- Consumer Products
- Energy & Natural Resources
- Education Sector
- Insurance Services
- Financial Services
- Healthcare Sector
- Manufacturing
- Not For Profit
- Public Sector
- Real Estate & Construction Sector
- Technology, Media & Telecommunications
- Travel, Tourism & Leisure
- Food and Restaurant
- Professional Services
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Business Risk Service
Organisations must understand and manage risk and seek an appropriate balance between risk and opportunities.
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Transaction Advisory, M& A, Business Consultancy
Transaction Advisory, M& A, Business Consultancy
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IT Advisory
IT Advisory
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Business Process Solutions
Business Process Solutions
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Managing the VAT Audit
Managing the VAT Audit
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Transfer Pricing
Global transfer pricing is all about understanding your business and the value drivers of your industry in an ever-changing environment.
Managing the VAT Audit
Tax audits are an ongoing and normal element of the tax authorities’ enforcement program. In times of fiscal difficulty or where specific risk areas are identified, the extent and intensity of tax audits are often increased.
VAT audits are difficult to manage and require a thorough understanding of Bahrain’s VAT law, Executive Regulations and GCC’s VAT framework.
A VAT audit process requires adequate planning and a clear strategy for managing and resolving issues. Liaising with the tax authorities can be challenging and specialist skills are essential.
Documentation is a common focus during any VAT audit process. Often input VAT claims are denied due to a lack of suitable and valid supporting documents.
If you have any questions or would like to find out more about how we can help, download our Managing the VAT Audit brochure.
Services We Offer
Strong cross-border connections have led to an increased demand from our clients for our global capabilities. Rapidly growing businesses are either operating internationally or planning cross-border expansions. This creates a need to adapt to challenging market conditions, dealing with complex events, transactions and restructuring.
As a global organization, we focus on providing the best-in-class services designed to deliver real value and support investor confidence. We use the same tools, methodologies, training and standards across geographies to ensure consistency and cohesion. Our scale and depth mean we have credible teams in
all jurisdictions.