For Employers
Projects
Iq Talent is free to sign up, post a project, receive bids from freelancers, review the freelancer’s portfolio and discuss the project requirements.
The cost and how this fee is charged depends on the type of project.
For Recharge wallet, a fee of 0% is levied on each Recharge to the wallet.
Once the wallet recharged, The amount and processing fee are non-refundable and non-creditable for any reason
Services
At the time of ordering a service, employers must provide funds equivalent to the total service price. The payment is protected by the Iq Talent Milestone Payment System. Only release the payment once you are 100% happy with the work that has been delivered.
For Freelancers
Iq Talent is free to sign up, create a profile, select skills of projects you are interested in, upload a portfolio, receive project notifications, discuss project details with the employer, bid on projects and enter contests.
Projects
For fixed price projects, if you are awarded a project, and you accept, we charge you a small project fee relative to the value of the selected bid, as an introduction fee. If you are subsequently paid more than the original bid amount, we will also charge the project fee on any overage payments.
For hourly projects, the fee is levied on each payment as it is made by the employer to you.
The fee for fixed price projects is 15% .
Contests
Submitting entries to a contest is free. Contest fee applies when you are awarded a contest prize. This fee is charged when the prize is released, which is after contest has been awarded to you and the handover of entry materials has been completed to the contest poster’s satisfaction. The Iq Talent contest fee is 15% .
Services
If you are subsequently hired to perform that Service, a 15% fee of the total service price is charged. This is charged when the service is ordered by way of a deduction from the payment you receive.
Refunds as Bonus Credit
In some instances, refund of fees may be done as bonus credit. This bonus may only be used on site, and can not be withdrawn or transferred. The bonus may expire in 90 days from the date of receipt.
Other Fees
Projects
The following fees are optionally charged for additional services.
| Posting a Project | FREE |
| Featured | IQD 5,000.00 |
| Urgent | IQD 15,000.00 |
Contests
The following fees are optionally charged for additional services.
| Posting a Contest | FREE |
| Awarding contest | FREE |
| Awarding to additional freelancers | FREE |
| Guaranteed | FREE |
| Featured | IQD 10,000.00 |
| Urgent | IQD 15,000.00 |
Bid Fees
| Bidding on projects | FREE |
| Sponsored bid | |
| Highlight Bid | |
| Sealed Bid |
Transaction Fees
| Transaction fees incurred for using Credit Card, PayPal or FastPay. | FREE |
| Local Bank Deposit | Soon |
| International Wire Transfer | Soon |
Arbitration Fees
The arbitration fee for a milestone dispute is IQD 20,000.00 USD or 5%, whichever is greater.
Our dispute resolution system is designed to allow both parties to resolve issues regarding milestone payments amongst themselves without arbitration.
After 4 days of a dispute being filed (or 7 days if the dispute is filed by the freelancer) either party may elect to move the dispute to paid arbitration. The other party will then have a further 4 days to agree to pay this fee and for both parties to submit any final evidence. If the other party fails to pay within time, they will lose the dispute.
The arbitration fee will then be refunded to the winner of the dispute.
Withdrawal Fees
Fees may be optionally levied depending on the method of withdrawal. Additional fees may be levied by the third party offering the withdrawal method.
| Payoneer | Soon |
| PayPal | Soon |
| FastPay | FREE |
| Payoneer Debit Card | Soon |
| International Wire | Soon |
We impose a minimum withdrawal, after fees, of IQD 0.00
Maintenance Fee
User Accounts that have not logged in for six months will incur a maintenance fee of up to $12.00 USD per month until either the account is terminated or reactivated for storage, bandwidth, support and management costs of providing hosting of the user’s profile, portfolio storage, listing in directories, provision of the Hire Me service, file storage and message storage. These fees will be refunded upon request by users on subsequent reactivation.
Taxes
Taxes are applied based on local rates and rules defined by the user’s country of residence / registered country.
| Iraq – Value Added Tax (VAT) | |
| USA- Value Added Tax (VAT) | |
| UK – Value Added Tax (VAT) |
User Agreement
The fees and charges summarized on this page are governed by the terms of the Iq Talent User Agreement and related site policies. The User Agreement includes other important terms and should be read in full. In particular section 23 of the User Agreement specifies the consequences of termination for violations of the User Agreement. Those consequences can include fines for damages that Iq Talent will sustain as a result of actions that breach the User Agreement.