Bahrain Archives - IMC

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Introduction The treaty for Value Added Tax signed by GCC nations is finally out in the public domain. The much talked about treaty is being published in the official gazette of the Kingdom of Saudi Arabia (KSA). It is one of the crucial steps in implementation...

Introduction The GCC nations have announced introduction of VAT from the next year and preparation for the same is in full swing. Kingdom of Saudi Arabia already published the treaty in their official gazette earlier this month and is all set to introduce it with effect...

Introduction Tough days are still on for all six countries of Gulf Cooperation Council (GCC). Various reports and survey including report of World Bank provides for slashing growth rate and tightening of monetary and fiscal policies and increased fiscal deficits. World Bank agrees that the prime...

Introduction Bahrain published and introduced trademark law on 29th May, 2016 and with this it became second nation in the Gulf Cooperation Council (GCC) to bring GCC trademark law into force after Kuwait where trademark law came into force in the beginning of this year. The...

The text of the Income Tax Treaty between Cyprus and Bahrain has become available. In accordance with the treaty, the following withholding taxes will apply: Dividends: 0%. Interest: 0%. Royalties: 0%. The treaty was signed on 9 March 2015 and will come into force after the two...