Business Owner Referred to Court for VAT Evasion
The Head of the Tax Evasion Crimes Unit at the Financial Crimes and Money Laundering Prosecution announced that a complaint had been filed by the National Bureau for Revenue (NBR) against the owner of a trading company for tax evasion.
According to investigations, the company owner registered his business for Value Added Tax (VAT) purposes, collected VAT from customers, and submitted tax returns to the NBR. However, he failed to transfer the collected amounts—worth BD 65,000—to the authority, in clear violation of the law.
The Public Prosecution launched an investigation, issuing a travel ban against the suspect until inquiries were completed. Officials from the NBR were called in as witnesses, and supporting documents confirmed the violations.
During questioning, the company owner admitted to the charges. As a result, both he and his commercial registration (as a legal entity) have been referred to the High Criminal Court.
The first hearing is scheduled for August 31, 2025.
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