How To Register A Company In Bahrain

01 Jun, 2021

The owners shareholders and directors. You should give the bank account of the company for which you are registering and not of any other related party bank account.

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Business in bahrain CoForm is the easiest way to start the process of establishing your company in Bahrain.

How to register a company in bahrain. 3Commercial Registration of the Company. Disadvantages of Bahrain company registration. Additional licensesapprovals from other regulatory bodies may also be required depending on the commercial activities you plan on indulging in.

Foreign ownership is forbidden in the industries of real estate media transportation of goodspeople automotive rental oil product supply Muslim services foreign manpower sourcing and accounting. Besides it allows the citizens to inquire about the pre-requisites for setting up a business activity in the Kingdom of Bahrain and submit a feedback or complaint. The eGovernment National Portal - Kingdom of Bahrain provides a one-stop shop that facilitates the access to government Information and eServices.

What are the documents required for VAT registration Bahrain. 2Register a Company Name. Investors who set up a company in Bahrain will need to register for VAT purposes in 2021 if their annual supplies exceed the mandatory threshold.

Make sure that you abide by those laws. The commercial registration strategies laid out by the kingdoms Ministry of Industry Commerce and Tourism in conjunction with the provisions of Bahrains Commercial Companies Law of 2001 enable the global population of commercial entities to engage in nearly every sector of its economic landscape to varying degrees from the diffuse. The Ministry of Industry and Commerce MOIC has set up a few guidelines while choosing a business name.

Law and Trust works with the client to get the companys name and activity approval from the Bahrain Commercial Registry. A transitional period applies until a certain date however starting with December 2019 companies are expected to comply with the mandatory registration threshold on supplies greater than 37500 BHD and a voluntary registration on supplies. With this initial approval you can move forward with the first steps of setting up like.

The name of your company. For starters you must obtain a Commercial Registration CR license from the Ministry of Industry Commerce and Tourism MoICT. The registration process in Bahrain is quite complex and requires certain procedures In case of foreign entity the company will be only permitted to get itself registered as per the designated business entities.

973 1750 2757 or. There are still some strict requirements for foreign investment including. The electronic company registration in Bahrain is a simple process and in order to register a new legal entity investors will need to follow five basic steps.

The main regulatory authority for company formation in Bahrain is the Ministry of Industry Commerce and Tourism MOICT. Doing Business in Bahrain Before applying for a licence to conduct business in the Kingdom of Bahrain the steps and procedures outlined below need to be followed in order to meet the requirements of business practice including. Obtaining an electronic key by registering at the offices of the e.

Fill a Commerce Registration Application Form by visiting the Bahrain Investors Centre BIC If any prior approval is required for your business activity a BIC representative will guide you to the appropriate ministry Pay a fee of BD 2 just after receiving the necessary approvals Submit the necessary legal documents. This is done electronically in person or through a professional intermediary such as our agents who specialize in company formation in Bahrain. If you are registering your company as a standalone you can give any one of the Bahrain bank accounts.

Just fill out the form on this page and we will get back to you in 48hrs with a quotation requirements and a clear process of what to do next. The next step is to register your company name that will stick with your business forever. You have to provide the IBAN code.

Also these services allow the CR owners to renew their commercial registration license check the status of their applications and submit a request to amend their CR details. Once the above have been approved you will receive a Commercial Registration Certificate. Opening a bank account.

How to Register a Company in Bahrain. The Servcorp business registration offices in the Diplomatic Commercial Offices Tower enable you to register your company whatever its size for BHD 250. An entrepreneur can propose four business names at a time.

Law and Trust with the client to secure the Memorandum of Association MOA. An applicant has to utilise the SIJILAT portal when registering the entity in Bahrain.

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