Reservation of a company name
Obtaining approval from the registrar by company name
Set of constituent documents
Preparation of a full package of constituent documents of the company of any form of ownership in accordance with the laws of the jurisdiction
Preparation of a full package of documents depending on the chosen form of ownership, communication with authorities on all matters during the registration
Legal address for 1 year
We provide a legal address for your company in this jurisdiction, eliminating the need to purchase or rent a property
Seal of the company
Registration of the company's seal in accordance with the laws of the jurisdiction
Opening of a bank account
Preparation of necessary package of documents and opening a bank account
In order to keep private information of the real owner of the company confidential it is useful to order a nominee director service. Nominee director has limited powers, so the owner of the company will have a full control over an incorporated enterprise
Virtual office and secretarial functions
In order to promptly respond on all inquiries incoming from the local businesses and authorities it is comfortable to have a local contact person
|Total cost||25300 EUR||27300 EUR||30300 EUR||31200 EUR|
|Cost of annual service (paid from the second year)||4500 EUR||4500 EUR||7500 EUR||8400 EUR|
|Accounting services||600 EUR||600 EUR||600 EUR||600 EUR|
|Choose your service |
and request an offer
Bahrain is offshore, attractive for foreign investors since it has no direct taxation. If a corporation is established in this state, neither its profit nor turnover will be taxed. To carry out business activities, it is most convenient to select the organizational and legal form of the company in the form of a limited liability company - WLL Company (With Limited Liability).
The main legislative act regulating corporate legal relations is the Law on Commercial Companies of 2001. Foreign legislation is quite loyal to foreign entrepreneurs. However, a normative requirement has been established, providing that a foreigner must necessarily have a resident co-founder. The latter usually deals with the actual management of the company, while its foreign partner ensures the financing of the case.
The opening of the company in Bahrain is a detailed procedure, consisting of consecutive stages.
There are several main stages:
In general, the whole process corresponds to the generally accepted world practice, therefore foreign investors usually do not face serious difficulties. However, it is necessary to take into account a presence of certain local features of the corporate legislation.
The second feature - only one person may be the founder of the company, but it will require an involvement of a manager from local residents. The formal appointment of a "silent partner" is also practiced to ensure compliance with the requirements of the Law.
The registration of a company in Bahrain requires a mandatory determination of the authorized capital amount, a clear indication of the terms and procedure for its payment. For WLL corporations, this amount is relatively small - the legislative minimum is 20,000 dinars, which is equivalent to just over 5,000 US dollars.
The timing of registration activities depends on the characteristics of each individual organization. On the average, the full procedure for LLC creation takes about 12 weeks, taking into account the need for bureaucratic procedures.
"Prifinance" company will help to open a company in Bahrain in a qualified and reasonable time. We offer our customers: