Tuesday, August 20, 2019

VAT refund scheme for tourists

The National Bureau for Taxation (NBT) affirmed that it is currently completing its technical preparations for the implementation of a VAT refund scheme in 2019, which allow visitors to claim refunds on a portion of VAT paid on taxable goods and services purchased during their visit.

To be introduced in partnership with a global operator, the fully integrated system that links registered companies to Bahrain International Airport’s departure area will facilitate reimbursements and offer tourists a seamless experience of disbursing the VAT refund.

The NBT recognizes that VAT reimbursements is a common practice introduced to increase visitor expenditure and boost the inflow of tourists as a stimulant for businesses’ competitiveness and overall economic growth.

For further information please contact the Call Center on 80008001 or [email protected] for general and technical queries in addition to taking advantage of the information available on the NBT’s website (www.nbt.gov.bh), Instagram and Twitter (@BahrainNBT).

MOST READ

Bahrain Tourism and Exhibitions Authority Hosts Broadway Musical ‘The Wizard of Oz’

The Bahrain Tourism and Exhibitions Authority (BTEA) announced that it will host the popular Broadway Musical ‘The Wizard of Oz’ for the first time...

Common Thyroid Gland Diseases & Problems To Watch For

The thyroid is a gland that sits low of the neck on the front of the trachea, the thyroid secretes several hormones, that act...

26th showroom of Malabar Gold & Diamonds opened in Karnataka, India

Malabar Gold & Diamonds, one among the largest jewellery retailers globally with a strong retail network of 250 outlets spread across 10 countries launched...

King’s advisor chairs Bahrain Sports Pioneers Society’s meeting

Advisor to HM the King for Youth and Sports Affairs, Saleh bin Isa bin Hindi Al-Mannai, chaired a meeting of the Bahrain Sports Pioneers...

Mosque opened in East Riffa

Chairman of the Sunni Endowments Council, Dr. Shaikh Rashid bin Mohammed Al-Hajeri,  opened the ‘Al-Noor’ Mosque, in the presence of scores of citizens and...

Foreign Ministry signs MoU with BACA

Minister of Foreign Affairs, Shaikh Khalid bin Ahmed bin Mohammed Al Khalifa, met at the Ministry’s General Court, the President of the Bahrain Authority...

HH Shaikh Khalid expresses pride in Bahraini para-athletes

HH Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports and President of Bahrain Olympic Committee...

Male Breast Reduction

What is male breast reduction? Male breast reduction surgery is a common and popular procedure that removes excess fat and tissue from male breasts, and...

Bahrain’s ambassador presents credentials to ASEAN

Ambassador of Bahrain to Indonesia, Dr. Mohammed Ghassan Mohammed Adnan Sheikho, has presented his credentials as ambassador of the Kingdom to the Association of...

Minister receives IEEE society delegation

Electricity and Water Affairs Minister Dr. Abdulhussain Mirza received a delegation from the Institute of Electrical and Electronics Engineers (IEEE)'s Association, headed by Dr....

Superstar J Balvin confirmed for Abu Dhabi Showdown Week

J Balvin, Colombian Reggaeton chart-topper will play The Arena, the brand-new venue on Yas Island, on 5 September Red Hot Chili Peppers also set...

Satisfied with your Hajj Agency? Well, you can improve it

It’s the time of the year when all citizen and resident pilgrims of the Kingdom are allowed to anonymously and with full transparency express...

2020 Chevrolet Corvette Stingray C8 Coupe

The long-awaited C8 Corvette Stingray was introduced on July 18 as a 2020 model year car arriving with a complete redesign and rethink of...

Bahrain’s First fully dedicated Franchise Service Providers

The best thing that can improve your business is Franchising it the right way: Franchising is the practice of using another firm's successful business model....

Largest school in Bahrain completed

Works, Municipalities Affairs and Urban Planning Ministry (MoW) has completed the Shaikha Mooza bint Hamad Al Khalifa’s Primary and Secondary Girls’ School in Jau...