Tekora

Terms & Conditions

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Last Updated: 2026.02.19

1. Subject of the Offer

This Public Offer (the "Offer") is a legal agreement between Tekora, Reg. No: 40203722403, Address: Eksporta, 2, LV-1010, Riga, Latvia (the "Contractor") and any legal entity or individual (the "Client") that accepts this Offer.

2. Acceptance

The Client accepts this Offer by making a payment based on an invoice issued by the Contractor. Payment of the invoice constitutes:

  • Full and irrevocable acceptance of these Terms & Conditions.
  • Confirmation that the Services described in the invoice have been performed to the Client's satisfaction and are accepted in full.

3. Services and Scope

3.1. The Contractor provides software development services on a weekly basis.

3.2. The Services include: development and optimization of automated financial data processing modules; trading algorithms development and implementation; web application development and maintenance; server setup and administration; API integration and third-party service connectivity; system maintenance and technical support.

3.3. Specific task prioritization is managed via electronic communication (email or messengers ). The weekly fee is fixed at 1250 USD, unless otherwise agreed in writing.

4. Payment Terms

4.1. The Contractor issues invoices weekly upon completion of the service period.

4.2. The Client shall pay the invoice within 3 business days of receipt.

4.3. VAT Treatment: VAT is not applicable. The Contractor is not a registered VAT payer in accordance with the Law on Value Added Tax of the Republic of Latvia.

4.4. If no written objections regarding the quality or scope of Services are received within 5 business days after payment, the Services are deemed fully accepted.

5. Status and Taxation

5.1. The Contractor is an independent contractor. This Offer does not create an employment relationship, partnership, or joint venture.

5.2. The Contractor has the sole right to control and direct the means, details, and methods of performing the Services and is not subject to a fixed work schedule.

5.3. The Contractor is a tax resident of Latvia and is solely responsible for all taxes and social contributions in their jurisdiction.

5.4. The Contractor confirms they have no "Permanent Establishment" in the USA. All services are performed outside the United States.

6. Confidentiality and Termination

6.1. Either party may terminate the cooperation at any time by notifying the other party via email. Any outstanding invoices for work performed must be paid in full.

6.2. Both parties agree to keep confidential all proprietary and business information disclosed under this Offer.