Eight Investments JSC, dba Superdoc

A financial and accounting description of the relationship between Superdoc, Doctors providing online medical advice and Patients seeking online medical advice

Superdoc

Superdoc is a provider of technology services to Doctors - access to a platform that provides the technical capability to conduct confidential online medical consultations between a Doctor and a Patient, including accepting payments from the Patient on behalf of the Doctor, for which Superdoc receives remuneration in the form of a commission from the Doctor.


Superdoc issues an invoice for the commission received
Superdoc declares revenue on which it charges VAT
Superdoc is not a healthcare service provider
Superdoc does not provide medical services to Patients
Superdoc has no employment relationship with the Doctors
Superdoc notifies Patients of payments received for online consultations

Doctor

The Doctor is a provider of healthcare services to Patients in the form of online consultations, thereby the Doctor receives income from Patients.

The Doctor carries out his activity (i.e. provision of medical services) as a legal entity if he is employed by a legal entity with an employment agreement

OR

as an individual registered as a freelancer with the National Revenue Agency.

Registration as a freelancer may also be made in the presence of an employment contract with an employer.


The Doctor is the one that determines the price of the online medical consultation
The Doctor is responsible for declaring the income received from online consultations
The Doctor is responsible for charging and paying social security contributions to the National Social Security Institute and the National Revenue Agency
The Doctor issues a receipt for the gross amount of the consultation and sends it to the Patient if requested
The Doctor books the commission charged and deducted by Healee as an expense
There is no difference between an online consultation and an in-office examination from an accounting and tax perspective

Patient

The Patient is a client of the Doctor by using a healthcare service in the form of an online consultation for which the Doctor is paid.


The Patient chooses whether to use online medical consultation and with which Doctor
The Patient makes payment to the Doctor via Superdoc
The Patient is entitled to receive a receipt from the Doctor for the full amount of the payment made