Leaves the simplified-computation safe harbour rules, conditions and controls to a ministerial decision approved by the Cabinet.
What should you do now?Do not apply a simplified safe harbour without verifying the effective decision and its year-specific conditions.
What does the official Article provide?
The official source is Arabic. This English commentary is explanatory and is not presented as an official translation.
Leaves the simplified-computation safe harbour rules, conditions and controls to a ministerial decision approved by the Cabinet.
This is a verified summary rather than a verbatim reproduction. Consult the official Arabic text, the Law and later decisions before making a final determination.
What does the Article mean in plain language?
The rules, conditions and controls for the Simplified Computation Safe Harbour are assigned to a Ministerial Decision following Cabinet approval. This Article alone is not an immediately usable formula without identifying the applicable decision. Distinguish it from Article 90's transitional CbCR safe harbour. An international simplification or explanation does not replace its Bahrain legal basis and temporal and substantive conditions.
Tax, accounting and financial-modelling teams responsible for the final computation.
Do not apply a simplified safe harbour without verifying the effective decision and its year-specific conditions.
Applying an international safe harbour directly or confusing simplified and transitional safe harbours.
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Before relying on the result
Is this Article enough on its own?
Usually not. Read it with the connected Law Article, definitions, any effective election and current NBR guidance, especially for an amount or deadline.
Does NBR guidance replace the Regulations?
No. Guidance explains application and supports procedures and examples, but current legislation and decisions prevail in case of inconsistency.