Advisory for luxury retailers, collectors, and HNWI families.
Jewelry — standard-rated at 10% VAT. Watches — standard-rated. Gold bullion — exempt (investment gold). Second-hand margin scheme — not available in Bahrain VAT. Import duty on luxury goods — 5% CIF.
Residential property — exempt from VAT. Commercial property — 10% VAT on rent and sale. Mixed-use buildings — apportionment required. No stamp duty on property transfers. No capital gains tax on disposals.
Art sales — standard-rated at 10%. Gallery commissions — standard-rated. Import of art — 5% customs + 10% VAT. Art storage and insurance — standard-rated services. No capital gains on personal collections.
✨ Zero personal income tax — salary, dividends, capital gains all untaxed
✨ No inheritance tax — wealth transfers to next generation tax-free
✨ Golden Visa — 10-year residency for investors and property owners
✨ Family office — WLL or BSC(c) structure for managing family investments
