Steps to Register a Company in Bahrain
1. Determine Business Activity
Identify the business activity start a business in Bahrain as it will affect licensing and regulatory requirements.
2. Choose Business Structure
Select the appropriate legal structure based on the scale and ownership.
3. Reserve Company Name
Submit a company name application through the Sijilat portal.
4. Submit Incorporation Documents
Prepare and submit the required documents, which typically include:
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Passport copies of owners and directors
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Proof of address
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Memorandum and Articles of Association
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Business plan (for certain sectors)
5. Obtain Commercial Registration (CR)
Register with the Ministry of Industry and Commerce (MoIC) to obtain the CR.
6. Get Sector-Specific Approvals
Some industries require additional approvals (e.g., healthcare, education, finance).
7. Open Corporate Bank Account
A bank account must be opened in Bahrain under the companyβs name.
8. Register for Taxes and Labor
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Register with the National Bureau for Revenue (NBR) if VAT applies
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Register with the Labor Market Regulatory Authority (LMRA) to hire employees
Timeframe and Costs
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Timeframe: Typically 2 to 4 weeks, depending on the business activity and approvals required.
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Costs: Vary depending on the type of license and structure, but generally range from BHD 1,000 to BHD 5,000 or more, including legal, government, and setup fees.
Key Regulatory Bodies
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Ministry of Industry and Commerce (MoIC) β Business registration
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Sijilat Portal β Online platform for CR services
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Labor Market Regulatory Authority (LMRA) β Employment regulations
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National Bureau for Revenue (NBR) β VAT and tax-related matters
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Economic Development Board (EDB) β Investment and advisory support
Conclusion
Registering a company in Bahrain is a streamlined and transparent process designed to attract local and foreign investment. With its pro-business environment, low tax regime, and access to regional markets, Bahrain is an excellent choice for entrepreneurs and corporations looking to expand in the Middle East. Whether you are launching a startup or opening a regional branch, Bahrain provides the tools, resources, and regulatory support to help your business thrive.