Bahrain's Nation Bureau for Revenue (NBR) has published an updated version of its VAT General Guide dated 30 July 2019. The main update concerns eligibility to form/join a tax group, which includes the following.
Two or more persons can apply to form a VAT group provided all the following conditions are met:
- Each of the applicants is a legal person (i.e. an entity that is capable of entering into contracts in its own name);
- All the applicants have a place of residence in Bahrain;
- All the a…