At Premier Brains, we aim to make your world of tax reporting easier and more manageable with the help of our trained and qualified staff and through the variety of tax consultancy services we offer.<\/p>\n
Whether you are looking for help with personal, international, business, or specialized tax forms, we have the resources to help you reach your goals. When it comes to tax consultants, Bahrain is home to a variety of professionals, but at Premier Brains we have one of the most dedicated teams in the region.<\/p>\n
At Premier Brains, one of the specialized areas that we focus on is our international tax consulting. Within this general framework, our team members offer a variety of different services that fall under this category.<\/p>\n
When it comes to finding your ideal tax consultants, Bahrain has many options, but Premier Brains is well-placed to be your best choice. This is largely due to our dedication and detailed understanding of even the most technical points, particularly when it comes to Value Added Tax.<\/p>\n
The National Bureau for Revenue (NBR) is the government agency responsible for implementing and managing VAT in Bahrain. The NBR is responsible for recording VAT and related obligations. The NBR shall also process refunds, collect any outstanding taxes and perform audits.<\/p>\n
Our VAT Services division is particularly important because the Bahrain government has recently passed a Value Added Tax law that started from the 1st of January, 2019. By choosing to work with our VAT services, we will help you understand how these new regulations impact you and your business.<\/p>\n
Through our services, you can plan accordingly and learn how to adjust your current systems under the tax and learn for possible changes. We will also make sure you are following all legal filing and registration requirements.<\/p>\n
To read more about this, please click VAT-Advisory in Bahrain<\/a>.<\/p>\n The know the VAT registration process please click VAT Registration in Bahrain<\/a>. For a list of documents required for VAT registration, please read our blog post.<\/p>\n To read more about VAT return filing process, please click VAT Return Filing in Bahrain<\/a>.<\/p>\n We conduct VAT trainings on a regular basis, please consult us directly and some of the topics covered can be seen at VAT Trainings in Bahrain<\/a>.<\/p>\n The Kingdom of Bahrain introduced an Excise Tax system on December 30, 2017. This is a tax imposed on specific goods harmful to human health and the environment. The aim of the tax is to discourage citizens from consuming products that are harmful to health. Excise Tax revenues contribute to the treatment of diseases resulting from the consumption of these products.<\/p>\n Excise Tax are imposed on the retail price of the following products:<\/p>\n The CbCR requirements apply to entities that are tax resident in Bahrain (hereinafter, \u201ctax resident in the BAHRAIN\u201d) and are part of a multinational group of enterprises (\u201cMNE\u201d) with consolidated revenues equal to or exceeding Euro 750 million in the financial year preceding the \u2018financial reporting year\u2019 concerned.<\/p>\n We advise on applicability and compliance for country by country reporting. To read more about this, please click Country by country reporting.<\/p>\n The Ministry of Industry, Commerce and Tourism (\u201cMOICT\u201d) introduced Resolution No. (106) of 2018, regarding the requirements of validating the actual economic substance of entities\u2019 activities in the Kingdom of Bahrain (\u201cResolution\u201d), requiring all in-scope BAHRAIN entities (\u201cRelevant Entities\u201d) that carry on six commercial activities (\u201cRelevant Activities\u201d) to have demonstrable economic substance in the BAHRAIN for the year ended 31 December 2019. We advise on applicability and compliance of economic substance regulations. To read more about this, please click Economic Substance Regulations in Bahrain<\/a>.<\/p>\n Our dedicated team of qualified financial professionals and tax consultants will help you reach your current financial goals.<\/p>\n If you are ready to take the next step to improve your current financial accounts and grow professionally through our services, contact our specialists today.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Tax Consultancy Services in Bahrain At Premier Brains, we aim to make your world of tax reporting easier and more manageable with the help of our trained and qualified staff and through the variety of tax consultancy services we offer. Whether you are looking for help with personal, international, business, or specialized tax forms, we… Read more »<\/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-5572","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5572","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=5572"}],"version-history":[{"count":5,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5572\/revisions"}],"predecessor-version":[{"id":13771,"href":"https:\/\/www.premier-brains.com\/country\/bh\/wp-json\/wp\/v2\/pages\/5572\/revisions\/13771"}],"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=5572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Excise Tax<\/h3>\n
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Country by Country Reporting \u2013 BAHRAIN<\/h3>\n
Economic Substance Regulations<\/h3>\n
Contact the Best Tax Consultants Bahrain Has to Offer<\/h4>\n