Company registration in Bahrain

Name of service Bronze Silver Gold Platinum Brilliant
Checking and obtaining company name (CRB - Commercial Register of Bahrain) Checking the availability of the company name you have chosen and reserving it in the register
Preparation of a power of attorney for the founder Support in the preparation of a power of attorney for company registration
Signing of the foundation agreement (notarized) Assistance in concluding an agreement between the founders to create a company
Company registration, including state fees (W.L.L.) Preparation of all necessary documents, including payment of state fees, and submission to the relevant authorities
Contributing the authorized capital of the company Assistance in registering the authorized capital of your company for successful incorporation
Statutory documents of the company Preparation of a full package of constituent documents of a company of any form of ownership
Obtaining permission from the Ministry of Justice Support in the preparation and submission of all necessary documents for obtaining permission from the Ministry of Justice
Support in obtaining a license to carry out "Active CR" activities Support in the selection and obtaining of the necessary license to carry out business activities
Organization of medical examination Organization of medical examination at the Bahrain Clinic
Assistance in the process of receiving a work visa Collection, processing and submission of necessary documents for obtaining a work visa
Registration of an ID card of a resident of Bahrain Preparation and submission of a full set of documents of the founder for obtaining a Bahrain resident visa, including the production of an ID card
Support in opening a corporate account with the Bank of Bahrain (Kuwait Finance, Ahli United Bank, Al Salam Bank, Bank of Bahrain and Kuwait (BBK) Preparation of documents of the company and the founder to submit an application to the Bank of Bahrain. Personal support at the bank when opening an account
Support in opening a personal account in the Bank of Bahrain Collection, registration and submission of the necessary documents to open a personal account in the Bank of Bahrain
Provision of a secretary for 1 (one) year Provision of a local secretary (if necessary) for 1 (one) year
Provision of real office space, including a lease agreement Proof of the location of the real office space, including the preparation of a lease agreement
Free consultation We offer a free consultation where you can discuss your needs and questions regarding the registration and management of the company. Our experts will be happy to help you understand the process and provide recommendations based on your situation. We will be happy to answer your questions and help you make an informed decision regarding the necessary services
Total cost
5500 USD 9500 USD 12500 USD 15400 USD 25000 USD
Provision of a legal address for 1 (one) year
1800 USD 1800 USD 1800 USD 1800 USD 1800 USD
Remote opening
900 USD 900 USD 900 USD 900 USD 900 USD
Submission of the annual audit
2500 USD 2500 USD 2500 USD 2500 USD 2500 USD

Deal of the month

If you will register a company until June 30,
opening a bank account is for FREE

6 easy steps to get started
  • 1

    Select your
    preferred jurisdiction

  • 2

    Choose a bank
    that meets your
    company's needs

  • 3

    Pay for our services
    using a convenient
    payment method

  • 4

    Receive all necessary
    corporate documents

  • 5

    Receive details
    for your newly opened
    bank account

  • 6

    We'll deliver the original
    documents directly
    to you

The Kingdom of Bahrain is a country that consists of 33 islands. But, a convenient geographical position is not the last thing that may be interesting to foreign investors. Even if this country is rich in mineral resources, it strongly encourages the development of many other sectors of the economy: tourism, e-commerce, FinTech, financial services, wholesale and retail, etc. If you are interested in exploring local business opportunities, your interest may be realized in one of these forms available for doing business in this jurisdiction.

Major Forms of Legal and Business Presence

If you intend to register a company in Bahrain, the following options are available:
  • Public Shareholding Company – a company that should consist of two partners at least who risk loose within the contributed amounts (value of shares owned) only. The chartered capital of this entity should be at least 1 million BD. It is required to appoint an auditor for such a company who should prepare an annual report about the result of this entity's operation. External borrowings and offerings shares to the public are allowed for this type of corporate entity.
  • Closed Shareholding Company – a corporate entity that doesn't offer its shares to the public but distributes such among its subscribers (at least two persons). Each shareholder is liable within the number of shares owned only. The minimum share capital for this type of entity shall be at least 250,000 BD.
  • Limited Liability Company – a body corporate that should have not more than 50 partners who are not liable in excess of the amounts contributed to such an entity. This entity is simple to establish and operate. It doesn’t require a minimum share capital to be formed. At least two partners are necessary to found this entity. There are certain restrictions concerning the allowed types of activities, like banking, insurance, and investment.
  • Joint Liability Company – a corporate entity that should consist of two persons at least who bear unlimited liability for the results of the entity's operation. Their personal funds also may be called for covering potential losses of the enterprise.
  • Limited Partnership Company – a corporate entity that should consist of (i) at least one person who bears the unlimited liability for the results of the company's operation, and (ii) at least one partner who is liable within the contributed amounts only and is not involved in the managerial activities.
  • Foreign Branch – an option suitable for a foreign company that is registered and licensed for doing business in the country of its origin. It is allowed to conduct in Bahrain the same types of business activities as abroad.
  • Representative Office – is an option suitable for a foreign entity too. It is cost-effective but it doesn’t allow to do business in Bahrain limiting the scope of activities to marketing and promotion only.

Registration Requirements and Steps

Company incorporation in Bahrain is related to these approximate registration steps:
  1. Definition of the activities scope (not all industries are open to foreigners).
  2. Selection of the name of the future enterprise - it should not repeat already registered trademarks and brands.
  3. Collecting details about the entity’s shareholders – there may be certain restrictions on a range of shareholders.
  4. Appointment of company directors.
  5. Formation of the authorized capital of the company.
  6. Development of a memorandum of association and the charter of a limited liability company - with the prior approval of these documents by the Ministry of Commerce.
  7. Opening a settlement account and obtaining a certificate of bank deposit.
  8. Filing an application for the registration of the company together with an accompanying package of documents.
  9. Registration for tax and social security purposes.
  10. Obtaining additional licenses and permits (required for certain regulated types of activities).
Each concrete incorporation case may vary depending on the background. Contact Prifinance lawyers for more precise information on the investigated matter.

Legal and Regulatory Framework

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. Bahrain is a jurisdiction attractive to 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. One person may be the founder of the company, but it will require the 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. The timing of registration activities depends on the characteristics of each individual organization. On average, the full procedure takes about 12 weeks. 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 the presence of certain local features of the corporate legislation.

Tax System of Bahrain

An option of company formation in Bahrain should be assessed along with these basic tax highlights:
  • Corporate income tax rate – (i) oil corporations – 46%, (ii) other corporations – 0%
  • Personal income tax rate – not applicable (N/A)
  • Value-added tax rate – 5%
  • Withholding tax rates – (i) dividends – N/A (ii) interests – N/A (iii) royalties – N/A
  • Capital gains tax rate – (i) corporate – N/A (ii) personal – N/A

Advantages of the Jurisdiction

Company registration in Bahrain may be a promising deal in view of the following advantages that this jurisdiction offers:
  • Plenty of signed free trade agreements and treaties with different states and international organizations (including the World Trade Organization, the International Monetary Fund)
  • Lots of tax exemptions
  • Highly-developed financial sector
  • Many incentives for foreign investments

How Prifinance Specialists May Help You

Prifinance company will help to open a company in Bahrain in a qualified manner and reasonable time. We offer our customers:
  • full legal, accounting, and advisory support at all stages of the process;
  • individual approach;
  • professionalism;
  • ensuring confidentiality.
We offer prompt company registration and bank account opening services in Bahrain and worldwide. New registration and ready-made options. Provide extensive details for more precise consultations and suggestions that can be effective for your future project.

Cooperation

Our clients

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I NI N
10:31 20 Mar 24
Collaborated with the company for 3 years. I can’t say that everything was smooth from the point of view of organizing the work; there was confusion in the structure of the work, etc. But I’ll specifically highlight employee Lyubov Malinowski, she very diligently corrected all errors and was in touch at the right time, her help was significant in all processes and she approached all issues precisely. I would like to separately highlight the moment when she solved the problem at her own expense, which speaks of the person’s professionalism and increased responsibility.
K NK N
11:40 01 Mar 24
As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly and securely.But that's not all. We had a slightly time-sensitive situation when it came to changing the beneficiary details on our account. Prifinance stepped up to the plate and handled everything quickly and professionally.It's not just about getting the job done. It's about how Prifinance does it. They're all about making complex financial matters simple and accessible for companies like ours. Plus, their team, especially Liubov Malinowski, has been nothing short of fantastic to work with - professional, timely and always on the ball.In short, FewMoreTaps OÜ wholeheartedly endorses Prifinance OÜ. Whether it's opening bank accounts remotely or navigating the financial legalities of running an international business, these guys have got your back. A big thank you to the entire Prifinance team for their first class support and expertise.Here's to more collaborations in the future!Best,Kiryl Nest
Mina KedisMina Kedis
18:10 23 Feb 24
I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia
Róbert KnapecRóbert Knapec
15:08 22 Feb 24
We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.
Anna AnnaAnna Anna
13:33 07 Feb 24
I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license stress-free!
Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and instructions clearly and neatly. No misunderstandings!Honestly, I expected opening a Swiss bank account to be complex and time-consuming, but thanks to Prifinance, I felt like a professional financial expert. Thank you for making this process so easy and enjoyable!
Maria Jose SantomeMaria Jose Santome
20:39 13 Dec 23
I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!
Valon StatovciValon Statovci
12:43 27 Nov 23
I used Prifinance to help me with a new corporate structure. The team were helpful and communicated well from the initial onboarding with Daniel to case handling by Karmen. They also responded to additional requests post incorporation very quickly, Thank you and would work with them again
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