VATLive > Blog > Bahrain > Bahrain extends VAT registration deadline

Bahrain extends VAT registration deadline

  • Dec 24, 2019 | Richard Asquith

Bahrain has extended the registration deadline for small businesses until 26 December – an extra week. This last of three waves of registrations since the introduction of 5% VAT covers businesses with an annual turnover between BHD 37,500 and BHD 500,000.

The fine for failing to register on time is BHD 10,000. If the taxpayer is then not registered within 60 days of passing the threshold, a jail sentence may be imposed.

Bahrain implemented VAT at this start of 2019. It is the third Gulf State to do so, following Saudi Arabia and the UAE. The other three member states of the Gulf Cooperation Council - Qatar, Kuwait and Oman – have yet to confirm dates to join the Gulf VAT union.

Bahrain VAT news

VP Global Indirect Tax
Richard Asquith
VP Global Indirect Tax Richard Asquith
Richard Asquith is VP Global Indirect Tax at Avalara, helping businesses understand their compliance obligations as they grow globally. He is part of the European leadership team which won International Tax Review's 2020 Tax Technology Firm of the Year. Richard trained as an accountant with KPMG in the UK, and went on to work in Hungary, Russia and France with EY.
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