COMPANY FORMATION BAHRAIN

Bahrain is a small but dynamic country located in the heart of the Gulf Cooperation Council (GCC) region. It has a favourable business environment and offers numerous investment opportunities across various sectors. Here are some reasons why you should consider investing in Bahrain:

  • Strategic location: Bahrain is strategically located at the crossroads of the GCC region, making it an ideal location for businesses looking to expand their reach in the Middle East and beyond.
  • Pro-business environment: Bahrain offers a pro-business environment that is conducive to investment and entrepreneurship. The country has a well-developed legal and regulatory framework that protects investors’ rights and guarantees the ease of doing business.
  • Competitive costs: Bahrain offers competitive costs for setting up and running a business. The cost of living is relatively low compared to other GCC countries, and the government provides various incentives to attract foreign investment. 

WHY REGISTER A COMPANY IN BAHRAIN:

  • Plenty of signed free trade agreements and treaties with different states and international organizations (including the World Trade Organization, the International Monetary Fund)
  • Lots of tax exemptions
  • Highly developed financial sector
  • Many incentives for foreign investments

REGISTERING A COMPANY IN BAHRAIN:

  • Definition of the activities scope (not all industries are open to foreigners).
  • Selection of the name of the future enterprise – it should not repeat already registered trademarks and brands.
  • Collecting details about the entity’s shareholders – there may be certain restrictions on a range of shareholders.
  • Appointment of company directors.
  • Formation of the authorized capital of the company.
  • Development of a memorandum of association and the charter of a limited liability company – with the prior approval of these documents by the Ministry of Commerce.
  • Opening a settlement account and obtaining a certificate of bank deposit.
  • Filing an application for the registration of the company together with an accompanying package of documents.
  • Registration for tax and social security purposes.
  • Obtaining additional licenses and permits (required for certain regulated types of activities).
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