Communication - Press

99pc of firms sign up for VAT

MANAMA: The National Bureau for Revenue (NBR) has announced that 99 per cent of relevant enterprises operating in Bahrain have successfully registered with tax authorities.

The NBR identified 12 enterprises that are in violation of Bahrain’s VAT Law by not submitting a registration application, paying the tax by the deadline, or filing their return form.

The bureau said they had been fined, warned of further action which may lead to the suspension of their Commercial Registration.

The NBR encouraged stakeholders to report violations by calling 80008001 or emailing vat(@)nbr.gov.bh.

Source: http://www.gdnonline.com/Details/581416