Blogs

VAT Treatment in Bahrain  Under the Bahrain VAT Law, when a VAT payer sells the assets of his business, such a transaction would normally be subject to VAT at the appropriate rate. However, in this blog, we shall take you t...

VAT Refund in Bahrain for Eligible person As per the Bahrain VAT Law, there are some persons who meet the requirements to apply for VAT Refund when they make their regular purchases. They are termed as “eligible persons...

 Economic Activity for VAT purpose in Bahrain Anyone who is carrying out an Economic Activity in Bahrain should be registered for VAT in Bahrain. But how do you determine whether you are conducting any Economic Activity for...

VAT Return in Bahrain The Bahrain VAT Law has introduced Simplified VAT Return form which can be chosen by small enterprises if the following conditions are met: Annual revenue is less than BD 100,000. The enterprise...

VAT Treatment in Bahrain on Oil and Gas Industry  Oil and Gas is one of the major economic sectors in the Kingdom of Bahrain and its contribution to the real GDP is quite considerable. When the...

VAT Payment Service in Bahrain As per the Bahrain VAT law and with the introduction of VAT in Bahrain, every taxable person in the kingdom should submit their VAT Returns under e-services through the websit...

All you need to know about imports under Bahrain VAT The companies are liable to pay VAT at applicable rates when the goods are imported to the territory of Bahrain. Now let us look at the VAT treatment of imports and how to...

Tax Payment Methods for VAT Return in Bahrain In accordance with the Bahrain VAT Law, a person registered for VAT in Bahrain is obliged to charge VAT for standard-rated supplies from their customers and pay it to the National Bureau for R...

VAT Treatment in Bahrain The VAT Treatment in Bahrain for Damaged or stolen goods, obsolete goods, consignment stock etc is often confusing. The Bahrain VAT Law clearly lays out the procedures to be followed by an organiz...

Conditions for Input VAT Recovery in Bahrain Under the Bahrain VAT Law, Input VAT Recovery in Bahrain is incurred by a taxable person is subject to various conditions to be met. As per the Bahrain VAT Law, generally, Input V...