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Bahrain increases VAT rate from 5% to 10%

||Bahrain
Bahrain

The Kingdom of Bahrain started applying the value-added tax regime on 1 January 2019 at the basic rate of 5% on all goods and services, except for some zero-rated goods and services (e.g., education sector and medical care services) and VAT-exempt goods, such as dairies, fruits and vegetables.

 

On Monday, the Council of Ministers in Bahrain announced in their Cabinet session statement the amendment to the value-added tax percentage increase from 5% to 10 %, starting from 1 January 2022. Th…

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