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WLL Registration
in Bahrain

Looking forward to WLL registration in Bahrain? Let the Helpline Group guide you. We are the top company registration service providers who can help you with all the formalities. Read on to know all about the procedures and other details.

Bahrain is a small island country in the Persian Gulf that offers a favorable business environment for entrepreneurs and investors. One of the most popular types of business entities in Bahrain is the With Limited Liability (WLL) company, which is similar to a Limited Liability Company (LLC) in other jurisdictions. However, the rules for WLL registration and LLC registration are slightly different.

 

What is WLL registration?

WLL registration is the process of forming a WLL company in Bahrain. A WLL company is a legal entity that has its own assets and liabilities, separate from its shareholders. A WLL company can have one or more shareholders, who can be individuals or corporate entities, and who are liable for the company’s debts only to the extent of their share capital. A WLL company can engage in any lawful commercial activity, except for banking, insurance, and investment.

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What are the procedures of WLL registration?

The procedures of WLL registration in Bahrain involve the following steps:

    • Choosing a unique name for the company and obtaining a name reservation certificate from the Ministry of Industry, Commerce and Tourism (MOICT).
    • Preparing the Memorandum and Articles of Association of the company and getting them notarized by a public notary.
    • Submitting the application form and all the necessary documents to the MOICT for approval and issuance of a commercial registration certificate.
    • Registering with the General Directorate of Taxation (GDT) for tax purposes and getting a tax identification number (TIN).
    • Opening a bank account for the company and depositing the minimum capital requirement.
    • Registering with the Social Insurance Organization (SIO) for social security contributions and obtaining a social insurance number (SIN).
    • Obtaining any other licenses or permits that may be required for the specific business activity of the company.

Benefits of Starting a Business in Bahrain

Bahrain is an attractive destination for entrepreneurs and investors who want to start a business in the Gulf region. The country offers a favorable business environment, with a liberal and diversified economy, a strategic location, a skilled and bilingual workforce, a modern and efficient infrastructure, a stable and supportive government, and a vibrant and cosmopolitan culture. Bahrain also has a tax-friendly regime, with no personal or corporate income tax, no withholding tax, no capital gains tax, and no value-added tax (VAT). These benefits make Bahrain an ideal place to establish and grow a business in various sectors and industries.

Documents needed for WLL registration in Bahrain

The documents needed for WLL registration in Bahrain include:

    • A copy of the name reservation certificate from the MOICT.
    • A copy of the notarized Memorandum and Articles of Association of the company.
    • One copy of the passport or national ID card of each shareholder and director of the company.
    • A copy of the commercial registration certificate or incorporation certificate of each corporate shareholder of the company.
    • A letter from the bank confirming the deposit of the minimum capital requirement.
    • A copy of the lease agreement or ownership deed of the premises where the company will operate.
    • A letter from an auditor confirming the appointment as the auditor of the company.

How can the Helpline Group assist you?

Helpline Group is a leading business consultancy firm in Bahrain. We provide a wide range of services to help entrepreneurs establish and grow their businesses in Bahrain. Our services include WLL registration, LLC registration, visa assistance, accounting, and taxation services.

We have a team of experienced consultants who can guide you through the entire company registration process. We can help you choose a business name, prepare and submit the application, obtain necessary approvals, and obtain a commercial registration.

WLL company formation is a popular choice for entrepreneurs who want to start a business in Bahrain. The procedures are straightforward, and the benefits are numerous. With limited liability protection for shareholders and a favorable business environment, Bahrain is an attractive destination for SMEs and foreign investors.

If you need assistance with the W.L.L registration process or any other business-related services in Bahrain, Helpline Group is here to help. Our team of professional will guide and support you every step of the way. Contact us today to learn more about how we can assist you in establishing and growing your business in Bahrain. Call us at (+973) – 39 413 777 or (+973) – 17 413 777.