2020 Brings New NAD and NARB Fees

The National Advertising Division (NAD) of BBB National Programs, Inc. has changed its filing fees effective January 1, 2020.

For companies with annual gross revenue of $5 billion or more, the new NAD filing fee is $35,000, while companies with annual revenue of between $250 million and $5 billion will have to pay $30,000. Previously companies with annual revenue over $1 billion were subject to a $25,000 filing fee, while those with revenue under $1 billion paid a $20,000 fee. There is still a discount for national corporate partners of the Council of Better Business Bureaus. The NARB filing fee has been increased from $20,000 to $25,000.

Notably, the revised fee schedule includes a new category designed to encourage participation from small businesses. Businesses with annual revenue under $250 million will be required to pay a $10,000 filing fee.

In 2020 the NAD and NARB will also introduce a new online submission process, which will increase efficiency.

For more information, click here.  

Contacts

Continue Reading