Bahrain

Bahrain

Official Name: The Kingdom of Bahrain

               Manama

        Arabic

           Bahraini dinar (BHD)

OUR SERVICES;                      

  • Consultation (in person, online, phone)
  • Helping to prepare your documents
  • Start to finish your company registration process
  • Immigration services

Bahrain

General Questions

How long does it take to register a company in Bahrain?
Maximum 5 working days

Can we start any kind of business by staying in Bahrain permanently?
Yes. You will have a work permit, but the job chosen must comply with the laws of Bahrain.

Does permanent residence in Bahrain mean that tuition is free?
It depends on the type of university and your field of study, but the costs are considered very cheap.

How long does it take to get an Bahraini investment visa?
Investment visas are sometimes issued in less than two months.

Investment opportunities in Bahrain:

Although the government’s budget is heavily dependent on oil and gas for its resources, Bahrain’s economy is characterized by diversity, as shown by the ratio of the share of various economic sectors to GDP.

The Bahraini government is seeking to attract foreign investment in a number of critical sectors, including:

  • financial services
  • Industry Department
  • Real estates
  • Logistics services
  • Information and Communications Technology
  • Invest in innovation

The Bahraini government aims to provide a better and more sustainable future for all, so the country’s efforts to guide the Persian Gulf region in the digital economy have focused on its economic growth.

The government has taken big steps to invest in financial technology (fintech).

You have to choose the type of company in Bahrain and register it according to the type of activity, the number of partners, the goals of the company. Before forming a company, it is better to check the structure of each company.

Types of commercial companies in Bahrain:

Bahrain Shareholding Company (BSC – Open)

A public limited company is a limited liability company with a minimum required capital of Bahrain 1,000,000 dinars, of which the partners are only liable for the company’s debts to the extent of their share. In the structure of this type of partnership, at least 5 directors and 7 shareholders are considered as founders.

Bahrain Shareholding Company (BSC – Closed)

This trading company is a joint stock company that is not allowed to sell its shares to the public and is allowed to carry out local, banking and insurance activities. The company is also known as Limited Liability, which requires a minimum capital of 250,000 Bahraini dinars. The structure of this type of company requires at least 2 partners and 3 managers.

With Limited Liability Company (WLL)

This type of company is registered with 100% ownership of the applicant, in which the partners are responsible for all the debts of the company as much as their shares. The structure of this company requires at least 2 partners and a manager who is allowed to perform activities such as insurance, banking, investment and activities at the local level. In this type of structure, international tax debts are minimized and profitability is maximized.

Partnership Company

This type of commercial company is 100% owned by the applicant, and each of the partners is jointly responsible for all the debts of the company. The structure of this type of company requires at least 2 partners and a manager. In this structure, the company does not have a minimum value for stock capital and does not allow activities such as banking, investment and insurance.

Simple Commandite

This structure of the company is a limited partnership in which none of the partners is solely responsible for the debts and liabilities of the company except for its share. There is no minimum capital in this company and like other types of limited companies, at least two managers and shareholders are needed.

Commandite by Shares

Single Person Company (SPC)

This type of company is 100% owned by a foreigner and with at least 50,000 Bahraini dinars. Only one person is responsible for the entire debt and liabilities of the company.

Individual Establishment

This type of company can only be registered for Bahraini citizens and citizens of the Persian Gulf Cooperation Council (GCC). The company is required to have a Bahraini employee or a citizen of the Persian Gulf Cooperation Council (GCC) with unlimited liability and without the need for minimum capital.

Foreign Company Branch

This type of company is a branch of a foreign company registered outside Bahrain and allowed to operate under the authority of the parent company. The company does not require a minimum capital.

The benefits of company registration in Bahrain

  • 100% foreign ownership
  • Zero percent corporate tax rate
  • Zero percentage tax rate on personal income
  • Possibility of 100% return on capital and profit
  • Modern and efficient communications and infrastructure
  • Provide quality support services to local authorities
  • Providing the necessary conditions for the preparation of immovable
  • property owned by foreign nationals
  • Enjoy abundant and cheap energy
  • Ideal geographical location for international business

The process and Documents required for company registration in Bahrain:

New law in Bahrain to encourage Persian Gulf and foreigners to open a company with a capital of only 100 dinars

Note: Previously, the company’s capital was 20,000 dinars.

Required Documents:

  • Representative work in a notary
  • Authentication from the Foreign Embassy and the Bahraini Embassy
  • Passport photo
  • Biography for each member
  • Bank account of each member
  • Company registration fees in Bahrain:
  • Office expenses for establishing a company according to the agreement
  • There are temporary office rents for the establishment period from 150 to 500 dinars and small offices in the range of 1500 dinars per year.
    The capital deposit of the company is 100 dinars