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Bahrain to Increase VAT Rate to 10% from 2022 — Orbitax Tax News & Alerts

Bahrain's Council of Ministers reportedly approved a draft law on 27 September 2021 that provides for an increase in the standard VAT rate from 5% to 10% in order to increase revenue. The draft law has been submitted to the parliament and if approved, the increase is to apply from 1 January 2022.