The Shura Council today approved doubling the Value Added Tax (VAT) from 5% to 10%.
The 10% VAT will be now ratified and implemented on January 1, 2022.
Trending
- Kingdom of Bahrain calls for de-escalation and urges swift resumption of negotiations to restore peace
- HRH the Crown Prince and Prime Minister issues circular on the Hijri New Year holiday
- Interior Ministry: Precautionary measures are temporary, government institutions operating normally
- Saudi Arabia voices concern over developments in Iran, calls for restraint and de-escalation
- HM King receives call from HRH Saudi Crown Prince
- Foreign Minister receives call from Egyptian counterpart
- Bahrain attends extraordinary Arab League Foreign Ministers’ meeting in Istanbul
- SCW participates in Women’s Economic Empowerment workshop in UAE
