VAT: IMPACT ON BUSINESSES IN BAHRAIN

One of our resident VAT experts, Adnan speaks about how VAT can have an impact on businesses in Bahrain by highlighting the following key points:-

• Impact on Revenue
• Procurement and Input Tax
• Contracts & Policies
• Record Keeping, IT & ERP Systems
• Compliances

He also emphasized that Affiniax can help in the following ways :-

• VAT impact assessments
• Advise on tax-efficient structuring/
• Drafting of Sample Tax Invoices & Tax Credit Notes
• Registering and filing VAT returns