Bahrain VAT e-Invoicing
The Kingdom of Bahrain’s National Bureau for Revenue has launched survey to estimate the volumes and natures of VAT invoicing in the Arab Gulf island. Thins includes taking a mandatory questionnaire on invoicing pattern volumes and the use of e-invoicing. This information is likely to be used in the preparations for the introduction of electronic invoicing.
This could include a continuous transaction control model (see below) which would oblige VAT registered business to live report their sales invoices to the NBR prior to them becoming valid for forwarding their customers.