Company Formation Bahrain
A-Z Consultancy helps companies to start a business in Bahrain and establish a legal commercial entity within this Gulf State.
As consultants who specialize in company formation, we have a wide network of business contacts in a variety of industries allowing our clients a quick route to establish their company in the State Of Bahrain. A-Z Business Consulting provides a reliable local partner which is one of the most important issues for each foreign company.
Company Setup Bahrain
Bahrain is the most mature, well-established business hub with the largest financial institutions in the Gulf. With a track record of nearly 40 years, Bahrain is still the financial services leader in the entire region. Bahrain benefits from a well-educated population and its proximity to Saudi Arabia, the region’s largest economy to which it is connected by a causeway.
Bahrain also enjoys a strong relationship with Kuwait, particularly as the base for many Kuwaiti companies and foreign companies operating in Kuwait.
- Lowest taxes region’s taxes with corporate tax
- Lowest operating and living costs
- Gulf’s leading financial center
- More licensed financial institutions than anywhere else in the Gulf
- Modern efficient communication facilities
- Competitive real estate costs.
Ownership Requirements in Bahrain
Fifty-one per cent participation by UAE nationals is the general requirement for all Bahrain established companies, except:
- Where the law requires 100% local ownership;
- In activities open to 100% AGCC ownership;
- Where wholly owned AGCC companies enter into partnership with UAE nationals;
- In respect of foreign companies registering branches or a representative office;
Type of Company in Bahrain
- Joint Stock company (51/49%)
- General Partnership
- Limited partnership
- Partnerships limited by shares
- Joint Venture
Limited Liability Company Bahrain
Legal form: In order to conduct business activities in Bahrain, entities have to a legal presence in the region under the provisions of Decree Law No. (21) Of 2001 Promulgating the Commercial Companies Law (“CCL”). All commercial companies are governed by the provisions of the CCL together with the executive regulations thereof and the ministerial orders implementing such law issued by the Minister of Commerce. In addition, Companies may also be subject to other laws and regulations depending on the nature of their activity. The CCL provides for a wide business structures that can.
The minimum share capital: The capital may not be less than BD 20,000. The capital of the company shall be divided into shares of equal value of not less than fifty Bahraini Dinars (BD 50) each. A share shall be indivisible and non – negotiable. The company shall not be incorporated unless all cash shares are distributed among the partners, and the value thereof has been paid up in full; and the in kind shares are delivered to the company. A W.L.L. company is not permitted to undertake insurance or banking activities or the investment of funds for the account of third parties.