Refund after deregistration
We closed our business. Can we still get our last VAT credit refunded?
The situation
A final return on deregistration settles the remaining balance.
The law
- Decree-Law No. 48 of 2018 on Value Added Tax: Bahrain VAT law administered by the NBR; covers registration, invoicing, returns and penalties
What it means for you
Claim any remaining credit in the final return and account for VAT on stock or assets kept after deregistration. Keep the bank account and NBR login active until the refund arrives and the NBR confirms closure. Closing the account early can strand the refund.
What to do
- File the final return.
- Request refund.
- Keep the account open.
- Confirm closure.
We can do this for youVAT refund of excess input tax and non-resident refund claims: BHD 350