Bahrain's National Bureau for Revenue (NBR) has published VAT Real Estate Guide Version 1.5, which is dated 18 November 2025. The guide sets out the general principles of VAT in relation to the real estate sector in the Kingdom of Bahrain (Bahrain). The main update in Version 1.5 concerns the treatment of owner's associations as follows:

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4. Owner's associations

An owners' association w…