Bahrain VAT enactment 2018
- Jan 8, 2018 | Richard Asquith
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.