Bahrain's business-friendly tax regime, including its 0% corporate income tax rate for most sectors, positions the country as an attractive destination for businesses. Alongside corporate income tax, businesses operating in Bahrain should be aware of other taxes such as VAT, social insurance contributions, customs duties, and any local taxes imposed by municipalities. It is advisable to consult with tax professionals and refer to the official Bahrain National Bureau for Revenue website for the most accurate and updated information on tax regulations and requirements.
Bahrain imposes corporate income tax on the profits of businesses operating within its jurisdiction. The corporate income tax rate in Bahrain is 0% for most sectors, making it an appealing destination for businesses seeking tax advantages. However, there are exceptions to this general rate, primarily in the banking, financial services, and hydrocarbon sectors. These sectors are subject to specific tax regimes, and it is advisable to consult with tax experts to understand the applicable rates and regulations.
For accurate and up-to-date information on business taxes in Bahrain, it is advisable to visit the official website of the National Bureau for Revenue (NBR), the tax authority in Bahrain. The NBR website provides comprehensive guidance, forms, tax calculators, and contact information for any tax-related inquiries.
Bahrain Tax Authority Website: Official Bahrain National Bureau for Revenue Website