Bahrain

Social insurance contributions

The current rate of contributions to the SIO is 23% for local employees (15% employer; 8% employee) and 4% for expatriate employees (3% employer; 1% employee).

Social insurance is also paid for nationals of the other Gulf Cooperation Council (GCC) countries working in Bahrain. The rates of the contributions are according to the rates of the GCC employee’s home country regulations.

These contributions to the SIO are to be withheld by the employer and remitted to SIO on a monthly basis.

Consumption taxes

Value-added tax (VAT) and excise duty

VAT was implemented in Bahrain on 1 January 2019.

See Value-added tax in the Other taxes section of the Corporate tax summary for more information.

Net wealth/worth taxes

There are no net wealth/worth taxes in Bahrain.

Local taxes

Individuals may also be subject to stamp duties, customs duties, and municipal taxes.

See the Other taxes section in the Corporate tax summary for more information.