Bahrain launches 5% VAT October 2018

Tue 16th Jan 2018

Newspaper reports claim the Bahraini Ministry of Finance has confirmed that it will launch a 5% VAT regime on 1 October 2018.  Supplies subject to VAT will exclude health care, education and transportation.  There will be a VAT registration threshold of approximately $100,000.

Bahrain will be the third member of the Arab Gulf Coordination Council (GCC) to implement the harmonized indirect tax – Saudi Arabia and UAE launched on 1 January 2018. Other members may launch in 2019.

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