Share with your friends

Persian Gulf: VAT expected in 2020 (Qatar); monthly VAT filing guidelines (Bahrain)

Persian Gulf: VAT expected in 2020 (Qatar)

The KPMG member firm in the United Arab Emirates (UAE) prepared a report that briefly describes the following tax developments from countries that are members of the Gulf Cooperation Council.


Related content

  • Saudi Arabia: Customs authorities introduced a self-correction program (a voluntary compliance initiative) to allow importers to declare and pay customs duties for any pending customs liability.
  • Qatar: The value added tax (VAT) regime is expected in 2020.
  • Bahrain: The tax authority released guidance concerning the VAT regime. In general, those remitting VAT in Bahrain of an amount equal to or less than BHD 3 million (approximately U.S. $7.9 million) in annual taxable supplies are to file on a quarterly basis (but can request to file on a monthly basis). Those with more than BHD 3 million in annual taxable supplies must file on a monthly basis.

Read a March 2020 report prepared by the KPMG member firm in the UAE

Read also a July 2020 report prepared by KPMG International

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal