Taxation in Bahrain
By Administrator Posted in General on Jul 24, 2013
Bahrain is a tax free economy with no withholding tax, no corporate tax, no income tax and no VAT, which significantly contributed to a great influx of Foreign Investments.
There are however, certain taxes imposed on oil, gas and petroleum. There is also a 1% ‘Social Insurance Tax’ on salaries to help fund unemployment benefits for all workers and a 10% municipal tax is also payable by individuals or companies renting property.