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Kingdom of Bahrain

Single Person Company (SPC) in Bahrain

What is a Single Person Company (SPC) in Bahrain?

As the name explains itself Single Person Company is owned by a single owner with the benefit of limited liability. In Arabic, it is written as شركة الشخص الواحد and pronounces as Shirka Al Shakhs Al Wahid. It is similar to Single Member Company (SMC) in other countries. 

According to Decree-Law No. 28 of 2020, amending some provisions of the Commercial Companies’ Law promulgated by Decree-Law No. 21 of 2001 that was published in the Official Gazette on October 1 of 2020 No. 3491, which states that S.P.C. registration type has been canceled, and it is now possible to establish a With limited liability company owned by one person. Click here for WLL Company formation in Bahrain

Features of a Single Person Company in Bahrain:

  • Number of Shareholders: 1
  • Liability: Limited
  • Regulated by Commercial Companies Law Bahrain
  • External Auditor: Required
  • Annual Accounts Submission: Required
  • Foreign Ownership: Allowed

Con’s of Single Person Company in Bahrain:

Single person company has only single owner who invests his money. As selling part of shares is not possible, this feature can become a hurdle in obtaining more funds for projects.

Read more about company formation in Bahrain:

Company Formation in Bahrain

Learn in details about Company Formation in Bahrain and its features.

WLL Company Formation in Bahrain

With Limited Liability Company formation procedure in Kingdom of Bahrain.

Business License Cost in Bahrain

Learn annual costs of a business license in Kingdon of Bahrain.

Businessman / Investor Visa in Bahrain

Are you looking for investor visa in Bahrain? Learn how to get an investor visa in Bahrain.

Get our service to establish a Single Person Company in Bahrain: