Practical thinking on accounting, compliance, and outsourcing.
Written by the SRR team for growing businesses across Bahrain, Saudi Arabia, and the wider
GCC, and for accounting firms in the US and UK. No fluff, no filler.
How zakat and 20% corporate income tax split by ownership in Saudi Arabia, how the zakat base is built from the balance sheet, and the 120 day filing deadline.
Bahrain's 2024 end of service reform moved future accruals to the SIO at 4.2% and 8.4%. The pre-March-2024 liability stayed with employers, and it grows.
ZATCA fines for VAT and e-invoicing breaches, how penalties escalate on repeat violations, and the fine cancellation window open until 31 December 2026.
What ZATCA Phase 2 integration requires in practice: clearance versus reporting, the 24 hour window, UUIDs, cryptographic stamps, and where your wave sits.
A practical guide to VAT in Saudi Arabia: the 15% rate, the SAR 375,000 and 187,500 thresholds, monthly versus quarterly returns, and filing deadlines.
Bahrain's proposed 10% corporate income tax could take effect from 2027. What the draft contains, where it stands, who is in scope, and how to prepare.
A practical guide to anti-money laundering obligations in Bahrain: who is covered, customer due diligence, record keeping, and suspicious transaction reporting.
What Fatoora means, how ZATCA Phase 1 and Phase 2 differ, standard versus simplified invoices, and what your business must do to comply in Saudi Arabia.
A step-by-step guide to setting up a company in Bahrain in 2026: choosing a legal structure, foreign ownership, Sijilat registration, and getting your CR.
A practical 2026 guide to VAT in Bahrain: the 10% rate, mandatory and voluntary registration thresholds, how returns work, and the filing deadlines that matter.
Bahrain's NBR published its DMTT Computations Guide on 8 June 2026. What it covers, who is in scope, and the deadlines businesses in Bahrain need to know.
What UK accounting firms should evaluate in an offshore bookkeeping provider: UK-specific knowledge, verifiable quality control, qualifications, and pilots.
Why UK firms are looking at offshore accounting support beyond India: rising attrition, wage inflation, and the case for outsourcing accounting to Pakistan.