- The National Bureau of Revenue in Bahrain released version 1.5 of the VAT Real Estate Guide on 25 June 2025.
- A new section addresses VAT obligations for Owners Associations.
- Non-economic activities include services aligned with an OA’s primary functions, such as legal proceedings and maintenance of common areas, and do not require VAT registration.
- Economic activities are services outside an OA’s primary role, conducted regularly to generate income, and may require VAT registration if the threshold is met.
Source: pwc.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.
