News & insights

Bahrain: Increase in VAT Rate

December 27, 2021

Bahrain announced that the value added tax (VAT) rate will be increased to 10 percent from the current rate of 5 percent effective January 1, 2022.

By way of background, VAT was introduced in July 2019 and applied to goods and services, with some limited exceptions on basic food items, healthcare, and education.

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