- The National Bureau for Revenue (NBR) in Bahrain is urging businesses to comply with VAT registration rules.
- The NBR has requested that businesses monitor the VAT registration rules and apply for registration when the threshold of BHD 37,500 is met or exceeded.
- This is part of the NBR’s efforts to improve VAT compliance and awareness.
- The number of taxpayers in Bahrain has grown to over 22,800 entities by the end of Q3 2023.
Source: assets.kpmg.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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