- Bahrain has published supplementary regulations for its Domestic Minimum Top-Up Tax (DMTT).
- These regulations complement the primary DMTT law introduced in September 2024.
- Multinational enterprises (MNEs) operating in Bahrain must assess their DMTT impact and register by January 30, 2025.
- The regulations align with OECD’s Global Anti-Base Erosion (GloBE) Model Rules, adapted to Bahrain’s tax framework.
- Registration requires MNEs to appoint a Filing Constituent Entity and make quarterly advance payments starting in 2025.
- Immediate action is crucial for businesses to avoid penalties and ensure smooth transition into the new tax regime.
