The government of Bahrain introduced Law No. (14) of 2022, which amends several provisions of the social insurance program including raising social security contribution rates, revising the old-age pension benefit formula, increasing the normal retirement age for women, and revising the payment method of the end-of-service benefits. The new Social Insurance Law was passed and published in the Bahraini Official Gazette on 18 April 2022. However, implementing regulations are still expected to be issued at a later date (still yet to be determined).
The Kingdom of Bahrain recently introduced a new law increasing the value-added tax (VAT) on goods and services from 5% to 10%. The new VAT rate entered into effect on 1 January 2022, with a one-year transition period. Background VAT […]
The government of Bahrain has issued a new law that will make it compulsory for health insurance coverage to be provided to all citizens, residents and visitors to the country. While the intent has been announced, the specific law has […]
Effective 1 January 2019, the Bahrain government passed a new Value Added Tax (VAT) law under Royal Decree No. 48 of 2018. This introduced a VAT at a 5 percent standard rate on goods and services that are not exempt […]
Bahrain’s new Personal Data Protection Law (PDPL), Law No. 30 of 2018, will come into force 1 August 2019. It regulates how personal data is collected, processed and stored, and it gives data owners specific rights to know what data […]
On 9 October 2018, the government of the Kingdom of Bahrain published the Value-Added Tax (VAT) Decree, Law No. 48, implementing VAT on 1 January 2019, for businesses with annual turnover above BHD 37,700 (USD 100,000). Implementing regulations are expected […]
The government of the Kingdom of Bahrain has enacted a new health insurance law (Bahrain Law No. 23 of 2018) establishing a compulsory health insurance program known as Sehati (My Health). The law, which entered into force 7 June 2018, […]
The king of Bahrain, Hamad bin Isa Al Khalifa, recently ratified the National Health Insurance Law (NHIL), Law No. 23 of 2018. The new law will provide universal basic health insurance coverage for all Bahrainis and residents. The NHIL is […]