Company formation in Bahrain|Foreign Company formation in Bahrain
Over the years, Bahrain has emerged as a top choice for various investors and businessman from different parts of the globe. With an active support from the local administration, there has been an increase in business activities in and across the region. Therefore, it is important that one consults an efficient agency for getting their business set-up.
WHY CHOOSE US?
We have an efficient team that is vastly experienced and has strived to provide excellent services in company formation. It has also ensured that clients do not face any unwanted hassles or issues while setting up their business and ensures them effective guidance at each and every step.
A group of Islands in the Persian Gulf form the Kingdom of Bahrain. The parliamentary constitution in the country is led by the King His Highness Hamad Bin Isa Al Khalifa. From about the last century oil and gas has been the major pillar of the country’s economy. However, recently the government has updated the financial strategy by encouraging foreign investments in other sectors such as petrochemicals, refining of aluminium, shipbuilding in ship maintenance and so on.
Bahrain attracts foreign investors. However, being an entrepreneur, it is vital to understand the Corporate Law in the country. We would work closely with you availing the Company formation services. During our impressive presence of over two decades in Bahrain, we have helped hundreds of corporate clients to start their business operations in a hassle-free manner.
Helpline Group is a government approved agency with ISO 9001-2008 certification
Company Registration|Company Formation Steps in Bahrain
We analyze your business goals, and according to the nature of business proposed and capital investment, we help you to set-up your business and balance through the following steps:
Finding A Partner
It is a mandatory requirement to have a local sponsor of partner for your business in Bahrain. We would assist you to choose the right partner for your business, considering the sector you are investing in and other technicalities for your proposed business.
Our experienced professionals would help you to select the proper business model, considering the allowed business structures in the country, suitable for your requirements. Our team will complete all the procedures for your business setup and help you to launch your business in Bahrain as soon as possible.
We offer wide-ranging company registration services, ensuring timely completion of registration of your business for different taxes applicable. Similarly, our team of professionals represents you to acquire all necessary licenses from the local, regional and national authorities.
As a comprehensive service and solution provider, Helpline Group is a one-stop destination for all your international business services in Bahrain and other Gulf countries. As Bahrain has a strong legal and regulatory system, you would need support from a knowledgeable partner in the country to establish and operate your business easily.
Promise on Quality and Reliability
Legal Structures of the Company
There is a crucial step to decide the proper legal structure according to your nature of business proposed.
The Government of Bahrain allows the following legal structures of the company:
Limited Liability Company Formation:
The foreign investors can form different types of LLCs in Bahrain:
- It is possible to get 100% ownership in a Single Person Company. The formation in the activities of such company is governed through the Commercial Company Law 2001.
- At least two shareholders, two directors and local partner can register a WLL with a unique name.
- Two shareholders, two directors and a local partner coming together for a large investment for a large project in Bahrain can form Bahrain Shareholding Company.
Company Law in Bahrain allows the foreign investors to set-up a branch office without setting up a subsidiary. If the business activity is allowed for the LLC led by foreign nationals, the foreign investors can get 100% ownership of the branch offices.
An individual or company in Bahrain can be appointed as a commercial agency by the overseas parent companies. The commercial agency can offer services and distribute goods on behalf of the parent company.
Representative Trade Office:
Overseas parent companies can form the representative trade office in Bahrain, appointing a local agent. The parent companies can conduct research and promote their business in Bahrain, but cannot indulge in any profit making activity.
General Partnership Company:
The partners with similar responsibilities and liability to the extent of their personal wealth, can come together to form a General partnership company in Bahrain. There should be at least two partners and there is no maximum limit for the number of partners in such a company.
Limited Share Partnership Company:
General Partners engaged in the managerial activities and with the liability extending to their personal wealth; along with the Limited Partners liable to the extent of their investment; can form a limited share partnership company. The business activities such as Banking, Insurance and Investments are not allowed for this type of business.
This type of company is formed by investors to gain managerial control over the subsidiaries, by investing more than 51 % of their capital share. As a subsidiary, holding company can form different types of businesses such as SPC, JPC or LLC.
Two organizations for entities working together on the common business objective can form a joint venture. This type of a company cannot enjoy the status of a legal entity. A Joint Venture can be dissolved on completion of the target, expiry of the contract or due to some other legal reasons.