Cabinet exempts 1400 essential services from VAT
Manama: In line with HM the King’s directives to consider citizens’ needs through exemptions and non-application of VAT on basic ...
Tag: VAT
CBB confirms VAT exemptions for banking, financial services
MANAMA: The Central Bank of Bahrain (CBB) has confirmed exemption of Value Added Tax for the Financial Sector and Banking ...
MCA opens Bahrain office ahead of VAT implementation
Manama: MCA a leading professional services firm in India and UAE opened its Branch in the Kingdom of Bahrain in ...
VAT compliance must be a top priority for businesses in Bahrain
MANAMA: As the timeframe for the implementation of the VAT by early next year is getting closer, the businesses in ...
Over two third of businesses in GCC are not ready for VAT
MANAMA: Over 69% of the businesses in the region feel that they not be prepared for the proposed implementation of ...
GCC VAT implementation may cause operational risks
Dubai/London: The plan to introduce value-added tax in Gulf Cooperation Council (GCC) member states could create operational risks for companies ...
GCC VAT a test for Islamic finance, says Fitch
London: The plan to introduce Value Added Tax (VAT) in Gulf Cooperation Council (GCC) member states could be a key ...
VAT introduction in GCC to significantly impact operations
MANAMA: VAT introduction in GCC to significantly impact operations, says Deloitte. Deloitte hosted business leaders in its annual seminar on ...
ABG senior officials get insight on VAT
MANAMA: The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) organized a workshop on value-added tax ...
Bahrain eyes 5% VAT by end of Q2
MANAMA: The Kingdom of Bahrain is planning to introduce 2% to 5% value added tax by the end of Q2 ...