Amendments in CR (Commercial Registration)
In the dynamic business landscape of Bahrain, staying proactive with amendments in CR is vital for sustained success. At Setup in Bahrain Consultancy Firm, we understand the nuanced requirements of amendments in CR, and our experienced professionals are well-versed in navigating the regulatory landscape.
Count on us for detailed consultations on amendments in CR, whether it involves updating business particulars, aligning with evolving regulations, or enhancing compliance protocols. Our commitment extends beyond mere assistance; we strive to empower your business with insights and strategies that go beyond routine amendments in CR.
Our client-centric approach ensures that every step of the amendments in CR process is tailored to your specific needs. From the initial assessment to the final documentation of amendments in CR, we prioritize accuracy, efficiency, and your business objectives. Our goal is not just to facilitate amendments in CR but to contribute to the overall success and resilience of your enterprise.
As a leading consultancy firm specializing in amendments in CR in Bahrain, we take pride in our track record of delivering results. Discover the difference our expertise can make for your business. Contact us today to initiate the amendments in CR that will propel your company forward with confidence.
Amendments in Commercial Registration
Companies in Bahrain may need to make changes to their Commercial Registration (CR) to reflect changes in their operations or ownership structure. Some of the possible amendments to a company’s CR include:
Change Activity: If a company wishes to change its business activities, it must apply for a change of activity through the Ministry of Industry, Commerce, and Tourism (MOICT). The process involves submitting a notarized copy of the new Memorandum of Association (MOA), a copy of the old CR, and a detailed list of the new business activities to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Company Address: If a company wishes to change its registered address, it must apply for a change of address through the MOICT. The process involves submitting a notarized lease agreement for the new address and a copy of the old CR to the MOICT for amendments in CR. The expected time to complete this process of is approximately two weeks.
Change Branch: If a company establishes a new branch, it must apply for a change of branch through the MOICT. The process involves submitting a notarized copy of the branch registration certificate, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Company Name: If a company wishes to change its name, it must apply for a change of name through the MOICT. The process involves submitting a notarized copy of the new MOA, a copy of the old CR, and the required fees to the MOICT. The expected time to complete this process is approximately two weeks.
Delete CR W/O License: If a company wishes to cancel its CR without a license, it must file a request with the MOICT. The process involves submitting the required forms and fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Group Company Name: If a group of companies wishes to change its name, each company in the group must apply for a change of name through the MOICT. The process involves submitting a notarized copy of the new MOA, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Transfer Ownership: If there is a change in the ownership structure of a company, the CR must be updated to reflect these changes. The process involves submitting a notarized copy of the new shareholding agreement, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Capital: If a company wishes to change its share capital or make other significant financial changes, the CR must be updated to reflect these changes. The process involves submitting a notarized copy of the new share capital certificate, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Manage Authorized Signatory: If there are changes to the authorized signatories of a company, the CR must be updated to reflect these changes. The process involves submitting the required forms, a notarized copy of the new board of directors resolution, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Directors: If there are changes to the board of directors or management team of a company, the CR must be updated to reflect these changes. The process involves submitting a notarized copy of the new board of directors resolution, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Manage Representative: If a company wishes to appoint or change its legal representative, the CR must be updated to reflect this change. The process involves submitting a notarized copy of the new representative appointment letter, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Change Sponsor: If a company wishes to change its sponsor, the CR must be updated to reflect this change. The process involves submitting a notarized copy of the new sponsorship agreement, a copy of the old CR, and the required fees to the MOICT for amendments in CR. The expected time to complete this process is approximately two weeks.
Others: Other amendments to a company’s CR may include adding or deleting information, renewing the CR, settling CR due amounts, and transferring ownership of a shelf company. The required documents and fees for these amendments may vary.
At Setup in Bahrain Business Centre WLL, we understand the importance of making timely and accurate amendments to a company’s CR. Our team of experienced professionals can provide personalized guidance and support throughout the entire process of amendments in CR, ensuring a seamless and successful experience for our clients. Contact us today at [email protected] to learn more about our services of amendments in CR and how we can assist you with making amendments to your company’s CR in Bahrain.
Let’s Start Changes in Commercial registeration!
Add Activity / Delete Activity / Change Activity
Prepration of Memorandum of Assosiation
Add Branch / Delete Branch
Change Company Address
Delete CR W/O License
Change Company Name
Transfer Ownership
Add Authorised Signatory / Delete Authorised Signatory
Add Representative / Delete Representative
Add Directors / Delete Directors / Change Directors
24 Hours Service
Change Sponsor
Cancel Bankruptcy
Combination
Capital Increase/Decrease
Manage Liquidation
Change Company Period
Manage Mortgage
Change Company Type
Change Status from CR Deleted by Law to Deleted With Payment
Change Financial Year End
Settlement of CR for Deleted by Resolution
Convert Sijilli Type
Settlement of CR for Deleted without Payment
Requirements for amendments in CR
Ekey / Power of Attorney
Board Resolution for the amendments in CR
Other (Depending on amendments type)
Pricing and Delivery Time for amendments in CR
Depending on the case.
Estimation also depends upon type of amendments in CR you choose.
The entire business of the company is developed according to Memorandum of Association. A company cannot handle any business or activity not alleged in the Memorandum. It can exercise only those powers which are certainly alleged in the Memorandum. The memorandum of association of a company is the charter and defines the restriction of the power of the company entrenched under the Act.
Therefore, a memorandum of association is a document which consists of the constitution of the company. It certainly displays the company’s relationship with the outside world. Moreover, memorandum of
association facilitate the investors, creditors and people who have business with the company in one form or another to understand the scope of activities. Importance of preparation of memorandum of association
Here we have enlisted some key advantages of preparation of memorandum of association:
- Memorandum of association direct the area of operation
- Memorandum of association will determine the relationship of the company with foreigners.
- Memorandum of association will establish the charter of the company
The Memorandum of Association ﴾MoA﴿ helps set up the extent and range of the business activities that a specific company can carry out. The company can carry out business activities that they have stated in the Memorandum of Association ﴾MoA﴿. If you want to increase your business activities into other areas of the market, then you will have to make adjustments to the memorandum appropriately for amendments in CR.
We are here to give you full time assistance on ﴾MoA﴿ Memorandum of association and will provide you excellent amendments in CR, customer service because we always endorse long term and productive working relationships with our clients.
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Add Branch in CR/Delete branch in CR
Companies that have been corporate and enlisted outside Bahrain can open their branch office in Bahrain to perform certain activities. The company is also authorized to open a branch of the parent company in Bahrain to check out and
administer its interests in Bahrain.
The Ministry of Bahrain permits a foreign company to have its branch in Bahrain only if it follows the following conditions:
• The foreign company must acquire a license to develop its branch in Bahrain from the Ministry of Commerce and
Industry
• The branch of the foreign company should have a Bahraini sponsor who must be a businessman or a company.
• The branch has to authorize itself in the Commercial Registry according to the laws.
Features of a Branch in Bahrain
- The business company must endure all the liabilities of its branch in Bahrain
- The existence of local office is essential
- The branch must have a local sponsor for an operative office
- No minimum share resources condition
- A branch manager is necessary
- The parent company should give a bank insurance in favor of the Ministry of Finance and National Economy
- A branch is authorized to secure an office, invoice the Bahraini clients and get income from the customers.
Benefits of company formation in Bahrain
Change of company address
Want to change company address in Bahrain?
Then no worries, you’ve come to right place, Setup in Bahrain will assist you for sure with amendments in CR. Once you have settled your business in Bahrain, you may require some amendments in CR & your company like change of company address and other changes are also there. In Bahrain, lots of business firms want to change company address and this task required time and strong effort.
So, why don’t you call Setup in Bahrain experts to do all these efforts and let them change company address? There could be a lot of hassles, difficulties and other issues might influence business operations and to run these conveniently, we make sure all the business amendment services are complete under laws of Bahrain.
So, are you looking for authentic ways to change your company address? Then no worries we make certain that your process is completed in minimal time, with capability and followed by Bahrain rules and laws!
We are here to give you full time assistance on amendments in CR for change in company address and will provide excellent customer service because we always endorse long term and productive working relationships with our clients.
Change of company type
Want to change company type in Bahrain? Then no worries, Setup in Bahrain is at your support.
Change company type after its establishment could be a difficult task and it may need time, money and expertise in this respect. Experts of Setup in Bahrain are fully committed to complete this task efficiently and leave no stone unturned in gratifying our customers amendments in CR. After hiring our services, business shareholders take rest because they know that we offer best amendment services in Bahrain.
While living in Bahrain, you are supposed to apprise about all the amendments in CR you want to do change in company type.
Our professionals examine your case delicately and assist you throughout the process of amendments in CR with legal procedures and the essential documents to meet all the business difficulties. We don’t let our customers mess with all these troubles and try to assist you in all the conditions.
We are here to give you full time assistance on change company type and will provide excellent customer service for amendments in CR because we always endorse long term and productive working relationships with our clients.
Add authorized signatory in CR/Delete authorized signatory in CR
What is an Authorized Signatory?
Especially for those investors who are new into business world let us make it clear for them that what is Authorized
Signatory? The authorized signatory is answerable for keeping employee’s data and applying for airport recognition
badges on behalf of the organization for which they work. A company can choose three delicate signatories. They are
authorized to sign on behalf of the company and provide business documents.
Are you looking for add/delete authorized signatory service in Bahrain? No worries, we are at support!
Business is a continuing process, as you need to make a decision that needs enormous amendments with time. Moreover,
these processes have to be considered swiftly to avert waste of time and any dispute. Occasionally you require change of
authorized signature service in Bahrain rapidly and we can manage it speedily for you, followed by all the processes.
When you have a booming business configuration then you also need to manage all aspects to their desired section in a
most standardized way amendments in CR. A business founder already knows the crucial details of the company but what if suddenly you want to change the authorized signatory then what will be the next step to do?
Let us make it easy for you, leave it to us. We will give you all the services of amendments in CR for your business. To add/delete the Authorized Signatory, we will offer you absolute assistance and give you legal procedures for amendments in CR, the documentation you might need to process the application.
Change of sponsor
Setup in Bahrain is here to give sponsor change service for your company. Establishing and running a business in Bahrain has become easy now because of the economical visa policies and other adroitness offered by Bahrain government. The lifestyle of Bahrain and huge opportunities engage the foreigners to do investment in Bahrain to improve the economy of kingdom of Bahrain.
Every growing business requires some changes like change of sponsor. No worries with us – We take care of all the process and make certain to satisfy legal consideration and will make sure that you never had any problem in the coming future.
24 hours service in CR
The good news is that you hold the key to handle/manage your business in Bahrain. With our 24 hours services you can manage, handle your business and attain peace of mind. We have a wide range of expertise and experience across the full spectrum of business and personal needs amendments in CR. We know it’s not sufficient to understand the procedures and law – we have to understand our customers just as well.
We are here to give you 24 hours services/assistance because we firmly believe and endorse that our long‐term success rely on the flexibility of our clients, our people, our communities and our natural environment and we are doing our level best to assure that we make a positive contribution for all our customers.
We are here to discuss productive strategies that you can utilize anytime to enhance your business in Bahrain. We guess it’s the perfect time to get rid of all those fears which are creating problems for you in establishing a business in Bahrain and amendments in CR.
Cancel Bankruptcy
Bankruptcy is a method to clear your bills if there are no way you can pay back the persons or firms you owe money to.
It’s not a clear way out — adopting bankruptcy means the Official Assignee has access over everything you to be in debit
﴾except things like your garments and home instruments﴿, and can sell them to settled your debit.
Bahrain bankruptcy law:
The law on bankruptcy in Bahrain aim to amend rules that control bankruptcy proceedings and that boost the country’s
business community. Some changes associate to the development of a system concerning which the improvement of
institutions or individuals that file for bankruptcy can take place at any time.
The bankruptcy law also contains provisions to assure “decent distribution among creditors under the rule of preferential,
preferred and ordinary rights” in the event of a default and assures equal treatment of creditor claims. The purpose of this
bankruptcy legislation is to improve impartiality and clarity as well as to enhance the time durations in which the
bankruptcy process works.
Manage Liquidation of CR
If your business is facing breakdown, bankruptcy, or need to cutting its costs, then the liquidation services must be
performed with discretion and skill. Only with the assistance of professionals and knowledgeable specialists, stakeholders
can achieve the best positive results for amendments in CR.
Change sponsor
Setup in Bahrain is here to give sponsor change service for your company.
Establishing and running a business in Bahrain has become easy now because of the economical visa policies and other
adroitness offered by Bahrain government. The lifestyle of Bahrain and huge opportunities engage the foreigners to do
investment in Bahrain to improve the economy of kingdom of Bahrain.
Every growing business requires some changes like change of sponsor. No worries with us – We take care of all the process of amendments in CR and make certain to satisfy legal consideration and will make sure that you never had any problem in the coming future with amendments in CR.
Manage Liquidation
If your business is facing breakdown, bankruptcy, or need to cutting its costs, then the liquidation services must be
performed with discretion and skill. Only with the assistance of professionals and knowledgeable specialists stakeholders
can achieve the best positive results.
Add authorized signatory/Delete authorized signatory
What is an Authorized Signatory?
Especially for those investors who are new into business world let us make it clear for them that what is Authorized
Signatory? The authorized signatory is answerable for keeping employee’s data and applying for airport recognition
badges on behalf of the organization for which they work. A company can choose three delicate signatories. They are
authorized to sign on behalf of the company and provide business documents.
Are you looking for add/delete authorized signatory service in Bahrain? No worries, we are at support!
Business is a continuing process, as you need to make a decision that needs enormous amendments with time. Moreover,
these processes have to be considered swiftly to avert waste of time and any dispute. Occasionally you require change of
authorized signature service in Bahrain rapidly and we can manage it speedily for you, followed by all the processes.
When you have a booming business configuration then you also need to manage all aspects to their desired section in a
most standardized way. A business founder already knows the crucial details of the company but what if suddenly you
want to change the authorized signatory then what will be the next step to do?
Let us make amendments in CR easy for you, leave it to us. We will give you all the services of amendments for your business. To add/delete the Authorized Signatory, we will offer you absolute assistance and give you legal procedures, the documentation you might need to process the application.
24 hours service
The good news is that you hold the key to handle/manage your business in Bahrain. With our 24 hours services you can
manage, handle your business and attain peace of mind.
We have a wide range of expertise and experience across the full spectrum of business and personal needs amendments in CR.
We know it’s not sufficient to understand the procedures and law – we have to understand our customers just as well. We are here to give you 24 hours services/assistance because we firmly believe and endorse that our long‐term success rely on the flexibility of our clients, our people, our communities and our natural environment and we are doing our level
best to assure that we make a positive contribution for all our customers amendments in CR.
We are here to discuss productive strategies that you can utilize anytime to enhance your business in Bahrain. We guess it’s
the perfect time to get rid of all those fears which are creating problems for you in establishing a business in Bahrain.
Cancel Bankruptcy of CR
Bankruptcy is a method to clear your bills if there are no way you can pay back the persons or firms you owe money to. It’s not a clear way out — adopting bankruptcy means the Official Assignee has access over everything you to be in debit ﴾except things like your garments and home instruments﴿, and can sell them to settled your debit. Bahrain bankruptcy law The law on bankruptcy in Bahrain aim to amend rules that control bankruptcy proceedings and that boost the country’s business community.
Some changes associate to the development of a system concerning which the improvement of institutions or individuals that file for bankruptcy can take place at any time. The bankruptcy law also contains provisions to assure “decent distribution among creditors under the rule of preferential, preferred and ordinary rights” in the event of a default and assures equal treatment of creditor claims. The purpose of this bankruptcy legislation is to improve impartiality and clarity as well as to enhance the time durations in which the bankruptcy process works.
Don’t Miss Out on Lucrative Opportunities! Contact Us Now to Begin Your Hassle-Free Company Formation in Bahrain and Watch Your Business Thrive!
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Company Formation in Bahrain Setup in Bahrain is a is a well-known name in establishing the companies in Bahrain, we can register your company in Bahrain.
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The Governmet of Bahrain has imposed 5% value added tax on all products and services. Later or sooner all businesses are required to be VAT registered.
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