- 06 Dec, 2018
Key VAT issues in spotlight
The Bahrain British Business Forum (BBBF) and BDO hosted a meeting at the Gulf Hotel Convention Centre to discuss the upcoming introduction of VAT in Bahrain. The meeting featured BDO Bahrain’s VAT specialists Smita Roy, BDO Partner (leader VAT), and Marlon Appleton, BDO senior manager (VAT), as guest speakers. More than 130 BBBF members were given a presentation...More...
- 28 Nov, 2018
Large firms must register for VAT before January 1st
Companies in Bahrain with sales exceeding BD5 million annually must register with tax authorities before January 1, ahead of the rolling out of Value Added Tax (VAT). The announcement was made today by Finance Ministry Assistant Under-Secretary for Development and Revenue Policies Rana Faqihi. She said VAT of five per cent would be rolled out in a phased mann...More...
- 11 Dec, 2018
Saudi Arabia & Bahrain VAT deadlines fall in December
VAT will also come into effect in the Kingdom of Bahrain with effect from 1 January 2019, with an obligation for some businesses to register in December 2018. Small businesses whose obligation to register for VAT in the Kingdom of Saudi Arabia (KSA) was deferred under transitional provisions will have to submit an application for registration by 20 December 2018. I...More...