UAE VAT – Practical Difficulties Faced by Artists & Social Media Influencers | #Ep03
September 21, 2022
Artists and social media influencers have a number of practical challenges when it comes to tax compliance, including those of
- Not keeping any records of accounts to track revenues
- Services offered with a verbal confirmation
- FOC transactions
Revenues from social media, which is not against any supplies, and many more to follow…
Watch the video to understand more about the topic.
UAE VAT is Applicable to Artists & Social Media Influencers | #Ep02
Social media influencers and artists in the UAE are required to pay value-added tax (VAT) on the services they render, according to the Federal Tax Authority.
UAE VAT is Applicable to Artists & Social Media Influencers | #Ep01
In the UAE, freelance professionals, including social media influencers and artists, are required to produce tax invoices and submit periodic VAT returns.