Subsequent to choosing an activity and the type of legal structure for your company, for starting a business in Bahrain, the necessary approvals from the concerned sector regulators are required. When all requirements are submitted, and conditions are met, a Commercial Registration (CR) is issued by the Ministry of Industry and Commerce. Commercial Registrations must be renewed annually.
Category
Bahrain
100% foreign ownership is allowed in setting up a business in Bahrain. Sector-specific and/or company type restrictions may apply.
After obtaining the required approvals and submitting the requisite documents, it would generally take 1 to 5 business days for the company to get registered in Bahrain.
A resident director/partner/manager/legal representative is required only if the company under consideration is a representative or branch office.
The corporate tax in Bahrain is 0%. Companies in Bahrain are not required to file annual tax returns.
There are no restrictions on where a Bahrain company can operate. Bahrain provides access to the Middle East and the GCC states, and has bilateral trade arrangements with 43 countries.
Company formation in Bahrain is the process of registering a business at Bahrain Investors’ Center (BIC). As a result, the business becomes a distinct legal entity.
Subsequent to submission of requirements to sector regulators, a Commercial Registration (CR) is issued by the MoIC. Commercial Registrations must be renewed annually.
100% foreign ownership is allowed in setting up a business in Bahrain. Sector-specific and/or company type restrictions may apply.
Bahraini and GCC nationals are permitted to own land in all areas of Bahrain.Non-nationals and foreign companies are permitted to own property and real estate in new developed areas.