Bahrain
Bahrain
Why Bahrain?
With its vision for sustainable growth and prosperity, Bahraini offers many attractive traits as a business hub.
No taxes – a Company may freely repatriate capital, profits and dividends. There are no capital gains, wealth taxes, and inheritance taxes or death duties implied on income.
Strategic location gives you access to the entire MENA region, being the reason why many international institution set up their regional head office in Bahrain including BNP Paribas and Ernst & Young.
Proximity allows quick and efficient access to the Middle East by sea, air or by land.
%100 foreign ownership
Free, open transparent environment fosters growth.
The Legal system protects and enforces commercial rights, as well as intellectual property rights and copyright laws.
Known as the leading financial services centre since the 1970’s and has a highly reputed Central Bank.
A local skilled and educated workforce is available .
Affordable and lower costs for setting up a new company and operating it with regards to wages, rent of offices, etc.
Relocation and living expenses for both bachelors and families is also more cost effective, as a high standard of living may be maintained at a lower cost.
Offering a range of services ensures convenience and efficiency for our clients; our team may advise you on the following:
- Company Registration
- Structure Management
- Corporate Affairs
Company Registration
Our team of experts can advise you and simplify the registration process of setting up a new legal entity in the Kingdom of Bahrain.
With Bahrain constantly developing it to be business friendly and allowing %100 foreign ownership, our team of experts can advise you on all your business needs with regards to the following:
Suitable Legal structure for your entity according to the size of your operation and business activities of the proposed Company – i.e. with Limited Liability, Single Person Company, Closed Joint Stock Company.
Liaising and meeting officials with the Ministry of Industry and Commerce on your behalf to ensure the efficiency and success of your application.
Drafting the Memorandum and Articles of Association and arranging for notarization with the Ministry of Justice.
Assisting you in obtaining any licenses your business activity may require from a regulatory authority (i.e. Central Bank of Bahrain, Telecommunications Regulatory Authority).
Obtaining approval from regulators for licenses.
Obtaining approval from regulators for your Commercial Registration.
As your consultant, we will act on your behalf for the registration process and not require from an authorized signatory of your company to travel.
To ensure the efficiency of your registration process and as an authorized Professional Body we can offer you a temporary registered address for three months. This would allow you to start you to possibly start operation within 3 weeks from submitting all necessary documentation.
Structure Management
Growth and expansion have become a necessity in today’s market, the high demand for maintaining and updating your current Commercial Register is crucial to the everyday running of your business.
Our team can advise you on how to ensure the smoothing operation of managing your Commercial Registration in a professional manner as required by the Ministry of Industry and Commerce and any regulatory authorities, assisting you with the registering amendments to the Memorandum and Articles of Association of your Commercial Registration whether changing the shareholding, legal structure, paid-up share capital, or business activities.
Corporate Affairs
Our services include the management of your corporate secretarial requirements, such as convening general meetings and board meetings, renewing Commercial Registrations, and even filing audited financial reports.
These services are not limited to the above, they may include advisory services on drafting legal contracts for both internal and external company use.
We can also assist newly registered companies with registration of the Commercial Registration with the Labor Market Regulatory Authority, as well as maintaining your account. This would include new applications, renewals and cancelation for employees. We can also provide you with services of obtaining Residency Permits for Investors in Bahrain.
