Important terms under VAT in Bahrain

It is important to understand the meaning of the frequently used terms and definitions under VAT. These terms will soon become a part of your daily business conversations with all your stakeholders. Let us understand the important terms under VAT in Bahrain, along...

VAT Rate in Bahrain

 While the authorities are working in full swing to implement VAT on 1st January 2018, it is very important for businesses to understand the VAT concepts and accordingly prepare towards it. In this article, we will understand the structure of the VAT Rate in Bahrain....

Who should register under VAT in Bahrain?

The first compliance activity for all businesses in Bahrain is to register under VAT. Businesses must know about who is obligated to register under VAT. Certain businesses are mandatorily required to obtain a VAT registration. At the same time, there is also a...

What is VAT and how does it work?

Bahrain is the third GCC Member state to implement VAT after UAE and Saudi Arabia. You must have read our previous article’ Important terms under VAT in Bahrain’, which talks about the common terms frequently used in dealing with VAT. In this article, let us...

Introduction to VAT in Bahrain

‘VAT in Bahrain’ is a buzzword among the businesses located in Bahrain. Bahrain VAT Implementation On 9th October 2018, Bahrain VAT Laws under the Royal Decree No. (48) of 2018 was approved and was released on its official website. The Bahrain Tax laws officially...

Tally.ERP 9 for simplified VAT compliance in Bahrain

Businesses in Bahrain can rely on Tally.ERP 9 for the seamless transition to VAT and regular compliance with VAT rules. Tally.ERP 9, trusted by more than 1.2 million businesses globally, is backed by over 30 years of expertise in building software for VAT in different...