Excise Tax in Bahrain Excise Tax is an indirect tax levied by the Bahrain government on goods that are considered harmful to human health or the environment. The basic reason for implementing Excise Tax is to reduce the cons...
E-Commerce VAT in Bahrain and its Applicability E-commerce VAT in Bahrain and its application case studies in the different scenario; An e-commerce transaction relating to goods involves the sale of goods via an online pla...
VAT Registration &Deregistration in Bahrain VAT Registration in Bahrain is a process through which a taxable entity requests to be registered for Value Added Tax (VAT). Upon registration, a dedicated VAT account number will...
VAT treatment on discounts in Bahrain Often the supplier of goods and services provides discounts on the value of the supply to its customers for various reasons. Let us go through the VAT treatment on these transactions. B...
VAT Audit in Bahrain VAT Audit in Bahrain is a process by which the National Bureau for Revenue (NBR) will assess whether the VAT payer complies with the Bahrain VAT Law. As you all know, all the VAT payers could be subject...
Who is an agent? VAT treatment in Bahrain on the supplies made by the agent will depend on the nature of the agency. An agent is a person who acts on behalf of another person. Often the businesses employ agents in order...
VAT in Bahrain on Loyalty Points Loyalty points awarded to customers is a widely accepted marketing tool used by many of the retailers in Bahrain. There are a variety of ways in which the retailers\' award loyalty point...
Can businesses change the type of their VAT Return in Bahrain? Taxable businesses in Bahrain can change their type of VAT Return from, full VAT Return to a Simplified VAT Return. There are certain conditions to be met to...
Updated VAT Real Estate Guide in Bahrain VAT Treatment in Bahrain, generally construction implies building stuff like a home, office, factory, warehouse, road, bridge, etc. Construction can include demo...
VAT Group as per the Bahrain VAT Law As per the Bahrain VAT law, two or more persons can form a VAT group and act as a single entity for the purpose of VAT. But there are certain conditions to be met before forming a VAT group. Those taxable...
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