The National Bureau for Revenue (NBR) released an updated edition of the Value Added Tax (VAT) General Guide in November 2023.
A VAT-registered individual or entity is now authorized to issue, retain, and manage VAT invoices, along with credit and debit notes, in an electronic format without NBR’s prior approval.
Previously, the NBR had announced a tender seeking a technology partner for the development and management of its central e-invoicing platform. However, as of now, the scope or implementation timeline of this anticipated e-invoicing system has not been disclosed. This recent update in the VAT guidelines appears to be a progressive step towards the comprehensive digitization of tax processes in Bahrain.
