Eternity Law International News Company registration in Bahrain

Company registration in Bahrain

December 20, 2020

Bahrain is a classic offshore and attracts investors from abroad, since there is no direct taxation in this state. A corporation established on the territory of the kingdom does not pay income tax and tax on its turnover. Foreign entrepreneurs, most often, choose the WLL Company form for their enterprises, which corresponds to a society with a limited type of liability.

The corporate environment is regulated by the Law on Business Enterprises, passed in 2001. Local legislation is quite loyal to foreign businessmen, however, it provides for the presence of a resident co-founder in a foreign company. Usually, this person actually runs the firm, while the non-resident partner finances the structure.

The main stages of the procedure

The establishment of a company in Bahrain consists of the following several stages.

  1. The direction of the firm’s activity is determined. It should be noted that foreigners are not allowed to do business in all industries.
  2. A name is chosen for the future organization. The name must be unique.
  3. The circle of shareholders is limited.
  4. The directors of the company are appointed.
  5. Capital is being formed.
  6. A Memorandum of Association and a Statute are being drafted. You must first obtain approval for these documents from the ministry that regulates trade.
  7. A local account is created.
  8. Documents are submitted for company registration.

The whole procedure is not that complicated, so there are no serious difficulties for foreign entrepreneurs.

Features of the procedure and jurisdiction in general

First of all, a foreign investor should find out whether non-residents in Bahrain are allowed to engage in the activities that he has chosen for himself. For example, foreign businessmen cannot work in the field of insurance and banking services. In addition, a number of industries require a special license permit.

1 person can act as the founder of the enterprise, however, it will be necessary to hire a manager who must be a resident. When registering, the amount of the authorized capital is clearly determined, the time frame during which it will be paid is indicated, and in what order. For an LLC in Bahrain, the minimum capital requirement is RSD 20,000.

The amount of time it takes to register a company depends on the organizational form of the company. On average, the process takes about 12 weeks.

If you need to register a company in Bahrain, our specialists will help you register a company quickly and efficiently. Also, you can buy a ready-made company in Bahrain. Write to us in the CRM form and we will help you register a company.

Eternity Law International specialists will provide you with qualified advice on the acquisition of an offshore company, opening a bank account in any jurisdiction, as well as further support of your company’s activities at any stage.

We offer ready-made European and offshore companies. It takes 2 days to reissue documents for new owners.

If you have any questions or need advice on registering or buying a company, call us at the phone numbers listed on the website, or write to us in the CRM form located at the bottom of the page. Our specialists will answer you online.

You could be interested

EMI schemes after Brexit

According to the statement of HMRC, EMI schemes will remain to be effective after Brexit transitional period. These schemes allow some businesses to provide workers nontaxable share options worth up to £250,000; they do not expire and will be applicable in the post-Brexit period. What can companies hope for? As of now, there are multiple...

Foreign Money Services Business in Canada

Introduction Canada is renowned for its welcoming environment, making it an appealing destination for persons and businesses worldwide. If you’re contemplating entering Canada’s monetary services sector as a foreign entity, it’s essential to grasp the rules, opportunities, and prerequisites involved. In this article, we’ll delve into the intricacies of becoming a FMSB in Canada and...

Company formation in Latvia

The position of Latvia and its ease of access to its neighbors are two of its main benefits. Infrastructure is a significant commercial benefit, but Latvia also has a competent and multinational workforce, priceless environmental assets, a stable economy, and amazing business opportunities for both domestic and foreign businesses. Being an EU member facilitates the...

Main peculiarities of Cyprus EMI license

The Republic of Cyprus, an island in the eastern Mediterranean Sea south of the Anatolian Peninsula, is the best post-Brexit jurisdiction for EMI licensing. Financial firms, established there can take advantage of an effective legal framework in line with EU legislation, a straightforward process, and highly favorable taxation. Also, EMIs can carry out their services...

Company registration in Slovakia

Slovakia is not a standard offshore zone. However, this does not make this jurisdiction less interesting for foreign investors. The legislative base of Slovakia provides for the creation of organizations such as JSC. For such companies, the authorized capital is set at 25,000 euros. Also, you can register an LLC – the minimum charter capital...

Electronic money license in UK

UK is a fairly popular country for business-persons intending to bring their business to the global level. Launching a company in this commercial space has plenty of prospects and benefits for a businessman. Both novice business-persons and experienced capital owners intending to work in e-money choose the UK, since such permission is recognized in most...
Fill the blank:


Dreikonigstrasse, 31A, Stockerhof


Baseina street, 7


Grosvenor Gardens, 52

New York

1178 Broadway, 3rd Floor #3353 New York, NY 10001


Gediminas Avenue, 44A


Kesklinna linnaosa, Tuukri 19


Lochrin Square, 1


Jacovides Tower, 5 floor


Esplanade, 7 floor

Hong Kong

18 Harbour Road, 35/F, Central Plaza, Wanchai


Level 42, Suntec Tower Three, 8 Temasek Boulevard


20 Martin Place


2609 Avenida da Boavista


Revaz Tabukashvili Str., N 45, area N 7