10.10.2018

Bahrain VAT Regime 2019

Bahrain is set to become the third Gulf Cooperation Council (GCC) to implement the unified agreement on Value Added Tax (VAT) on goods and services.

Bahrain VAT Update for 2019

 

It was announced at the start of 2018 that the VAT regime would be implemented by October of this year. However, the Bahrain Parliament has now approved a VAT agreement, and the 5% VAT Rate will be effective from January 1st 2019.
 
Saudi Arabia and The United Arab Emirates became the first countries in the Gulf Region to implement a VAT regime this year. Other Gulf Region countries have been working on following in their footsteps with this new VAT regime.
 
Check out our latest updates on the VAT Regime in the Gulf Region below!
Gulf Region VAT Updates
 

We know that Indirect taxes such as VAT and GST can have a huge effect on your business. As VAT rates change sporadically keeping yourself informed can be difficult.  Compliance is always crucial. That’s why our Indirect Tax Experts share their hand-picked news stories every day that you need to know. From breaking news to VAT changes and new EU legislation. We know that relevant information means better decision making. We aim to be your number 1 source for VAT and GST news.

 +353 56 778 34 00  | vat@taxbackinternational.com 

 

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