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.

Bahrain approved the law for the ratification of the pending income tax treaty with Guernsey on 23 April.

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.

With Bahrain's VAT commencing 1 January 2019, the country is making a significant leap in their economic front.

Bahrain takes a significant leap in global tax compliance with the introduction of the Domestic minimum top-up tax (DMTT), effective 1 January 2025. This pivotal legislation, aligned with OECD's GloBE...

The GCC countries, through the GCC Common VAT Agreement, have agreed to introduce VAT within their systems.

On 14 October 2019, the Luxembourg government has issued the 2020 draft budget law (the "Bill").

On 29 December 2025, the Bahraini Cabinet approved the introduction of Corporate Income Tax ("CIT") in Bahrain, with implementation anticipated from 2027.

It is an Agreement concerning the improvement of International Tax Compliance and implementing Foreign Account Tax Compliance Act (FATCA).

On the 1 Sept. 2024, the Kingdom of Bahrain announced the introduction of a Domestic Minimum Top-up Tax (DMTT) for multinational enterprises (MNEs).

Bahrain took a big leap towards meeting its global tax compliance commitments with the publication of Decree-Law No. (11) of 2024 on the Taxation of Multinational Enterprises on 1 September.

Bahrain offers one of the most tax-friendly environments in the Gulf.

On 1 September 2024, Bahrain's National Bureau of Revenue (BNBR) published Decree-Law No. (11) of 2024 Issuing the Implementation of Tax on Multinational Enterprises (Law). The Law introduces a Domestic.

Companies supplying taxable goods or services in Bahrain must comply with new VAT laws from January.