VATupdate
VAT

Share this post on

Bahrain is one step closer to implementing e-invoicing

  • The National Bureau for Revenue in Bahrain has issued an RFP titled “E-invoicing central platform and maintenance” to develop a cohesive e-invoicing ecosystem in the country.
  • The central platform will receive and validate e-invoicing data from businesses’ integrated e-invoicing solutions.
  • The NBR aims to encourage system developers to create compliant e-invoicing solutions, businesses to register/integrate their e-invoicing solutions with NBR’s E-Invoicing Central Platform, generate e-invoices in a standardized format, and share data with NBR in a secure manner.
  • The verification of e-invoicing data and identifying non-compliance (if any) is also mentioned.
  • This move brings Bahrain closer to implementing an electronic invoicing obligation with a CTC model soon.

Source Pagero


Click on the logo to visit the website

pagero


 

Sponsors:

VAT news

Advertisements:

  • VAT news