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The threshold for mandatory VAT registration in Bahrain is BD 37,500. BMS Auditing Bahrain is offering hassle-free VAT registration services in Bahrain. Every business or individual in Bahrain should follow Bahrain’s VAT compliance and register with VAT. All the businesses must know, who is liable to register under VAT. However, there is an option to voluntarily register under VAT, while there are businesses that are totally exempted from VAT registration.
Who should register for VAT?
Registration follows a phased process wherein the business entities or the individuals within particular VATable supply groups need to register by specific dates.
Mandatory VAT Registration
Entities and individuals annually generate revenue more than the threshold of BHD 37500 and not more than BHD 500,000 annually are eligible for Mandatory VAT registration.
Voluntary VAT Registration
Entities and individuals generating revenue of more than BHD 18,750 annually are eligible for Voluntary VAT registration.
VAT Registration for Non-residents in Bahrain
Non-residents (without a fixed place for business or a fixed establishment) should register for VAT in 30 days from the first taxable stock to non-taxable persons, irrespective of the thresholds.
Non-residents could apply for VAT registration in Bahrain with the National Bureau for Taxation (NBT) directly, or by appointing a Tax representative to pay on their behalf.
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