- The National Bureau for Revenue in Bahrain has extended the retention period of records and accounting books related to VAT by five additional years
- The initial five-year record retention period for the first tax period in 2019 was set to expire on 31 March 2024
- Taxpayers were notified of this extension via email on 28 February
Source: 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.
Latest Posts in "Bahrain"
- Bahrain Updates Global Minimum Tax FAQs and VAT Deregistration Manual for Enhanced Compliance
- Bahrain Updates DMTT FAQs and VAT Deregistration Guidance for Enhanced Tax Compliance
- NBR Releases Updated VAT Deregistration Manual with Step-by-Step Guidance
- MP Proposes VAT-Free Zone Near Khalifa Port to Boost Re-Export and Ease SME Cash Flow
- Bahrain Parliament to Debate VAT Exemption for Social and Youth Associations














