Company Formation in Bahrain: Simplified Online Application Process
Are you considering establishing your business in Bahrain? Look no further! Our streamlined process for company formation ensures a hassle-free experience. Whether you’re a local entrepreneur or a foreign investor, Bahrain offers an attractive environment for business growth. Let’s dive into the details:
1. Choose the Right Structure: WLL (With Limited Liability)
- WLL (With Limited Liability) is the preferred structure for foreign investors entering the GCC market. Similar to LLCs in other countries, it provides limited liability for shareholders.
- Governed by the Commercial Companies Law of Bahrain, WLL meets international standards.
- Investors setting up WLL companies are eligible for investor resident permits.
2. Why Choose PI Startup Advisory?
Setting up a business involves navigating various ministries and approvals. Our dedicated team at PI Startup Advisory simplifies the process for you:
- Expert Guidance: Our consultants discuss your business goals and recommend the best organizational structure.
- Time-Saving: Focus on core business tasks while we handle the paperwork.
- Local and Foreign Businesses: We’ve assisted numerous businesses in lawful registration within Bahrain.
3. COVID-19 and Business Registration in Bahrain
Despite global challenges, Bahrain remains resilient. The government, supply chain firms, and IT giants collaborated to keep Bahrain open for business. Now is the time to seize opportunities in the Middle East hub.
4. 7 Simple Steps for Company Formation
We have revolutionized the business registration process in the follow simple steps:
- Security Clearance: We will submit your passport to NPRA for security clearance approval
- Name Reservation: We will get approval from MOIC for your desired commercial name.
- Office Registration: We will provide you with a suitable address solution.
- Drafting the Deed: We will draft the Deed of your company per Bahrain Commercial Companies Law 2001
- Notarization: We will assist you in the notarization of Company Incorporation Documents
- Bank Account: We will help you in successfully open a corporate bank account for your company.
- Final Approval: We will get final approval from MOIC to declare the company officially.
5. FAQs
- Can a foreigner open a company in Bahrain? Yes, foreign investors are welcome to establish businesses in Bahrain.
- How long does company formation take? Normally it takes 13-25 working days
- Can company formation be done online? Yes, PI Startup Advisory offers electronic registration procedures.
- What are the requirements? A copy of passport, Service Request Form and 6 months bank statements.
- Resident Permits (Visas): Each Investor will be awarded with Investor residency. Initially, 2 employee work-permits will be allowed.
Ready to embark on your business journey in Bahrain? Fill out the following form to apply Online: