Bahrain's National Bureau for Revenue (NBR) has published English-language guidance on transitional rules for the increase in the standard VAT rate from 5% to 10% effective 1 January 2022. The guidance provides that, in general, the 10% VAT rate applies on standard-rated supplies and imports made on or after 1 January 2022. However, certain transitional rules apply considering the date that the amendment law increasing the VAT rate was published in the Official Gazette and entered into force…