Types of company registration Bahrain


An dry land composed of thirty three islands, Bahrain is Associate in Nursing Arab autocracy within the gulf, placed between the Qatar and therefore the north-eastern coast of Saudi Arabia. Bahrain has been one in every of the Gulf’s most vital industrial centers for quite four,thousend years.

Types of company registration Bahrain

Types of company registration Bahrain

Export and producing institutions square measure powerfully supported by government of Bahrain, particularly in terms of land acquisition for fitting a industrial plant. company law in Bahrain isn’t in contrast to that within the western countries, in this businesses is run as indebtedness operations, non-public firms or different varieties of incorporation. There square measure sundry trade zones within the region, fitting a business wherever brings in conjunction with it supplementary exemption from industrial taxes, import and export duties, land tax, building and property license fees, and limits on the transfer of capital endowed there.

Company registration in Bahrain is also commenced in one in every of many ways that, the foremost common one being through a indebtedness company. One may additionally  created a country company, a branch, or a representative workplace of one’s overseas company.

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There is in have many types of company in Bahrain

Below is Associate in Nursing account of the out there industrial legal structures for company registration in Bahrain.

  1. Bahrain holding Company (B.S.C.) – Public

A public holding company contains variety of promoters (not but 7) United Nations agency subscribe in this through negotiable shares. Consequently, a partner shall be responsible for the company’s debts and liabilities solely to the extent of the worth of one’s shares.

Main options

  • Limited liability
  • Commercial, banking, insurance and investment activities allowed
  • Local workplace presence needed
  • Minimum share capital needed is Bachelor of Divinity one,000,000
  • Minimum variety of innovation shareholders needed is seven
  • Minimum variety of administrators needed is five
  • Annual submission of audited monetary statements needed
  • GCC nationals and foreign investors square measure allowable to possess company shares
  • In accordance with the Bahrain-US trade Agreement (FTA), United States investors square measure accorded Most Favored Nation (MFN) treatment kind of like GCC voters, effective as of one Gregorian calendar month 2005

Ideal For

People attending to supply shares to the general public by listing their company within the Bahrain securities market (BHB).

  1. Bahrain holding Company (B.S.C.) – Closed

A closed holding company contains variety of persons (not but 2) United Nations agency subscribe in this through negotiable shares. Such shares might not be offered to the general public for subscription.

Main options

  • Limited liability
  • Banking and insurance activities allowed
  • Local operation allowed
  • Local workplace presence needed
  • Minimum share capital needed is Bachelor of Divinity 250,000 (a minimum of fifty of the capital to be paid at the start at the time of incorporation, the balance to be paid at intervals three years)
  • The value of every share shall not be below Bachelor of Divinity zero.1 and shall not exceed Bachelor of Divinity one00
  • Minimum variety of partners and promoters needed is a pair of
  • Minimum variety of administrators needed is three
  • Local sponsor not needed
  • Annual submission of audited monetary statements needed
  • Nationals of the Gulf Co-operation Council (GCC) square measure allowable 100% possession
  • Foreign (non-GCC) investors could acquire up to 100% of the corporate
  • Under the terms of the Bahrain-U.S. Bilateral Investment written agreement (BIT), U.S. investors were accorded MFN treatment, effective as of one Gregorian calendar month, 2005
  1. with indebtedness Company (W.L.L.)

A indebtedness company is one in every of that partners square measure chargeable for the debts and liabilities of the corporate solely to the extent of their holding within the capital. If the quantity of partners falls below a pair of, the corporate should introduce new shareholders at intervals a amount of thirty days, or by force of the law, be reborn to one person company, or proceed to dissolution. A indebtedness company cannot issue public shares, negotiable warrants, or debentures.

Main options

  • Limited liability company
  • Banking, insurance and investment activities not allowed
  • Local operations allowed
  • Local workplace presence needed
  • Minimum variety of partners and promoters needed is a pair of, and therefore the most is fifty
  • Minimum variety of administrators needed is a pair of
  • Local sponsor not needed
  • 100% foreign possession allowed
  • Annual submission of audited budget needed

Ideal For

Foreign entrepreneurs wanting to try and do company in Bahrain. A W.L.L. permits one to maximize one’s profits whereas de jure minimizing international tax liabilities.

  1. Partnership Company

A partnership company could be a company while not indebtedness, shaped between 2 or additional persons beneath a selected name, during which partners assume joint responsibility, to the extent of all their personal assets, for the debts and liabilities of the partnership.

Main options

  • Unlimited liability
  • Banking, insurance and investment activities not allowed
  • Local operations allowed
  • Local workplace presence needed
  • Minimum share capital not applicable
  • Minimum variety of partners and promoters needed is a pair of
  • Minimum variety of administrators needed is a pair of
  • Local sponsor not needed
  • 100% foreign possession allowed
  1. Simple Commandite

A simple commandite could be a restricted partnership company established by one or additional partners, United Nations agency square measure together prone to the extent of their entire personal wealth for the company’s obligations, and different partner or partners United Nations agency have endowed capital within the company however aren’t concerned in management, said as “the restricted partners”. No restricted partner is command chargeable for the company’s obligations except to the extent of one’s share within the capital.

 

Main options

  • Limited liability compny there being 2 classes of partner’s restricted partners or shareholders (it’s called joint partners company)
  • Banking, insurance and investment activities not allowed
  • Local operations allowed
  • Local workplace presence needed
  • Minimum share capital not applicable
  • Minimum variety of partners needed is a pair of
  • Share of Bahraini partners’ capital shall not be but fifty one
  • Minimum variety of administrators needed is a pair of
  1. Commandite by Shares

A commandite partnership by shares could be a company registration between 2 classes of partners – one in every of that is that of joint partners United Nations agency square measure together accountable, to the extent of their entire personal wealth for the company’s obligations, and therefore the different is that of restricted partners (shareholders) United Nations agency aren’t responsible for the company’s obligations except to the extent of their equity (shares) within the capital.

Main options

  • Limited liability (more partners)
  • Banking, insurance and investment activities not allowed
  • Local operations allowed
  • Local workplace presence needed
  • Minimum share capital needed is Bachelor of Divinity twenty,000
  • Minimum variety of partners and promoters needed is four
  • Minimum variety of administrators needed is a pair of
  • An external auditor is needed
  • Local sponsor not needed
  • 100% foreign possession allowed
  1. Single Person Company (S.P.C.)

A single person company could be a company the capital of that is totally owned  by one natural or company person. The owner of the capital of the corporate shall be liable solely to the extent of the capital allotted for the corporate.

Main options

  • Limited liability
  • Banking, insurance and investment activities not allowed
  • Local operations allowed
  • Local workplace presence needed
  • Minimum share capital needed is Bachelor of Divinity fifty,000
  • Minimum variety of partners needed is one
  • Minimum variety of administrators needed is one
  • An external auditor is needed
  • 100% foreign possession allowed (depending on activities)
  • Annual submission of audited budget needed
  1. Individual institution

An individual institution within the Kingdom of Bahrain is also registered solely by Bahraini voters and voters of the Gulf Cooperation Council (GCC) countries (must be resident in Bahrain). a private institution could be a non-incorporated entity and is owned  by one individual solely. The owner is responsible for all debts and liabilities of the business to the extent of his/her personal assets.

Main options

  • Unlimited liability
  • Owner should be a Bahraini or GCC national no but eighteen years older
  1. Foreign Company registration Bahrain

A branch of an overseas company that is incorporated Associate in maintain registered outside the dominion of Bahrain is also established as an operational workplace, a representative workplace, or a regional workplace. [About foreign company registration]

Main options

  • Limits of liability same as that of the parent company
  • Local operations allowed just for Associate in Nursing operational offices
  • Representative and regional offices solely allowable to undertake selling and promotion
  • Banking, insurance and investment activities allowed (operational offices only)
  • Local workplace presence needed
  • Minimum share capital not applicable
  • Branch manager needed
  • A native sponsor is needed just for Associate in Nursing operational workplace, with the exception of branches authorized by financial organisation of Bahrain (CBB) or the Committee for Organizing
  • Engineering skilled observe (COEPP)

Ideal For

individuals within the fields of engineering or monetary services wanting to line up regional headquarters in Bahrain.

FAQ company registration Bahrain

How am i able to get industrial registration for my business?

Subsequent to selecting Associate in Nursing activity and therefore the kind of legal structure for your company, for beginning a business in Bahrain, the mandatory approvals from the involved sector regulators square measure required. once all needs a resubmitted, and conditions square measure met, a poster Registration (CR) is issued by the Ministry of trade and Commerce. industrial Registrations should be revived annually.

Can I own a business in Bahrain?

100% foreign possession is allowed in fitting a business in Bahrain. Sector-specific and/or company sort restrictions could apply.

Can I own land in Bahrain?

Bahraini and GCC nationals square measure allowable to possess land all told areas of Bahrain.

Non-nationals and foreign firms square measure allowable to possess property and property in new developed areas, including

  • The larger capital of Bahrain space, like Ahmad Al-Fateh District, Hoora Area, Bu Ghazal space, Northern District of capital of Bahrain as well as Diplomatic space (areas of high rise residential and industrial structure with elevation of ten storeys or above)
  • Seef District (with elevation of ten, five and three storeys)
  • New touristry developments like Durrat Al Bahrain, Amwaj Islands and Al-Areen Desert Resort
  • Areas that fall at intervals the sphere of the Bahrain monetary Harbour (BFH), the Bandar Al Seef space and Reef Island.
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