- UAE’s influencer industry is growing rapidly
- Corporate Tax rate is 9% and Value Added Tax rate is 5%
- VAT regulations apply once taxable supplies exceed Dh375,000 annually
- VAT registration is mandatory upon surpassing the threshold
- Failure to register for VAT results in influencer paying 5% VAT themselves
- Influencers can claim input tax to offset VAT liability
- VAT applies at 5% for services like promotion, regardless of brand location
- VAT on goods or services received through barter depends on brand location
- VAT on electronic services varies based on factors like location of audience and platform operations
Source: gulfnews.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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