GTL Summary:

Article 25 mandates strict record-keeping requirements for all Constituent Entities, Joint Ventures, and subsidiaries within an MNE Group located in Bahrain. Entities must maintain comprehensive records, including accounting books, financial statements, and invoices in either paper or electronic format. These records must be sufficient to allow the National Bureau for Revenue to verify taxable income and tax due. The Filing Constituent Entity is responsible for providing these documents to the Bureau upon request. All local entities are legally required to make their records available to the Filing Constituent Entity to facilitate accurate group-wide tax reporting and compliance.

Document Type: Tax Law Article
Law: DMTT Law (Decree Law No. 11 of 2024)
Article Number: 25
Country: 🇧🇭 Bahrain
Location: Chapter 4 - Tax Procedures and Obligations
Order: 25
Last updated at: 2026-02-23 12:13:40 UTC

Chapter 4 - Tax Procedures and Obligations

Article 25 - Record Keeping

  1. Constituent Entities that are members of the same Multinational Enterprise Group, Joint Ventures, and Joint Venture Subsidiaries located in the Kingdom shall, in a regular manner, keep and maintain records, accounting books, financial statements, invoices, and all documents and materials, whether paper or electronic, in a manner that enables the Bureau to verify the elements of Taxable Income computation and the Tax Due.

  2. The Filing Constituent Entity shall provide the Bureau with such records, accounting books, financial statements, documents, and materials upon request within the period deemed appropriate by the Bureau.

  3. All Constituent Entities, Joint Ventures, and Joint Venture Subsidiaries located in the Kingdom shall make all the records and books mentioned in Paragraph A of this Article available to the relevant Filing Constituent Entity.

  4. The Regulations shall prescribe the types of records, accounting books, financial statements, the periods, controls, and conditions that must be met when retaining them.

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