• There is no personal or corporate income tax, withholding taxes or value added tax applicable in Bahrain.

• Municipal tax of 10% is payable on the monthly rental of residential and business property.

• A government levy is applied at 5% on the gross turnover of hotel and entertainment businesses.

• Import duties are levied at a rate of 5%, although many items are exempt from duty.

• Bahrain has entered into a limited number of double tax agreements with certain countries.

No form of personal, corporate, withholding or value added tax is applicable in Bahrain. There is no personal tax except municipal tax of 10% on the monthly rental of residential and business property. In addition, a 5% government levy on gross turnover is imposed on hotel services and entertainment.