VAT Consultancy in Bahrain
Hedge Accounting Solutions provides expert and professional VAT services in Bahrain for your business. We are the best VAT consultants in Bahrain
VAT Consultancy Services in Bahrain
VAT, or Value Added Tax, is an indirect tax that is levied on all taxable goods and services. Registered sellers will collect VAT from buyers on behalf of the government, which makes it an indirect tax.
The Kingdom of Bahrain will be the third GCC country, following the UAE and the Kingdom of Saudi Arabia, to implement VAT.
Gulf Cooperation Council countries agreed to implement a Value Added Tax at a standard rate of 10%
The GCC signed an Agreement to introduce Value Added Tax (VAT) in all Member States.
The agreed VAT rate across all GCC Member States will be 5%
While the Agreement provides a common legal framework, the detail on each State’s VAT System and sector-specific rates was left to the discretion of each state through legal legislation.
Hedge Accounting Solution will help you gain in-depth knowledge regarding the implementation of VAT in your organisation. Our Tax experts are well experienced to assist you in this filed.
For assessment, consultation and Implementation of VAT in Bahrain, you can reach us any time at info@hedgeasglobal.com or call us at +973 3412 7571 or +973 3398 2369
How can VAT Process help your business growth?
VAT immensely contributes towards providing you a new avenue from which your business can generate revenue. This paves out a way for extensive planning and leverage the business growth to the next level.
Registering for VAT will lead to your business getting noticed by the government of the country. This maximizes the chance of earning a good reputation, and enhancing your company to enhance its goodwill.
VAT is a mandate for companies as per the UAE VAT Law. Registering a business for VAT with expert consultants ultimately completes the financial picture that is required during an internal and an external audit New Investment Opportunities Being a VAT registered business, you will be noticed more by the prospective clients, which would ultimately bring more business. On the other hand, it also opens new investment doors for your business to secure it’s future
How Hedge Can Help You ?
Our Tax professionals in Hedge Accounting Solution can support you in the following areas:
The best VAT consultants in Bahrain offers professional VAT services for our valued clients.
- We will visit your office on a periodical basis (weekly/month) to compile the information for filing the VAT Return. At the end of each VAT return period, we prepare the VAT return on behalf of your company in accordance with the provisions of Bahrain VAT law.
- We ensure that the VAT returns are filed within the specified time in each tax period.
- Proper guidance for the payment of Minimal Tax Liability as per the provisions of the Bahrain VAT Law.
- Optimal Tax Planning for the company.
- To represent in front of the authority on behalf of you as and when required.
