Before Clicking on the button, Kindly read the rules and regulations given herein below.
Before Clicking on the button, Kindly read the rules and regulations given herein below.
Royalty Withdrawal Process, Rules and Regulations
1. The withdrawal process can be initiated only after 95 days from the date of publication of the book(s) and/or Titles.
2. Author(s) should have obtained a Copyright Certificate issued by the Competent authority. In case of international Publication i.e. Book available in more than One Country, Author should apply for Copyright Registration through ICRIPRO, in case of domestic publication Author should consult with the Copyright Registry of their respective Country. While withdrawing the Royalty, Authors must furnish the Copyright Certificate issued by the Competent Authority.
3. There is a threshold limit which means if a certain amount of royalty has not reached, Authors will be unable to withdraw their royalty under normal circumstances. [Threshold limit: $150]
Note: The threshold limit has been imposed keeping in view all the international trade agreements and conventions, rules, laws, regulations, notifications, banking regulations, taxation policies of different countries. The threshold limits are subjected to change as per the Market Scenario driven by international players and stakeholders.
4. The Author(s) or his/her authorized agent or his/her successor can only withdraw the royalty by filling out the withdrawal form and no other person including publishing assistant or publisher or publishing agent whosoever may be, is ineligible to withdraw royalties.
5. The Author(s) must furnish e-payment details (Paypal will be accepted only for now) and banking information. IADOC may release the royalty either in Paypal or bank as it may think fit or proper. In a few instances IADOC may release the fund of royalty into Publisher’s account and may direct the publisher to transfer the fund immediately to the Author’s account.
6. After fulfilling the above mentioned requirements, Author(s) can at any given point of time withdraw their royalty and if Author(s) is in any kind of urgent need (as specified in the withdrawal form), can withdraw the royalty without the threshold limit [eg. $150] as mentioned in clause 3. above herein.
7. If the threshold limit for the royalty withdrawal is not fulfilled, Authors can adjust those royalties by ordering any service or during the publication process of the next book from its publication concern only.
8. In case of any problem or crisis arises in regards to the Royalties, Author has to register their case and submit their petition and the matter would be solely solved by the appointment of an Arbitrator (who will be independent and impartial) would be appointed by IADOC and the judgement awarded by the Arbitrator would be final and binding to the Publisher, distributing houses and agencies, agents and Authors whoever the person maybe.
9. In regards to the taxation issues be it domestic or international all Authors have to comply and adhere to the same. In case of any international treaties or loss governing the regulation of inter states if any pre-fixed percentage is deducted from the Authors Royalty prior to the withdrawal has to be respected, or in the case of post withdrawal situation if the Authors Royalty is subjected to taxation of that particular country, the Authors has to comply the same.
10. Once the Royalty is withdrawn Authors can withdraw their next Royalty again after 95 days ‘Gestation Period’
11. All the different kinds of royalties i.e. be it book royalty, motivational royalty, shared royalty and movie royalty will be reflected in the Author’s Dashboard with one Unique SALES ID.
12. In case of Authorized Agents or legal successors executed through will is withdrawing the Royalty has to furnish the legally executed document registered with IADOC while withdrawing the Royalty.