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Negew Chelsea Boots, waxed black
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Part of product's price consists of cost of materials used for production as well as manufacturer's salary and taxes. Cost of goods sold includes all of the costs and expenses directly related to the production of goods.
Part of the price consists of VAT (of varying rates depending on the country from which the order originates). Acting in accordance with the law, we also pay other taxes, such as Personal Income Tax, Corporate Income Tax and Social Insurance (Polish: ZUS).
Operating and management costs of a company include employee salaries, rent, transportation, administrative costs, IT costs, marketing expenses, as well as financial costs (e.g., gateway fees). The company's profit is reinvested in its further development. We allocate a minimum of 1% of the profit to support selected social initiatives and foundations that exist to build a better quality of life.
