VAT Real Estate Guide Update | Lease Incentives

The NBR has updated the VAT Real Estate Guide, providing further clarification on the VAT treatment of lease incentives.

Key points from the update:

▪ The Guide includes the nature and types of lease incentives

▪ VAT Treatment of Rent reductions and rent-free periods

▪ VAT Treatment of fit-out contributions

▪ Treatment of reimbursements where a tenant incurs costs in its own name and subsequently recharges those costs to the landlord

📌 The updated VAT Real Estate Guide can be accessed on the NBR website:

https://lnkd.in/dV2HJZJ7

For any assistance regarding VAT implications in real estate transactions, reach out to Moore Bahrain at tax@msbahrain.com or call +973 17200144.