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Okt 30, 2018 (Newsletter Issue 18/18)
Bahrain
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Value Added Tax Rate Introduced Soon


On October 5, 2018, the Kingdom of Bahrain issued Law No. 48 of 2018 with respect to Value-Added Tax (VAT Law). The VAT Law will come into effect from January 1, 2019, making Bahrain the third Gulf Cooperation Council (GCC) Member State to introduce value-added tax (VAT).

The VAT rate will be five percent and will be applicable on all Intellectual Property matters.

Source: www.agip.com