Thursday, October 28, 2021
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VAT Plans Set For Implementation

by BTM

Tue, 28 September 2021

value added tax in bahrain

A draft law aimed for implementation from January 1, 2022 to adjust Value Added Tax (VAT) has been referred to the National Assembly.

The bill was approved by the Cabinet during its weekly session chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, today.

It is likely that VAT will be doubled from 5 percent to 10 percent under a proposed amendment.

For more news and information, visit www.bahrainthismonth.com/updates

#BAHRAIN UPDATES #VAT IN BAHRAIN #VALUE ADDED TAX BAHRAIN

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