Business setup & Company Formation In Bahrain
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Key Link offers business support in Bahrain, including LMRA processing, immigration, traffic services, and company formation. We simplify visa applications and official documentation, allowing you to focus on growing your business.
At Keylink, we understand the complexities and challenges of navigating the document clearance process in Bahrain. That's why we've dedicated ourselve...
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Key Link offers business support in Bahrain, including LMRA processing, immigration, traffic services, and company formation. We simplify visa applications and official documentation, allowing you to focus on growing your business.
Bahrain offers several types of business entities including: ➤ Limited Liability Company (WLL) ➤ Partnership Company ➤ Joint Stock Company (BSC) ➤ Branch of a Foreign Company
The requirements vary based on the type of entity, but generally include: ➤ Minimum share capital (varies by entity type) ➤ At least one shareholder and one director (in some cases, they can be the same person) ➤ A local office address Compliance with Bahraini laws and regulations
The timeframe can vary depending on the complexity of the entity and the completeness of documentation submitted. Typically, it can take between 1 to 3 months to complete the entire process.
The basic steps include: ➤ Reserve a company name ➤ Prepare and notarize the company's ➤ Memorandum and Articles of Association ➤ Open a corporate bank account and deposit the minimum required capital ➤ Obtain necessary approvals and licenses from relevant authorities ➤ Register with the Commercial Registry and obtain a commercial registration certificate
For certain types of entities, like a WLL (Limited Liability Company), having a Bahraini partner or sponsor owning at least 51% of the shares is required. However, other types of entities, such as branches of foreign companies, may not require a local partner.
Bahrain offers various incentives to attract foreign investment, including tax exemptions for specific industries and activities. It's advisable to consult with a local advisor or the Bahrain Economic Development Board (EDB) for the latest information on incentives applicable to your business.
After incorporation, businesses in Bahrain must comply with ongoing obligations such as: ➤ Annual financial audits ➤ Filing of annual returns and financial statements ➤ Renewal of commercial registration ➤ Compliance with labor and immigration law
Yes, once your company is established, you can apply for work visas for yourself and your employees. The number and type of visas available depend on the size and nature of your business.
Yes, foreign companies can establish a branch or relocate their headquarters to Bahrain. The process involves obtaining the necessary approvals and registering with the Ministry of Industry, Commerce, and Tourism.
Engaging a local consulting firm or legal advisor with expertise in Bahraini business laws and regulations is highly recommended. They can provide guidance, manage paperwork, and expedite the process efficiently.
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