Customs Duties or Import dutyA tax charged on certain goods which are brought into a coun... and taxes will be pending and need to be cleared while importing goods into Bahrain whether by a private individual or a commercial entity.
The general rate of customs dutyA tax which must be paid on imported, and sometimes exported... is 5% of the value in cost,
insurance, and freight (CIF) except for alcoholic beverages
(125%) and cigarettes (100%). There are no taxes in Bahrain on income, sales, transfer,
capitalThe net worth of a business, including assets, cash, propert... gains or estates, unless a company is involved in
operations within the oil and gas sector. Moreover, there
is currently no VAT system in Bahrain. However, the GCC
States, including Bahrain, have been studying the potential
implementation of a VAT system for some time now.
The valuation method is CIF.
Below table provide the Duty and Sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... for Bahrain:
| Duty Rates | Sales Tax(GST) | Threshold on goods |
|---|---|---|
| only duty on imports | 0% or No sales taxKnown as VAT (Value Added Tax) in the UK. A tax based on the... | All imports are subjected to duty |