Oman officially implemented Value Added Tax (VAT) on April 16, 2021, becoming the fourth GCC country to do so. Governed by the Tax Authority of Oman, VAT compliance is mandatory for businesses exceeding specific revenue thresholds. At BMS Auditing, our VAT consultants in Oman provide end-to-end support to ensure your business meets all Omani VAT re
The Kingdom of Bahrain introduced Value Added Tax (VAT) on January 1, 2019, as part of its commitment under the GCC VAT framework agreement. VAT in Bahrain is regulated by the National Bureau for Revenue (NBR). If you're doing business in Bahrain, understanding and complying with VAT registration requirements is essential — and that's where BMS A
The Kingdom of Saudi Arabia (KSA) implemented Value Added Tax (VAT) on January 1, 2018, as part of its economic diversification strategy under Vision 2030. Since then, VAT compliance has become a crucial requirement for businesses operating in the Kingdom. At BMS Auditing, we guide companies through the VAT registration process to ensure they meet
Since the introduction of VAT in the UAE on January 1, 2018, businesses have had to comply with strict guidelines under the Federal Tax Authority (FTA). At BMS Auditing, we help you navigate the VAT registration in UAE process smoothly, ensuring compliance and avoiding penalties. Who Needs to Register for VAT in the UAE? Mandatory Registratio