Brokerage contract can be concluded with electronic signature When concluding an intermediary contract using an electronic signature, it is necessary to introduce an electronic contract service that supports the intermediary contract. When using electronic contract services, it is common to upload contract documents to a cloud server and electronically sign them on the management screen. Depending on the electronic contract service, it is possible to conclude a brokerage contract in as little as 10 minutes. 1-3. Advantages of Digitizing Brokerage Contracts There are two advantages to digitizing brokerage agreements: cost reduction and reduction in man-hours for contract procedures.
With the introduction of electronic contracts, there is no need to print and mail intermediary contracts, so costs such as printing and mailing costs can be reduced. Electronic conl Cambodia phone number list dtracts are not considered "taxable documents" under the Stamp Tax Law, so there is no need to affix revenue stamps. Taxable documents refer to documents (contracts) on which stamp duty is imposed. It is common to attach a stamp to the tax document and pay the tax. In addition, by shifting to non-face-to-face contract procedures, the man-hours for contract procedures can be reduced. It contributes to operational efficiency because it eliminates contract work such as mailing of intermediation contracts and stamping.
Impact of digital reform laws Digital reform-related laws refer to six laws that were passed at the plenary session of the House of Councilors on May 12, 2021, and which aim to realize a digital society. With the enactment of laws related to digital reform, it is now possible to digitize various contracts, including intermediary contracts in real estate transactions. Here, we will explain the impact of digital reform-related laws and contracts that can be newly digitized. 2-1. Things that have changed with digital reform related laws.