Bahrain Bourse, in cooperation with Keypoint, recently organized a workshop on value added tax (VAT) for Bahrain Bourse’s employees at the Bourse’s premises in the Bahrain Financial Harbour.
The workshop was conducted by Keypoint’s VAT experts who have significant VAT implementation experience across various industrial sectors regionally and internationally.
The workshop began with a brief update on the VAT implementation in the Kingdom of Saudi Arabia and the United Arab Emirates, and how and when VAT is likely to be implemented in the Kingdom of Bahrain. The workshop also discussed the technical implications of VAT for institutions in Bahrain and how input tax can be recovered.
Participants were also introduced to VAT compliance, technical implications and administrative requirements for the implementation of VAT.