Social media giant Facebook has announced implementing value-added tax (VAT) on the sale of ads in the UAE.
A statement said that “All advertisers with a ‘sold to’ of United Arab Emirates that have not provided a tax registration number will be charged VAT at 5% on advertising services, “It is important that you provide a valid tax registration number. We are legally required to verify this number with the UAE tax authority. Invalid tax registration numbers will be disregarded and as a result, you will be charged a 5 percent VAT on the purchase of ads.”
The notice said that tax registration numbers can be added to a business’ Facebook account through ‘account settings’.
Then add or confirm your state. Add your 15-digit tax registration number provide a valid tax registration number. They will verify this number with the UAE tax authority. Invalid tax registration numbers will be disregarded and as a result, you will be charged a 5% VAT on the purchase of ads.
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