11.12.21
VAT rate increase from 5 to 10%
The Council of Ministers in Bahrain has approved an increase in the standard VAT rate from 5% to 10% with effect from 1st January 2022, becoming the highest rate in the Gulf after Saudi Arabia.
The change is made in response to the impact COVID-19 had on Bahrain’s economy and it’s aiming to reboot Bahrain’s Fiscal Balance Programme (FBP).
Compliance is complicated
Want to learn more about how Tungsten Network makes the process of staying compliant easier?
Browse Bahrain updates
First step on e-invoicing implementation
- Mandate information
Urgent proposal to temporarily suspend VAT
- VAT/G(S)ST rate information
Bahrain launches Digital Stamp scheme on cigarette products
- Country updates
VAT rate increase from 5 to 10%
- VAT/G(S)ST rate information
Schedule a free consultation
Let us show you how we can support your business to send 100% compliant e-invoices in 54 countries. Please provide your details and one of our team will be in touch.