The National Bureau for Revenue (“NBR”) has published a new guideline named ‘Change of VAT Return Filing Frequency Manual’ in support of Article (48) of the Bahrain VAT Executive Regulations.
According to Article 48(A) of Bahrain VAT Executive Regulations, VAT payers in Bahrain with less than or equal to BHD 3 million in annual taxable supplies are set to file on a quarterly basis while VAT payers with more than BHD 3 million are expected to file on a monthly basis.
Source: KPMG
