News / Date of Publishing: 12/12/2021
Affected region: Bahrain
Bahrain Parliament Approves Decision to Double VAT to 10%
Bahrain’s parliament approved a bill to double the country’s Value Added Tax (VAT) from the existing 5 per cent to 10 per cent.
The bill has now been sent to the Shura Council, and if approved by the upper chamber, it will likely be introduced starting January 1, 2022.