W3C and currencies exchange rates #2
By glazou on Tuesday 21 June 2005, 21:18 - Standards - Permalink
In the whole world at this time, 1 EUR roughly equals 1.25 USD.
But at the World Wide Web Consortium (W3C), 1 EUR is still 0.977 USD. So a European company will still pay its membership 28% (6.5 * 1.25 / 6.35) more than its American counterpart. Well done, guys...
Comments
Can't you just pay them in Dollars? Maybe that way you can use the current exchange rates..
Though I agree it sucks.
Why not ? some W3C members still have not implemented their newer recommendations neither tried to which is worse.
That's not the only organization with a strange exchange rate. Very many (I mean somewhere about 50%) of the companies have an exchange rate of 1EUR = 2CHF. We often pay 33% more although our value added tax is very low...
That sucks as well.
Dear Mister Daniel,
I am an expert in the relocalization of companies with the purpose of saving money on the very costly W3C fees. As a small French company, you operate under a multiplier of 0.1 within a High-Income Country and your annual W3C fees are:
65000 eur * 0.1 = 6500 eur or 8125 US$
I offer to relocate part of your internet legal entity to the country of Malawi, a Low-Income country with a multiplier of 0.015. Under this arrangement, your annual fees will be cut to:
65000 eur * 0.015 = 975 eur or 1218 US$
Moving your internet entity represents annual savings of more than 6900 US$. My one-time service fee of 10,000 US$ will be written-off in less than 18 months! And for a limited time only, it even includes the registration of your own domain in Malawi. Wouldn't you dream of owning NVu.MW and start saving thousands of dollars every year for the rest of your life? Write now, Mr Daniel!
Yours sincerely,
Mr Pierre
Ouais vas y Daniel, profite de cette super offre :D