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Bahrain
STA Law Firm
The Kingdom of Bahrain under Decree-Law Number 48 of 2018 (Decree-Law) is the pivotal legislation with regards to Value Added Tax (VAT) in Bahrain.
Charles Russell Speechlys
On 14 October 2019, the Luxembourg government has issued the 2020 draft budget law (the "Bill").
TMF Group
On 1 January 2019, the Kingdom of Bahrain became the third Gulf Cooperation Council (GCC) member state to introduce VAT at the standard rate of 5%, following the United Arab Emirates and Kingdom of Saudi Arabia.
STA Law Firm
With Bahrain's VAT commencing 1 January 2019, the country is making a significant leap in their economic front.
STA Law Firm
The GCC countries, through the GCC Common VAT Agreement, have agreed to introduce VAT within their systems.
TMF Group
Companies supplying taxable goods or services in Bahrain must comply with new VAT laws from January.
STA Law Firm
It is an Agreement concerning the improvement of International Tax Compliance and implementing Foreign Account Tax Compliance Act (FATCA).
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