The National Bureau for Revenue (NBR) in Bahrain has released a VAT Oil and Gas Guide. The Guide explains the extent of VAT zero-rating in the upstream, midstream and downstream sectors. The Guide addresses the VAT treatment of issues such as granting of exploration and exploitation rights, supply of staff, contractual arrangements and the VAT implications of petrol station operating models.
Source: PwC
Source Oil and gas guide
Latest Posts in "Bahrain"
- VAT Refund Process in Bahrain for Foreign Businesses: Eligibility, Expenses, and Application Guide
- National Bureau for Revenue Updates VAT Guides on Manpower, Real Estate, and Financial Services
- Parliament to Debate VAT Exemption for Low-Income Bahrainis Earning Under BD600 Monthly
- Bahrain’s VAT Policy Praised for Transparency, Clarity, and Ongoing Taxpayer Engagement
- Bahrain Updates VAT Guide: New Rules for Outsourced Services and Employee Secondment
