Bahrain VAT: The Tax law, how it works and application
Learn how VAT works in Bahrain and its impact on different sectors. Professional course for Accountants and students.
Description
This course is delivered by a seasoned VAT consultant from the UK, with a decade of experience and a background in PwC/Deloitte. Having been stationed in the UAE in 2018 to assist clients in the UAE and KSA with VAT implementation, the instructor brings first-hand knowledge of GCC VAT and a wealth of insights to share, especially for those new to VAT.
Our objective is to provide you with a solid understanding of VAT principles and their application in Bahrain. The course covers specific rules for Bahrain, governed by the NBT, and also explores the interaction with other GCC states. VAT impacts all businesses, with most required to register. We’ll help you understand the responsibilities of your business under VAT law and how it affects your business model - from existing contracts and pricing to sales, marketing, and overhead costs. We’ll also highlight your compliance obligations.
The course content ranges from basic to advanced material, catering to both beginners and experienced VAT practitioners. We believe this is the most comprehensive online course on Bahrain VAT you’ll find in the market.
The biteseize chunk videos will be a wonderful resource for any professional seeking to excel in his finance career or solidify himself as a Tax advisor.
What You Will Learn!
- Understand the principles of VAT and how it operates in the Bahrain
- The impact VAT has on business and transactions.
- Compliance and filing obligations for businesses
- Responsibilities for businesses, their relationship with Tax Authority and timing of submissions.
Who Should Attend!
- Business owners
- Tax managers
- Accountants
- Global VAT practitioners
- Finance and Accounts payable
- Procurement and sales professionals
- Students
- Finance officer