Bahrain's National Bureau for Revenue (NBR) has published VAT Financial Services Guide Version 1.4, dated 3 August 2026. Financial services are subject to the following general VAT treatment in Bahrain:
- Zero-rated if provided to a recipient resident outside Bahrain, provided that the conditions for export of services are met;
- Standard-rated (10%) if the consideration payable in respect of the services is by way of an explicit fee, commission, or commercial discount; and
- VAT-exempt if the co…