2025-25 Budget lays ground for rise in 10% VAT rate The Bahrain 2025-26 budget has been submitted to Parliament. This includes a potential VAT rise (no increase specified yet) and other tax reforms. Bahrain’s VAT rate has been 10% since a VAT rise in 2022.
National Bureau for Revenue publishes B2B e-invoicing tender The Bahraini tax authority, The National Bureau for Revenue (NBR), is completing the design and build of a nation-wide B2B electronic invoicing system. This includes the design of IT architecture cybersecurity, project management and development. It is
On 1 January 2019, the Arab Gulf state of the Kingdom of Bahrain implemented Value Added Tax on non-resident digital or electronic services providers or marketplaces selling to consumers. This was the date when it implemented its 5% VAT regime as part of the Gulf
Bahraini National Bureau for Revenue issues e-invoice launch tendor following public survey – possible January 2024 launch The Bahrain NBR is now seeking proposals for the introduction of an e-invoicing regime. This follows a public survey earlier this year. Bahrain is likely to follow the
Taxpayer invoicing mandatory survey signals plans for e-invoicing The Kindgdom of Bahrain’s National Bureau for Revenue has launched survey to estimate the volumes and natures of VAT invoicing in the Arab Gulf island. Thins includes taking a mandatory questionnaire on invoicing pattern volumes and the
Guidance on transitional rules on Value Added Tax rise 1 January 2022 The Bahraini National Bureau for Revenue has issued implementation guidance for the rise on VAT from 5% to 10% from 1 January 2022. This covers when to switch VAT rate, time of supply
Shura Council and Council of Representatives have now both approved VAT hike due to COVID-19 pandemic The Arab Gulf Kingdom of Bahrain will raise its standard Value Added Tax rate from 5% to 10% from 1 January 2022 following the formal approval by upper house
Drop in oil prices and COVID-19 may force VAT hike The Arab Gulf state of Bahrain will raise its standard Value Added Tax rate from 5% to 10% from 1 January 2022. The hike is being impelmented as the state has struggled to contain its
Bahrain has become the third of six Gulf Cooperation Council (GCC) states to implement a 5% VAT regime. The six states agreed in 2018 to form a VAT and Customs union, similar to the European Unions. Key facts: Phased 3-stage registrations in 2019 of eligible
