{"id":5531,"date":"2018-05-19T03:57:46","date_gmt":"2018-05-18T23:57:46","guid":{"rendered":"https:\/\/www.premier-brains.com\/country\/vat-advisory\/"},"modified":"2021-01-30T22:00:26","modified_gmt":"2021-01-30T18:00:26","slug":"vat-advisory","status":"publish","type":"page","link":"https:\/\/www.premier-brains.com\/country\/bh\/vat-advisory\/","title":{"rendered":"VAT Advisory Services in Bahrain"},"content":{"rendered":"<h2>BAHRAIN has recently introduced Taxes in the country. Excise Tax was introduced with effect from 30 December 2017 and Value Added Tax (VAT) has just taken its course from 1st January 2019.<\/h2>\n<p>The rate of Excise tax for carbonated drinks is applicable at 50% and it 100% applicable for tobacco and energy drinks. But, at the same time the VAT rate is applicable at just a minimal rate of 5%, which is the lowest tax rate among other parts of the world.<\/p>\n<p>As VAT is a newly adopted concept in the region of Bahrain, it requires qualified and experienced Tax professionals\u2019 advice to support the businesses especially, while complying in the initial stages of this transition. Premier Brains provides experienced chartered accountants as their tax advisors. Tax Experts have relevant industry specific experience in taxation complying with international standards.<\/p>\n<div class=\"callout large\">\n<p>Premier Brains has tax experts who can assist the clients from Bahrain with VAT transaction advisory services, which cover the below steps:<\/p>\n<ul>\n<li>Business operating model<\/li>\n<li>Business process and operations<\/li>\n<li>Place of supply<\/li>\n<li>Time of supply<\/li>\n<li>IT systems<\/li>\n<li>Compliance risk<\/li>\n<li>Specific scenario arising out of specific operational transactions<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>BAHRAIN has recently introduced Taxes in the country. Excise Tax was introduced with effect from 30 December 2017 and Value Added Tax (VAT) has just taken its course from 1st January 2019. The rate of Excise tax for carbonated drinks is applicable at 50% and it 100% applicable for tobacco and energy drinks. But, at<a class=\"excerpt-read-more\" href=\"https:\/\/www.premier-brains.com\/country\/bh\/vat-advisory\/\" title=\"ReadVAT Advisory Services in Bahrain\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":12832,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"template-with-sidebar.php","meta":{"footnotes":""},"class_list":["post-5531","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/comments?post=5531"}],"version-history":[{"count":4,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5531\/revisions"}],"predecessor-version":[{"id":14052,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5531\/revisions\/14052"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/media\/12832"}],"wp:attachment":[{"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/media?parent=5531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}