Value Added Tax (VAT)

Overview:

The Kingdom of Bahrain has confirmed the introduction of Value Added Tax (“VAT”) effective from the 1st of January 2019 at a standard rate of 5%. The Ministry of Finance and National Economy has released Decree-Law No. 48 for the Year 2018 promulgating the Value Added Tax Law in the Kingdom of Bahrain. Bahrain Development Bank have been registered with the National Bureau for Taxation (“NBT”) for VAT purposes. Therefore, some of our products and charges will be subject to VAT, in accordance with the VAT policies.
 

CLICK HERE to view the VAT Certificate of BDB.

CLICK HERE for more information about VAT:

Licensed by the Central Bank of Bahrain as a Conventional Retail Bank | Design and Development : Information Village