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NBR holds a workshop for professionals working in audit firms
The National Bureau for Revenue (NBR) held a workshop primarily aimed at increasing professional auditors’ VAT awareness to better equip them with the knowledge they need to provide accurate VAT advisory and audit services.
A total of 57 professionals attended the workshop that provided a detailed presentation of the Kingdom’s VAT regulatory and procedural aspects, including registration requirements, filing requirements, and mechanisms for dealing with VAT-payers to better meet their needs.
Today’s workshop ensures the smooth implementation of VAT, particularly in regards to companies with an annual supply of BHD 500,000 to BHD 5,000,000 that are expected to complete their registration by June.