Assistance with VAT management compliance.
If not already, from 1 July 2019, businesses in Bahrain with annual supplies threshold of BD 500,000 and above will need to register for value-added tax (VAT). The same will apply to smaller entities with annual supplies threshold less than BD 500,000, effective from 1 January 2020.
With VAT registration comes VAT compliances and reporting obligations, which are often very complex and therefore require critical processes and skills. KPMG in Bahrain offers a tailored methodology enabled by best-in-class technology to provide robust, cost-effective compliance services at the most competitive prices in the market for return on investment.
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