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  • 06 Dec 2018Bahrain

    Post successful implementation of Value Added Tax (VAT) laws in United Arab Emirates (UAE), another GCC country, the Kingdom of Bahrain, is already on the move to implement VAT with effect from 1 January 2019. The beginning of this week has witnessed a significant move by the tax authority i.e. the National Bureau of Taxation (NBT) in Bahrain. On the 3 December 2018, NBT has provided important information regarding the implementation of VAT in the region. Some of the highlights are summarized below.

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  • 22 Nov 2018Bahrain

    Trade Arabia, 22 November 2018: Bahrain’s Central Bank has announced it has expanded the range of services covered under the existing Crowdfunding Rules.

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  • 05 Nov 2018Bahrain - Kuwait - Oman - Qatar - Saudi Arabia - United Arab Emirates

    AlArabiya, 4 November 2018: The permanent gulf commission to combat damaging practices in international trade has issued a decision accepting a complaint about ceramic imports flooding.

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  • 16 Oct 2018Bahrain

    Following an extraordinary sessions of both houses of Bahrain’s National Assembly, the Council of Ministers and Shoura Council have approved the bills for the unified GCC VAT Agreement and the draft VAT law.

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  • 09 Oct 2018Bahrain

    Bahraini newspaper Alayam has published the list of products to be zero-rated for VAT. Customers will not be charged VAT on the goods although they will still be VAT taxable for accounting purposes.

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  • 08 Oct 2018Bahrain

    Bahrain’s Parliament has voted to approve a Decree-Law to impose 5% VAT on goods and services in a special joint session.

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