The article further states a supplier can continue with 5% VAT for a contract signed on or before the 31st of December 2021 and becomes effective after the date of enforcement of the new VAT law.
Meaning, one could continue with 5% VAT until the end date of the contract, or contract renewal or amendment date, or a year from the 1st of January 2022. However, if the contract period exceeds 2022, the VAT rate will change to 10% on the supplies spanning after 2022.
Source: newsofbahrain.com
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