WLL Company Formation in Bahrain
What is a WLL Company in Bahrain
In Bahrain, WLL stands fro With Limited Liability. A WLL is like a Limited Liability Company (LLC) in other countries.
The following are the features of a WLL Company in Bahrain:
- Limited Liability.
- Possibility of foreign ownership.
- No restriction on the number of shareholders.
- No restriction on capital amount.
Benefits of a WLL Company in Bahrain.
By setting up a WLL company in Bahrain, you can sign up for the following advantages :
- 100% Ownership
- Investor Resident Permit
- Family resident permits
- No Corporate Tax
- No Tax on Exports
- No requirement for the local director.
- Access from the heart of the Gulf.
- Government support programs
- No Income tax
- Investor friendly policies
Document Required for WLL Company Formation in Bahrain
The following documents are required for WLL Company formation in Bahrain:
- Copy of Passport
- NOC (In the case of employees working in Bahrain
- Authorization letter or Power of attorney
- Office Address Agreement
- Company’s Memorandum of Association
- Capital Deposit Ceretificate.
4 Steps to start WLL Company in Bahrain:
WLL Company formation in Bahrain seems like a difficult task. After all, if you don’t have the required legal knowledge, it can be challenging to go through everything. Yet, with our professional services, everything can become easy.
As explained in 4 Easy Steps to Start Business in Bahrain in 2022, The following are the 4 easy steps to start your own WLL Company in Bahrain:
Step# 1: Choose the Business Activity
Step# 2: Choose The Business Name
Step# 3: Find a Suitable Business Location
Step# 4: Find an Experienced Consultant
The country of Bahrain is known for its prospective corporate world. As one of the leading countries in GCC, Bahrain has great potential not only for investment but also for an innovative business environment. Company formation in Bahrain is particularly easy for its streamlined regulations.
However, it is no surprise that people who are just starting their businesses might find it overwhelming to go through the entire process of company formation and business registration. This is why we are here to help. With our services, you can easily set up your business in Bahrain without any inconvenience. In this way, while you take care of other tasks, we can do the needful for you.
All you have to do is get in touch with us. Our consultants will sit with you, note down what you need, and come up with a plan accordingly. We have helped numerous clients in entering the corporate world. It’s your turn now.
Why choose PI Startup Advisory for WLL Company formation in Bahrain?
As the leading consultants for WLL company formation in Bahrain and registration, we work with clients to attain their vision. We have helped numerous local-funded, as well as foreign-funded businesses in lawfully registering their businesses. We serve as consulting specialists instead of generalists, so our clients can also build corporate strategies with us.
Here's how PI Startup Advisory help
PI Startup Advisory’s professional team of consultants and advisers will make business registration and company formation the easiest thing ever.
- Startup Advisory
- Representation before MOICT
- Approval From Municipality
- Drafting the Memorandum
- Notarization of Memorandum
- Opening the company’s bank account
Apply for WLL Company Registration in Bahrain:
Useful links
The brains behind the business
The skills and knowledge of our team make it possible to stay consistent with our promises. We ensure only the best lot is recruited, so we can deliver effective results for your business. We grow as our team grows.