COMPANY FORMATION IN BAHRAIN
Looking to start a company formation in Bahrain? Look no further than Setup in Bahrain Business Centre for all your company formation needs. With years of experience and expertise, we specialize in LLC company formation in Bahrain and can assist you with all of its fives steps to form a company in Bahrain, cost of setting up a company in Bahrain and the process time for company formation in Bahrain.
At Setup in Bahrain, we understand that the process of company formation in Bahrain can seem daunting, particularly for foreigners. That’s why we make it our mission to simplify the process and provide affordable solutions that suit your specific needs. We can help you register your company with the Ministry of Industry and Commerce and tourism in Bahrain, obtain necessary permits, and fulfill all legal requirements.
COMPANY FORMATION IN BAHRAIN
Looking to start a company formation in Bahrain? Look no further than Setup in Bahrain Business Centre for all your company formation needs. With years of experience and expertise, we specialize in LLC company formation in Bahrain and can assist you with all of its fives steps to form a company in Bahrain, cost of setting up a company in Bahrain and the process time for company formation in Bahrain.
At Setup in Bahrain, we understand that the process of company formation in Bahrain can seem daunting, particularly for foreigners. That’s why we make it our mission to simplify the process and provide affordable solutions that suit your specific needs. We can help you register your company with the Ministry of Industry and Commerce and tourism in Bahrain, obtain necessary permits, and fulfill all legal requirements.
Types of Companies in Bahrain
- With Limited Liability (WLL)
- Branch of a Foreign Company
- Partnership Company
- Bahraini Shareholding Company (Closed)
- Simple Commandite Company
- Commandite By Share Company
- Investment Limited Partnership
- Protected Cell Company
- Individual Establishment
Steps for company formation in Bahrain
Step #2 Business Name Registration
Step #3 Registered Office Address and Municipality Approval
Step #4 Signing the Deed of Association / Memorandum of association
Step #5 Opening a Business Bank Account and Completion of the Process
The Graphical representation for steps and requirements to form a company in Bahrain is as below:
Forming a company in Bahrain involves a series of five detailed steps, these steps are essential for successfully establishing a company in Bahrain while adhering to the country’s regulatory framework. Below is the explanation of each step in detail:
Step #1 Security Clearance for CR | Company formation in Bahrain
In Bahrain, the security clearance process for company registration (CR) is overseen by the Nationality, Passports, and Residence Affairs (NPRA) authority. This process is crucial for businesses operating in sectors that require heightened security measures. The NPRA conducts a thorough evaluation, including background checks and verification of personal information, to ensure compliance with national security regulations.
The requirements for security clearance include:
- Clear copy of the passport (mandatory; serves as a primary identification document).
Optional documents to enhance the value of the security clearance application:
- Visa copies from other countries (optional; demonstrates international exposure).
- Educational documents (optional; such as degrees, certifications, or diplomas).
- Experience letters (optional; providing evidence of relevant professional experience).
- Comprehensive business plan (optional; detailing the nature of the business, market analysis, financial projections, and growth strategies).
Step #2 Business Name Registration | Company Formation in Bahrain
Starting a business in Bahrain requires careful planning and attention to detail. One of the first steps is to reserve your business name with the Ministry of Industry, Commerce, and Tourism. At Setup in Bahrain Business Centre, we understand the importance of selecting the right business name, and we’re committed to providing transparent and reliable services to help you through the process.
To reserve your business name in Bahrain, you’ll need to provide the following:
- Three (3) Proposed Business Names
- Proposed Business Names should be unique
- These proposed business names should not be taken before
- These proposed business names should not be trademarks
- The proposed names must have an Arabic translation
Our team at Setup in Bahrain can assist you with the preparation and submission of the required documents for business name reservation. We’ll guide you through the process and ensure that you meet all the necessary requirements. We understand that selecting the right business name is crucial for your success, and we can help you choose a name that aligns with your business activities and stands out in the market.
At Setup in Bahrain, we’re committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. We offer a range of services, including company formation, accounting and bookkeeping, legal services, HR and recruitment, and more. Contact us today to learn more about our services and how we can help you establish and grow your business in Bahrain.
Step #3 Registered Office Address and Municipality Approval | Company formation in Bahrain
In Setup Bahrain Business Centre, there are three types of office spaces available to cater to various business needs.
Virtual Office:
A virtual office is a service that provides businesses with a professional address and communication services without the need for a physical workspace. It allows companies to establish a prestigious presence in Bahrain without the costs and commitments associated with a traditional office. With a virtual office, businesses can benefit from mail handling services, call forwarding, and access to meeting rooms on-demand. This option is particularly suitable for remote or home-based businesses that require a professional image and a local business address.Standard Office Setup (Table and Chair):
This option offers a standard office setup consisting of a table and chair, providing a dedicated workspace for individual professionals or small teams. It offers a comfortable and functional environment for day-to-day operations, allowing businesses to have a designated area for their work activities. This setup is suitable for those who need a physical workspace with a desk and chair to carry out their tasks efficiently.Cabin (6 Square Meters):
The cabin option in Setup Bahrain Business Centre provides a private space of 6 square meters that can accommodate three individuals. It includes one officer’s desk and seating for two guests, making it ideal for meetings, consultations, or collaborative work. This cabin offers a more enclosed and private environment, providing businesses with a dedicated space for confidential discussions or focused work. It is suitable for small teams or businesses that require a private area to meet clients or conduct internal meetings.
These office setups offered by Setup Bahrain Business Centre are not only flexible options for businesses but also serve as mandatory requirements for forming a company in Bahrain. The Ministry of Industry, Commerce, and Tourism (MOICT) typically mandates businesses to have a physical office address for registration purposes. Additionally, obtaining approval from the municipality is necessary to comply with local regulations. Municipality approval may require providing a rent agreement, pictures of the office space, and an EWA bill to verify utility connection. By meeting these requirements, businesses can demonstrate their compliance and establish a legitimate presence in Bahrain.
Step #4 is Drafting the Deed /Memorandum of Association and its Notarization | Company Formation in Bahrain
As part of the company formation process in Bahrain, you’ll need to draft and sign a memorandum or deed of association. Here are the requirements for this step:
- Your original and Valid passport.
- Your original CPR (Central Population Register), if applicable.
- Your original power of attorney or self Presence in front of notary
At Setup in Bahrain, we understand that the process of drafting and signing a memorandum or deed of association can be complex and require attention to detail. Our team can guide you through the process and ensure that all necessary steps are taken to prepare and sign the memorandum or deed of association for your business. We’re committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Step #5 Opening a Business Bank Account and Completion of the Process | Company Formation in Bahrain
Opening a business bank account in Bahrain is a mandatory requirement to activate your company. Here are the requirements for opening a business bank account:
- original passport.
- original CPR (Central Population Register), if applicable.
- Presence in front of Bank officer
- A copy of your CR (Commercial Registration) certificate.
- A copy of the extract of your CR.
- Original notarized memorandums.
- A Personal six-month bank statement from any bank in Bahrain or outside Bahrain for all partners.
- A Company six-month bank statement from any bank in Bahrain or outside Bahrain (if available).
- The original lease agreement for your commercial address.
- An electricity bill for your commercial address.
- A feasibility study or business plan.
At Setup in Bahrain Business Centre, we understand that opening a business bank account can be a complex process. Our team can guide you through the process and ensure that all necessary requirements are met. We’re committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Cost of Setting up a company in Bahrain
If you’re considering company formation in Bahrain, it’s important to understand the different factors that can impact the cost. At Setup in Bahrain, we offer affordable rates starting at BHD 800 without an office address and BHD 1340 with a virtual office.
Here are some key points to keep in mind about the cost of setting up a company in Bahrain:
- The cost can vary depending on the number of partners, the type of company, and the nature of the business activities.
- Additional factors such as registration fees, taxes, and legal fees can also impact the overall cost.
- At Setup in Bahrain, we offer transparent pricing and are always upfront about the cost of setting up a company in Bahrain.
- We work closely with our clients to ensure that there are no surprises and that they have a clear understanding of the cost of setting up a company in Bahrain.
In addition to virtual office options, we also offer more comprehensive solutions that include a work desk or a private cabin of 6 sqm. Our work desk package costs BHD 1700, while our private cabin package costs BHD 2150. These options can provide you with a physical presence in Bahrain and allow you to conduct business more easily.
At Setup in Bahrain, we’re committed to providing transparent and trustworthy services. Our team is always available to answer your questions and provide guidance throughout the company formation process, ensuring that you have a clear understanding of the cost of setting up a company in Bahrain and what you can expect from our services.
In conclusion, Setup in Bahrain is your reliable partner for company formation and business services in Bahrain. Contact us today to learn more about our services, including the cost of setting up a company in Bahrain, and how we can help you establish and grow your business in Bahrain.
Our Packages of Company Formation in Bahrain
Features | Premium | Gold | Standard |
|---|---|---|---|
Address | An address with a Cabin an Officer Table and Chair 2 Guest Chairs | An address with a Table and Chair | Virtual Address |
Wi-Fi | |||
Telephone | |||
Secretary | |||
Kitchen | |||
Mail Routing | |||
Security | |||
Cleaning | |||
Company Formation | |||
Processing Time
( Days ) | 20-25 Days | 25-35 Days | 35-45 Days |
Presence | Power of Attorney is Required | Physical Presence Required | Physical Presence Required |
Cost | Cost | Cost | |
Total Cost | BHD 2150 | BHD 1700 | BHD 1340 |
 | | |
Process Time for Company Formation In Bahrain
The process time for company formation in Bahrain can vary depending on the package you choose. Here are the estimated time frames:
- Premium package: 20-25 business days.
- Gold package: 25-35 business days.
- Standard package: 35-45 business days.
Please note that these are rough estimates and the actual time frame may vary. We understand that timing is crucial when it comes to setting up a business, and our team at Setup in Bahrain is committed to providing efficient and reliable services to ensure that your company is formed as soon as possible. Contact us today to learn more about our packages and how we can assist you with the establishment of your business in Bahrain.
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Company Establishing in Bahrain
The cost of company formation in Bahrain can vary depending on the activities, but we offer competitive rates starting at BHD 800 without an address and BHD 1340 with an address for up to 3 business activities. We also offer LLC company formation in Bahrain, which qualifies you for an investor visa and allows you to sponsor your family.
Our team at Setup in Bahrain is committed to delivering quality services for the best possible cost of setting up a company in Bahrain. We can assist you with VAT registration, LMRA services, ESR services, CR renewal services, and other services you may require to ensure a smooth and successful company formation process.
Foreigners and GCC citizens find that company formation in Bahrain is easy and simple with Setup in Bahrain. With 100% ownership, there are countless businesses you can own and manage in Bahrain. The minimum capital requirement for company formation in Bahrain is only BHD 1,000 (USD 2652.88 Approx), making it an attractive destination for investors.
Company formation in Bahrain is very easy and simple for foreigners and GCC Citizens, Setup in Bahrain offers a wide range of businesses to foreign citizens that they can own with 100% ownership, the minimum capital requirement for company formation in Bahrain is only BHD 1,000 (USD 2652.88 Approx) that increases the attraction of investors to invest in Bahrain.
In addition to our company formation services, we also offer other business services that can help you grow and succeed in Bahrain. These include accounting and bookkeeping services, legal services, HR and recruitment services, and more. With our comprehensive range of services, you can rest assured that you’ll have all the support you need to establish and grow your business in Bahrain.
More Detail about Requirements for Company Formation in Bahrain
If You want to start Business on Bahrain, You have to meet the following stages for company formation in Bahrain. Our Company is serving thousands of people to start their business in Bahrain , so feel Free to contact us:
When establishing a company in Bahrain, you’ll need to obtain approval from the municipality. Here are the requirements for municipality approval:
- A lease agreement for your office, shop, or workshop. The agreement must be for a commercial address and be valid.
- Connection of electricity and water from the Ministry of Electricity and Water in Bahrain (EWA Bahrain).
- Pictures of your office, shop, or workshop, including inside and outside views and the municipality number plate.
- An address card from your landlord that shows the address of the commercial location and the type of property (store, shop, office, or residential property).
At Setup in Bahrain, we understand that obtaining municipality approval can be a complex and time-consuming process. Our team can guide you through the process and ensure that all necessary steps are taken to obtain municipality approval for your business. We’re committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Bahrain is a highly sought-after destination for investment in the Middle East, with growing interest from foreigners looking to establish their businesses in the region. Company formation in Bahrain is a simple and attractive option for outsiders, offering a streamlined process with affordable costs compared to other countries. The cost of company formation in Bahrain is dependent on various factors, but our team at Setup in Bahrain can guide you through the process and ensure that you receive quality services at the best possible cost. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Why company formation in Bahrain
Bahrain, a small but dynamic country in the Middle East, is rapidly becoming a popular destination for foreign investors and entrepreneurs looking to establish their businesses in the region. There are many reasons why company formation in Bahrain can be an attractive option for those seeking to expand their operations in the Middle East.
Here are the benefits of company formation in Bahrain:
- Strategic location: Bahrain has a strategic location, with easy access to the rest of the GCC (Gulf Cooperation Council) region and beyond. Its modern infrastructure, including a world-class airport and seaport, makes it an ideal location for businesses looking to trade and connect with other countries in the region.
- Business-friendly environment: Bahrain offers a business-friendly environment with a stable economy and government policies that support foreign investment. The country has a well-established legal system and regulatory framework, which provides a transparent and predictable business environment. The government has also taken steps to encourage entrepreneurship and innovation, including the establishment of startup incubators and accelerators.
- Low cost of company formation: The cost of company formation in Bahrain is relatively low compared to other countries in the region. The minimum capital required to establish a company in Bahrain is only BHD 1,000 (approximately USD 2,650), which is significantly less than the capital requirements in other GCC countries.
- Tax benefits: Foreign companies that establish themselves in Bahrain can benefit from the country’s extensive tax treaty network, which allows for tax-efficient structuring of operations in the region. Bahrain also has a free trade agreement with the United States, giving businesses access to the largest economy in the world.
- Multicultural and welcoming society: Bahrain is a multicultural and tolerant society that welcomes people from all over the world. Its friendly and welcoming atmosphere, combined with a high standard of living and quality of life, make it an attractive location for foreign entrepreneurs and their families.
- Access to a highly skilled and multilingual workforce, with a high proportion of the population educated to university level.
- Strong government support for foreign investors and businesses, including streamlined processes for obtaining visas, work permits, and other necessary documents.
- The availability of a wide range of commercial properties and office spaces at competitive prices.
- A well-developed financial services sector, with a large number of banks, insurance companies, and other financial institutions.
- A highly developed and modern infrastructure, including a world-class airport and seaport, and an extensive network of roads and highways.
- A thriving tourism industry, with a large number of visitors each year drawn to Bahrain’s rich cultural heritage, modern attractions, and beautiful landscapes.
- A highly stable and secure environment, with a low crime rate and a strong commitment to maintaining social order and stability.
These benefits make Bahrain an ideal destination for foreign investors and entrepreneurs looking to establish their businesses in the Middle East. At Setup in Bahrain, we are committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Government Policies for Company Formation in Bahrain
The Government of Bahrain has recently approved a new law that permits foreigners to have 100 percent ownership in business sectors. This move has attracted investors from all over the world, resulting in an enhanced business infrastructure in various sectors such as real estate, health and social work, administrative services, arts, entertainment, mining, and investments. This, in turn, offers a promising environment for your business to grow and flourish.
Moreover, Bahrain offers an ideal economic development environment with a stable government and commendable policies that permit businesses to operate with ease. Commercial registration in Bahrain is a crucial part of company formation in Bahrain, which can provide several benefits, such as:
- Easy access to the GCC region and beyond with modern infrastructure, including a world-class airport and seaport.
- Business-friendly environment with a well-established legal system and regulatory framework that provides a transparent and predictable business environment.
- Government initiatives that encourage entrepreneurship and innovation, including the establishment of startup incubators and accelerators.
- Relatively low costs of company formation compared to other countries in the region, with a minimum capital requirement of only BHD 1,000 (approximately USD 2,650).
- Extensive tax treaty network that allows for tax-efficient structuring of operations in the region.
- Free trade agreement with the United States, providing businesses with access to the largest economy in the world.
- Multicultural and tolerant society that welcomes people from all over the world.
- High standard of living and quality of life for foreign entrepreneurs and their families.
In conclusion, with the new law allowing 100 percent ownership to foreigners, Bahrain has become an even more attractive destination for investors and entrepreneurs looking to establish their businesses in the region. At Setup in Bahrain, we provide reliable and transparent services to help you establish and grow your business in Bahrain. Contact us today to learn more about how we can assist you with the establishment of your business in Bahrain.
Benefits of Company Formation in Bahrain
Bahrain is a small but dynamic country in the Middle East that offers many benefits for companies looking to expand their operations in the region. Here are some key benefits of company formation in Bahrain:
Strategic location: Bahrain is strategically located in the heart of the Gulf region, providing easy access to the Middle East, Africa, and beyond. The country’s modern infrastructure, including a world-class airport and seaport, makes it an ideal location for businesses looking to trade and connect with other countries in the region.
Complete ownership: One of the most attractive features of company formation in Bahrain is the ability for foreigners to have complete ownership of their business. The government of Bahrain recently approved a new law that allows foreigners to have 100% ownership in business sectors, making it an even more attractive destination for foreign investors.
High level economy: Bahrain has a well-established and diversified economy, with a strong focus on financial services, manufacturing, and logistics. The country has a high GDP per capita and a low unemployment rate, making it an ideal location for businesses looking to tap into a highly skilled workforce.
Favorable taxes: Bahrain has one of the most favorable tax regimes in the Gulf region, with no corporate tax, no personal income tax, and no value-added tax (VAT). This makes it an attractive location for businesses looking to minimize their tax liabilities.
High level banking system: Bahrain has a well-developed and regulated banking system, which is considered one of the most advanced in the region. The country is home to over 400 financial institutions, including some of the world’s largest banks.
Chances for agreements more than 60 countries: Bahrain has signed over 60 international agreements, including free trade agreements, investment protection agreements, and double taxation treaties. This allows businesses to operate in a tax-efficient manner and take advantage of new markets.
Annual return system: Bahrain has a robust regulatory framework, including an annual return system that requires companies to submit their financial statements to the authorities on an annual basis. This ensures transparency and accountability, and helps businesses stay compliant with local laws and regulations.
Company formation in Bahrain offers many benefits for foreign investors and entrepreneurs looking to expand their operations in the Middle East. With its strategic location, favorable tax regime, advanced banking system, and robust regulatory framework, Bahrain provides an ideal environment for businesses to grow and flourish. Contact us at Setup in Bahrain to learn more about how we can assist you with the establishment of your business in Bahrain.
LLC Company Formation in Bahrain
Bahrain is a premier destination for various business and commercial activities, attracting entrepreneurs and businessmen from all over the world. The LLC (Limited Liability Company) type of business entity has been instrumental in helping them achieve their business goals.
LLC Company Formation in Bahrain has proven to be a valuable resource for multiple shareholders and entrepreneurs, providing them with new strategies and methods to improve their business operations. LLC Company Formation in Bahrain has also been successful in implementing the latest approaches and techniques to enhance transparency and service capabilities.
Here are some of the key benefits of LLC Company Formation in Bahrain:
- Foreign stakeholders can enjoy 100% ownership.
- Local sponsorship is not required.
- Minimal share capital is required for stakeholders in Bahrain.
- There are no taxes on custom duties.
- The cost of operation is low.
- It provides easy connectivity to important cities across the world.
- Clients have the option to give an E-key and password instead of Power of Attorney to service providers. If a Power of Attorney is necessary, it can be limited to specific work/services.
Overall, LLC Company Formation in Bahrain offers numerous benefits for entrepreneurs and businesses looking to establish themselves in the region.
More Advantages of Company Formation in Bahrain
Bahrain is a top choice for entrepreneurs and businessmen seeking to establish their business ventures in a high-class destination. The WLL (With Limited Liability) company formation in Bahrain has been instrumental in assisting multiple shareholders and entrepreneurs to achieve their business goals.
The WLL company formation in Bahrain offers a helping hand to businessmen in devising new strategies and methods for various business activities. It assures absolute transparency and capability in its services while articulating the latest approaches to improve businesses.
Here are some key benefits of WLL company formation in Bahrain:
- Foreign stakeholders can have 100% ownership.
- Local sponsorship is not required in Bahrain.
- Minimal share capital is needed for stakeholders in Bahrain.
- No taxes on custom duties.
- Low cost of operation.
- Easy connectivity to important cities across the world.
- Clients can give a power of attorney to others or provide an E-key and password to the service provider for registering the WLL company formation in Bahrain using their details.
- If a power of attorney is given, it should be limited to the work/services.
Establishing a WLL company in Bahrain can provide foreign entrepreneurs and businessmen with a conducive business environment that encourages innovation and growth. With Setup in Bahrain, we can assist you in every step of your company formation process in Bahrain. Contact us today to learn more about our services.
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In conclusion, setting up a company in Bahrain is a straightforward process, with many benefits for foreign investors and entrepreneurs. At Setup in Bahrain, we are committed to providing transparent and reliable services to help you establish and grow your business in Bahrain. We offer a range of packages to suit your specific needs and budget, with all costs included so there are no hidden fees or surprises. Whether you are looking to establish a WLL company or another type of business entity, we can assist you with every step of the process.
To learn more about our services and how we can assist you with the establishment of your business in Bahrain, please don’t hesitate to contact us. You can easily reach us through the WhatsApp button on our website or send an email to [email protected]. Our team of experts is always ready to answer any questions you may have and guide you through the process of setting up your business in Bahrain. Don’t let this opportunity pass you by – contact us today and let us help you make your business dreams a reality in Bahrain!
FAQs
Can I open a Company in Bahrain If I am not from Bahrain?
How much time does it take for a Company Formation In Bahrain?'
A typical company can be formed in 25 to 45 Business days and depend on the package you chose.
Can we open Company in Bahrain Online?
Yes, we can process your application online and require an authority letter and Power of attorney from you.
What are the requirements for company formation in Bahrain?
The requirement for setting up a comapny in Bahrain is:
- a copy of passport
- Three Proposed Business Names
- Virtual / Physical Address
- 6 months bank statement
How many Resident Permits (Visas) I will get after company formation in Bahrain ?
after company formation in Bahrain each shareholders will get a “Businessman/Investor” resident permit and resident permits for their dependents (Spouse and Children). Initially you can avail 2 work-permits for your employees. Later you can increase the work-permits by providing the workload document to LMRA.
Let’s Get Connected !
There are many other business for expats in Bahrain that they can setup in Bahrain ,Feel Free to talk us we will help you and support you professionally. Please contact us with your idea to discuss more about Business for Expats in Bahrain. You also can contact us for Company Formation in Turkey or Work Visa Turkey or Visit visa Turkey.
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- Setup in Bahrain Business Centre WLL. EBC Tower, Floor 15, Building 361, Road 1705, Block 317, Town Diplomatic Area, Kingdom Of Bahrain
CR Renewal
CR is a short form of commercial registration, It is compulsory to have a Commercial registrations in Bahrain to run a business officially .We can help you in establishing business.
LMRA Services
Our professionals are capable of handeling all of your LMRA operations. They can assist you in Visa processing, adress updating Ceiling Offence Removal on time.
Accounting Services
Are you looking for assistance in Audit Finalization?Our experienced professionals can help you in managing your accounting data.Are you looking for assistance in Audit Finalization?Our experienced professionals can help you in managing your accounting data.
VAT Registration
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.
Amendments
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.
Company
Formation in
Bahrain
