Requires relevant entities to retain accounting records, statements, invoices and documents in paper or electronic form and make them available to the filing entity and NBR.
What should you do now?Create a records matrix showing owner, location, retention period and access route for every record.
What does the official Article provide?
The official source is Arabic. This English commentary is explanatory and is not presented as an official translation.
Requires relevant entities to retain accounting records, statements, invoices and documents in paper or electronic form and make them available to the filing entity and NBR.
This is a verified summary, not a substitute quotation. The complete official Arabic text is linked below and must be read with the Regulations and later decisions for a final decision.
What does the Article mean in plain language?
Responsibility is distributed: each entity retains and shares, while the filing entity compiles and provides. Data abroad or at the parent does not remove the obligation.
The filing constituent entity, compliance and finance teams and Bahrain group members.
Create a records matrix showing owner, location, retention period and access route for every record.
Keeping only the final return number without an audit trail to accounts and evidence.
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Before relying on the result
Is the Article enough on its own?
Usually not. The Decree-Law states the rule, the Regulations detail the computation or procedure and guidance explains application. Use all three for an obligation, amount or deadline.
Are OECD materials binding by themselves?
Not every international document is Bahrain legislation by itself. It is used within the Law's referrals or a competent adoption instrument, while current Bahrain legislation and decisions remain controlling.