NARAYAN &  NARAYAN

Overview NBR has published a guide which gives an overview of the VAT rules and procedures in Bahrain in relation to the process of...

The NBR has issued a public clarification (VAT/PC/20/1) on the VAT treatment of repairing goods that are under a warranty. General rule...

Overview The Economic Substance regulations for Geographic Mobile Activities in the Kingdom of Bahrain (the “Regulations”) were issued by...

The National Bureau for Revenue (NBR) announced that (enterprises subject to VAT) VAT payers, whose annual supplies are less than BD...

Introduction This article describes the record keeping requirements including the type of records to be maintained for VAT purposes...

Introduction One of the immediate requirements for businesses getting registered in Bahrain is to issue a VAT invoice. VAT Invoice in...

Introduction Bahrain VAT is following a phased process whereby entities or individuals within specific annual VATable supply brackets are...

Introduction The taxpayer needs to furnish the details in the return format as prescribed by the National Bureau for Revenue (NBR). The...

On 1st January 2019 Bahrain implemented Value Added Tax (VAT), becoming the third GCC country to do so. At the end of each VAT period,...

The Bahrain Ministry of Finance (“MoF”) has now released the VAT Executive Regulations., following the publication of the Value Added Tax...

The Ministry of Finance (MoF) has announced transitional mandatory registration provisions for residents to be phased in during 2019. The...

In November 2016, the Gulf Cooperation member states agreed and signed a framework agreement for the introduction of Value Added Tax...