Professional Documents
Culture Documents
Prepared By: Farooq Zafar, FCCA VAT - GCC
Prepared By: Farooq Zafar, FCCA VAT - GCC
Prepared By: Farooq Zafar, FCCA VAT - GCC
Education Sector:
Government Schools, Colleges, Universities 0% 0% 0%
3 For Citizens: 0%
Private Schools, Colleges, Universities 5% / 0% 0%
Non-Citizens: 5%
Commercial Properties
Sale of Newly Build Commercial Properties 5% 5% 0%
5b Rent of Commercial Properties 5% 5% E
Subsequent Sale of Newly Build Commercial
5% 5% E
Properties
Residential Properties
For Citizens: 0%*
Sale of Newly Build Residential Properties 0% 0%
5c
Non-Citizens: 5%
Rent of Residential Properties E E E
Subsequent Sale of Newly Build Residential Properties E E E
Insurance Sector:
9 Life Insurance E E E
General Insurance 5% 5% 5%
.
* Only First Purchase of Residential Property by KSA Citizen if valued 850,000 SAR & Output VAT 42,500 SAR is Zero, Extra &
Subsequent is Subject to 5%.
Anyone Business may Register Voluntarily in 2019, if is making Taxable Supplies & Last 12 Months
Turnover is More than 18,750 BHD.