VAT obligations for Artists & Social Media Influencers in the UAE

As the UAE witnesses a rise in the number of career opportunities in the performing arts industry and for social media influencers, UAE authorities recognize the impact these roles have on society and have set guidelines and introduced compliances for the industry, especially tax implications.

• Who are social media influencers?
• Non-resident social media influencers
• Acting through agents

In summary, if an Artist or SMI has an agent and the agent acts in the name of and on behalf of the Artist or SMI, The Artist or SMI must account for VAT on the entire amount charged to the client and the agent must account for VAT on the fee or commission charged to the Artist or SMI.

Source: focus.hidubai.com

 

 

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