Bahrain NBT releases “General VAT Guide”

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31 December, 2018

In brief

The National Bureau for Taxation (NBT) has released a general VAT guide on their website. The document acts as an explanatory guide to VAT principles in Bahrain. The guide will provide information needed by businesses to comply with the new VAT rules which will become effective 1 January 2019.

Link

You can access the guide through the link below:

https://www.nbt.gov.bh/pdf/20181230_VAT_GENERAL_GUIDE_v1.0.pdf

The takeaway

It is expected that the NBT will release additional guides, updates and clarifications over the coming weeks. Businesses should immediately consider the impact of such clarifications and releases on their business and what steps they need to take to ensure they are compliant with the new VAT system.

Contact us

Ken Healy

Indirect Tax Partner, PwC Middle East

Tel: +973 1711 8886

Jeanine Daou

Indirect Tax Leader, PwC Middle East

Tel: +971 (0) 4 304 3744

Mohamed Al Mahroos

Bahrain VAT Senior Manager, PwC Middle East

Tel: +973 1711 8857

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