The VAT Transfer of a Going Concern Guide (Version 1.1, August 2020, updated 15 June 2025) is issued by the National Bureau for Revenue (NBR) of the Kingdom of Bahrain and explains when the surrender by a VATable person of his economic activity falls outside the scope of VAT. It sets out the conditions for a Qualifying TOGC under Article 11 of the VAT Law and Article 12 of the Executive Regulations: the transfer of all or part of a business capable of independent operation, VAT registration of the transferor and transferee, immediate use of the assets for the same or similar economic activity, and notification by both parties within 30 days. It also covers transfers over time, successive transfers, exempt real estate and shares, incorporation of a natural person, business records, deregistration, input VAT recovery, VAT groups and capital assets.