On 1 January 2019, the Kingdom of Bahrain became the third Gulf Cooperation Council (GCC) member state to introduce VAT at the standard rate of 5%, following the United Arab Emirates and Kingdom of Saudi Arabia.
In this quick guide, you’ll find answers to some frequently asked questions and topics.
- What are the taxpayer registration timelines?
- Is it mandatory to register if you’re a non-resident person?
- What are tax implications and documentation for intra-GCC transactions?
- What filing rules apply?
Download your complimentary copy to see how to finalise your VAT registration, complete readiness activities and be compliant.