Company Formation in Bahrain | 100% Foreign Ownership with PI Startup Advisory

The first requirement for company formation in Bahrain is obtaining Security Clearance.PI Startup Advisory prepares the necessary KYC (Know Your Customer) documents, ensuring all details meet regulatory standards. You’ll need to provide:

• Clear Copies of Passports
• Duly Signed KYC Forms
• Duly Signed Engagement Letter
• Authorization Letter

Once these documents are signed, we submit (copies of passports and authorization letters) to Bahrain’s Nationality, Passport, and Residency Affairs (NPRA) for approval. With our expertise, this process is completed quickly and efficiently.

In the second step of the company formation in Bahrain, your company needs a unique and compliant business name. We guide you in selecting a name that complies with Bahrain’s regulations while representing your brand. You’ll provide three name options, and we’ll submit them to the MOIC for reservation.

A Business name in Bahrain:

✅ Can include a personal name or a description of the business activity.

✅ Must be unique and not already registered.

🚫 Cannot be identical to an international brand, religious, political, or military term.

🚫 Should not contradict Bahraini laws and values.

We ensure your chosen name gets approved quickly so you can confidently move forward.

A registered office address is required for company formation in Bahrain. PI Startup Advisory offers two solutions:

Office Space Provided by PI Startup Advisory: We arrange an economical and suitable office space to meet legal requirements and your business needs. You just need to sign the tenancy agreement, and we will take care of the rest,

Self-Selected Office: We will handle the registration process if you prefer to select your office space. In this case, you will need to provide the following documents for approval:

• Office Photos (Pre-Approval)
• Lease Agreement (After approval)
• Electricity Bill (After approval)

Regardless of your choice, we will ensure your business complies with Bahrain's laws.

The deed of Association is an important document that details shareholder responsibilities, capital contributions, and company rules. PI Startup Advisory's legal team will prepare a legally sound deed that reflects your business structure and submit it to the MOIC for approval. Completing the deed of association is essential in securing your business’s legal existence in Bahrain.

Once approved, the Deed of Association is notarized through a private notary. PI Startup Advisory does this process, so you don't have to worry. Notarizing the Deed of Association does involve a few requirements:

• All shareholders must be present in person with their original passports.
• A power of Attorney (POA) must be provided if a shareholder cannot be present.
• Each shareholder's signature must match the signature on their passport.

After the steps mentioned above, we can add notarization to the items we can help you with. We have spent years developing the processes to ensure compliance without delays.

As per MOIC Resolution 43 of 2024, every company must have a corporate bank account to complete its registration. Our banking consultants can open a corporate bank account within 1-3 business days. We assist you in a swift bank account opening in Bahrain by selecting a suitable Bahraini bank. We will guide you through the account opening process.

Requirements to Open a Corporate Bank Account in Bahrain:

• Six-month bank statement with bank stamp on each page. (Exempt for British Banks).
• All shareholders must be physically present at the bank.
• Proof of income of each shareholder (business bank statements or salary slips).
• A business summary and financial projections.

With our help, this step will go smoothly for you, and remain compliant with the financial regulations.

In this final step, we take the notarized Deed of Association and the capital deposit certificate and submit both documents to the Ministry of Industry, Commerce, and Tourism (MOIC). Once they approve this setup, your business will be registered, and you can legally start your new venture in Bahrain. With this final step, the entire company formation process is now complete.