Bahrain's National Bureau for Revenue (NBR) has published updated guidance, VAT Transfer of a Going Concern Guide, dated 15 June 2025. The guide sets out general principles relating to the concept of VAT on the transfer of a going concern (TOCG). As previously reported, the sale (transfer) of the assets of a business by a VAT-registered person will normally be subject to VAT. However, the VAT Law and Executive Regulations contain TOGC provisions to treat the surrender by a VATable person of …