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In mid-September, Bahrain’s NBR updated the VAT Registration Guide, enhancing the registration process, providing step-by-step instructions, and clarifying VAT group formation, eligibility, and the “related” condition for taxable persons.
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The VAT registration process now includes account creation, eligibility questionnaires, submission of contact, economic, and bank details, plus supporting documents, ensuring taxable persons understand each stage of NBR verification and registration.
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The updated VAT Transportation Guide clarifies qualifying transport means, including vehicles, ships, or aircraft for commercial passenger or goods transport, giving detailed examples and explanations for applying VAT in the sector.
Source: vatabout.com
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