Introduced in the Kingdom of Bahrain in 2019 with an initial rate of 5%, the Bahraini VAT rate doubled in 2022. Today, the standard VAT rate in Bahrain stands at 10% and applies to most […]
Established in 1981, the Gulf Cooperation Council is a political and economic union of six Arab states of the Persian Gulf: United Arab Emirates, Saudi Arabia, Bahrain, Oman, Kuwait and Qatar. Due to the historically low oil […]