Experts Urge Firms to Prepare for New Income Tax
The Kingdom of Bahrain is preparing to implement an income tax system for companies starting in January 2027, at a rate of 10% on profits exceeding 200,000 Bahraini Dinars. This system aims to boost government revenues and regulate the business environment, with exemptions for small companies earning less than the specified threshold. This decision is part of the government's efforts to improve public finances and promote economic growth.
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