reseller Agreements, depending on the specifics of the business arrangement and industry. Some common variants include: 1. Exclusive VAR Agreement: This type of agreement grants the value-added reseller exclusive rights within a specific territory or market segment, prohibiting the vendor from appointing other resellers in the same area. 2. Non-Exclusive VAR Agreement: In contrast to the exclusive agreement, the non-exclusive VAR Agreement allows the vendor to appoint multiple resellers within the same territory or market segment. 3. Vertical VAR Agreement: This agreement is tailored to the needs of a particular industry or market vertical. It focuses on addressing the specialized requirements and value-added services specific to that industry. 4. Horizontal VAR Agreement: Unlike the vertical VAR Agreement, the horizontal VAR Agreement is applicable across multiple industries. It typically involves reselling general products or services that have wide-ranging applications. Each type of Nebraska Value Added Reseller Agreement may have its own customized terms and conditions based on the vendor's and reseller's mutual business goals, industry practices, and legal requirements. Therefore, it is essential for both parties to negotiate and establish a well-defined agreement that protects their rights, encourages collaboration, and ensures a harmonious business relationship.

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FAQ

An application for Nil/ Lower deduction of TDS is required to be filed in Form 13 to the Income Tax Officer, and the tax officer on being satisfied that lower deduction of TDS is justified shall issue a certificate for the same under Section 197.

Most businesses operating in or selling in the state of Nebraska are required to purchase a resale certificate annually. Even online based businesses shipping products to Nebraska residents must collect sales tax. Obtaining your sales tax certificate allows you to do so.

Steps for filling out Form 13 Nebraska Resale CertificateStep 1 Begin by downloading the Nebraska Resale Certificate Form 13.Step 2 Identify the name and business address of the purchaser.Step 3 Identify the name and business address of the seller.More items...?

Examples of common value-added resellers (also known as VARs) are computer retailers and service companies, automobile dealerships, and furniture stores.

A VAR, or value-added reseller, is a business entity that adds features or services to an existing third-party product and then resells the same as an integrated customized product to the end-user or consumer.

If you already have a Nebraska Identification Number, you can find it on previous correspondence from the Nebraska Department of Revenue, by contacting the agency at 800-742-7474, or by visiting their Contact Us page for email.

Application by a person for a certificate under section 197. and/or sub-section (9) of section 206C of the Income-tax Act, 1961, for no. deduction of tax or deduction or collection of tax at a lower rate.

How to get a reseller permit: 4 stepsRegister your business. Get a business license where your business operates and/or is incorporated.Research state laws and regulations.Gather your application materials.Get a resale permit.

For a resale certificate to be fully completed, it must include: (1) identification of the purchaser and seller, type of business engaged in by the purchaser; (2) sales tax permit number; (3) signature of an authorized person; and (4) the date of issuance.

Official Form 13 is used in chapter 11 reorganization cases to provide certain parties in interest with notice of the court's approval of the disclosure statement, their opportunity to file acceptances or rejections of the plan, and an order and notice of a hearing to consider the approval of the plan of reorganization

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Nebraska Value Added Reseller Agreement