VAT return filing and payment (quarterly or monthly)
We reconcile sales and purchase records, apply 10%, zero rate, exempt and reverse charge correctly, file the return and plan payment so you avoid the 5% to 25% fine.
BHD 120Quarterly or monthly
For: All VAT registered persons in Bahrain: quarterly filers below BHD 3 million turnover, monthly filers at or above it.
What we need from you
Sales register with tax invoices
Output VAT
Purchase invoices with supplier VAT numbers
Input VAT
Import declarations and customs VAT
Import VAT recovery
Foreign service invoices
Reverse charge
Credit and debit notes
Adjustments
Prior return and carried forward credit
Opening balance
What we discuss
Any exports or zero rated sales this period?
Need export evidence
Any exempt income such as rent of bare land or financial services?
Input VAT may need apportionment
Any costs that are blocked for input recovery, such as entertainment?
Do not claim them
Cash flow for paying VAT by the due date?
Late payment fines start at 5%
What we file
Reconcile output and input VAT
Example quarter: sales BHD 60,000 x 10% = BHD 6,000 output; purchases VAT BHD 2,100; payable BHD 3,900
File the VAT return
Pay the VAT due
What you get
Filed return and payment receipt
Reconciliation workbook
Error log
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 Source
- VAT Executive Regulations: tax periods: Monthly returns if annual taxable turnover is BHD 3 million or more; quarterly below that Source
- Decree-Law No. 48 of 2018: reverse charge on imported services: A VAT registered Bahrain customer self accounts for VAT on services bought from a non-resident supplier Source
- Decree-Law No. 48 of 2018: zero rated and exempt supplies: Exports and listed supplies are zero rated; financial services and bare land and buildings are exempt Source
- Decree-Law No. 48 of 2018: administrative fines and evasion offences: Late registration fine up to BHD 10,000; late return or payment 5% to 25% of the tax; other breaches up to BHD 5,000; evasion is a crime Source
Questions people ask
- Monthly or quarterly VAT returns in Bahrain
- How to compute the Bahrain VAT payable
- Late VAT return or payment fine
- Reverse charge on imported services
- Zero rated exports in the VAT return
- Input VAT without a valid tax invoice
- Nil VAT return in Bahrain
- Correcting a mistake in a filed VAT return
- Prices must include VAT in Bahrain
- How long to keep VAT records
Contact us to book
Online payment in BHD is not open yet. Send us a message and an adviser for Bahrain confirms the scope and the fee before any work starts.