Bahrain is not the only country in the GCC that has expressed interest in adopting e-invoicing and CTC (continuous transaction controls) to achieve certain goals, such as having tax data available in a standard and accurate format, increasing transparency, facilitating the audit process, and reducing the shadow economy.   Meanwhile, we are awaiting the full technical specifications to be released by the NBR in due course. However, it is anticipated that the envisioned e-invoicing model will be similar to KSA. Namely, taxpayers will be required to issue true electronic invoices and, at a later stage, clear and validate them with...