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Online businesses urged to gear up for VAT impact

Bahrain Business
Sun, 23 Sep 2018


MANAMA: Online businesses in Bahrain need to gear up for the impact of value-added tax (VAT) on operations, a leading audit and advisory firm has warned. “With a host of eCommerce platforms available, increase in online gamers and digital content users, payment gateways and delivery partners, business owners operating in the online web space should consider evaluating the impact of VAT on business operations, since, it may present certain challenges at both pre and post implementation level,” Grant Thornton senior partner Jatin Karia said.

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