GloBE Country Guide: Bahrain

Summary

Status Enacted Law
LawOn December 15, 2024, Bahrain issued Decision no. (172) of 2024 to provide for the Executive Regulations for the DMTT law. This provides the detailed rules for the operation of the DMTT.

On September 1, 2024, Bahrain’s National Bureau for Revenue published Decree-Law No. (11) of 2024 for the introduction of a QDMTT.
Effective DateFinancial years beginning on or after January 1, 2025
IIRNo
UTPRNo
QDMTTYes (2025)
Filing DeadlinesStandard
Safe HarboursTransitional CbCR Safe Harbour, and the Simplified calculation Safe Harbour

Contents
  1. Legislation
  2. General
  3. Differences to Model Rules
  4. Qualifying Domestic Minimum Top-Up Tax
  5. Administration and Filing
  6. Penalties

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