General information
In various e-sports tournaments and sometimes in other activities at our Glitched festivals, we offer prize money and sometimes product prizes.
In the case of product prices, all products are delivered on site, and if Glitched cannot provide the product prices on site, Glitched will deliver them to your home address within a reasonable time.
As part of each tournament's rules, Glitched reserves the right to deduct prize money if the team/player does not follow the official rules. For example, specific deductions may be made if the team/player does not turn up for the prize-giving ceremony or has received warnings under the official rules.
This policy outlines the procedures for claiming prize money from Glitched official e-sports tournaments and all other cash prize competitions. These rules apply to all participants and are non-negotiable.
For team-based competitions, one person must handle the payment if it is done as an individual.
How do I make my claim?
Prize money must be claimed.
- Deadline: Prize money must be claimed within 30 days of winning, otherwise the claim lapses. This ensures payout within 90 days of the win.
- Process: Follow the procedure below to claim your prize money, based on your situation
- Currency: Prize money is paid in SEK.
- Taxation:
- Prize money is tax-free only if it is claimed by a registered company, association or non-profit organisation.
- Individuals claiming prize money are taxed according to Swedish law and social security contributions are added, as it is treated as salary. By law, one person is responsible for the claim.
1. invoicing for companies/associations/non-profit organisations
To claim prize money as a company, association or non-profit organisation, send an invoice with the following information:
- Event name (e.g. Glitched 2025)
- Tournament name and ranking (e.g. Valorant, 1st place)
- Name of participant, team or organisation
- Contact details (e-mail, telephone number with country code)
- The invoice is addressed to:
Glitched AB
Myntgatan 13 C/O Christoffer Melin Holmberg
SE-553 32
Jönköping, Sweden
ORG NO: 559496-8256
VAT NO: SE559496825601 - Due date: 90 days from the end of the event
- Bank details: IBAN, SWIFT/BIC and routing number (for US participants)
- For EU invoices: Include VAT number or clearly indicate if VAT exemption applies (e.g. ”Exempt from VAT under local rules”)
Send invoices to: invoice@glitched.se
2. private individuals: Swedish participants
Prize money for individuals is treated as salary under Swedish law, which means that Glitched must deduct tax and social security contributions before payment. Please send the following information by email to invoice@glitched.se:
- Full name
- Swedish personal identity number
- Telephone numbers (home and mobile)
- E-mail address
- Home address
- Bank name (e.g. Nordea)
- Clearing number
- Account number
- Tournament details (name and location)
3. Private individuals: non-Swedish participants
Non-Swedish participants are also subject to Swedish tax law, and prize money is treated as salary.
Non-Swedish participants must claim money and sign a tax registration form. We will send this by email.
Note
Glitched deducts ”Special income tax for foreign residents” and social security contributions before payment. Processing by the Swedish Tax Agency normally takes 4-8 weeks. Tax rates vary depending on the country of residence - contact your local tax authority for information.
Contact us
For all questions about prize money, email invoice@glitched.se.
This policy ensures clarity and compliance with Swedish legislation and simplifies the payment process for all participants.