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Bahrain VAT enactment 2018

  • Jan 8, 2018 | Richard Asquith

Bahrain VAT enactment 2018

Bahrain has committed to introduce a 5% VAT before the end 2018.

The state was one of the six Gulf Cooperation states which signed the Unified VAT Agreement to introduce a harmonised VAT union.  Two of the states, Saudi Arabia and UAE, launched on 1 January 2018.  The other three, Kuwait, Oman and Qatar are likely to introduce the consumption tax in 2019 or later.

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.