Firms to now pay 5% VAT for UAE ads

Facebook

If you use Facebook ads for your business, it's now going to cost you a little more.

In an email, the social media giant announced that a 5 per cent Value Added Tax (VAT) will be levied on online promotions targeted at UAE audience.

Additionally, business owners can claim their VAT refund once their Tax Registration Number (TRN) is updated on Facebook.

 

More from Business News

On Virgin Radio today

  • Non Stop Hits

    Midnight - 6:00am

    The UAE's #1 Hit Music Station with no interruptions

  • The Kris Fade Show

    6:00am - 10:00am

    Kris, Priti and Rossi host the UAE's biggest radio show. It's full of fun, laughs and it's Where The Stars Live.

Trending on Virgin Radio