Bahrain’s National Bureau for Revenue (NBR) has published VAT Real Estate Guide Version 1.4, dated 4 September 2024. The guide sets out the general principles of VAT in relation to the real estate sector in Bahrain. The main update concerns the VAT treatment of the rental of retail and promotional stands. As of 1 January 2025, the provision of space for retail or promotional stands will be subject to VAT at 10% if the person providing the space is a VATable person. However, the provision of a designated space within a shopping mall, retail, or entertainment area that is equivalent to and serves the same purpose as a standard shop will be regarded as an exempt supply of real estate for VAT purposes, provided that all applicable conditions are met.
Source Orbitax
