Important Update by the Government of Bahrain

According to the new regulations announced by the Government of Bahrain, kindly note that, effective January 1st, 2022, the VAT rate will increase from 5% to 10%. 

The increased VAT rate of 10% will apply to all import of taxable goods in accordance with the current laws and regulations subject to any further guidelines and changes issued by National Bureau for Revenue (“NBR”), the tax and the regulatory body in the Kingdom of Bahrain. Accordingly, Aramex will charge the revised rate of 10% for the import taxes.

For companies that have tax presence in Bahrain, please note that in accordance with VAT Law and the applicable Executive Regulations in Bahrain, you may wish to apply for the VAT Deferral Scheme, which is an efficient process from administrative and cash flow perspective. 

Please note that this letter supersedes any contrary terms relating to VAT in the agreement entered into with Aramex, or in relation to the services provided by Aramex. 

In case you have any queries related to the service, please contact your local Aramex representative. In case you have any further tax related questions, you may seek professional tax advice from your tax consultant.