Bahrain introduced the value-added tax starting with January 2019 and it is the third country from the six member states of the Gulf Cooperation Council to implement this tax. The Unified VAT Agreement signed by the GCC members made it mandatory for these jurisdictions to implement this type of tax, in a…
Taxation in Bahrain is very light due to the fact that there are no taxes on income, nor on sales or transfers, except for companies involved in two selected business fields. Company formation in Bahrain is a simple process, one of the many reasons why foreign investors choose to set up business…
Successful companies have an optimized business strategy that includes and integrates employees, technology, assets, risk assessment and a number of other issues. Continuous adaptability to the company’s changing needs as well as a focus on both the internal and the external necessities is important. This is why a good management plan as…
Muharraq is the third-largest city in Bahrain and it was the capital of the country until 1932 when it was replaced by Manama. It has a rich history and it currently holds the headquarters of the Civil Aviation Affairs as well as those of the Gulf Air, the flag carrier of…
Investors who are interested in company formation in Bahrain can choose to open a company in Riffa. This is the second-largest city in Bahrain and its population is Sunni Arab. Two main areas make up the city: East Riffa, where there are several attractions and an important shopping district and West Riffa, which…
Bahrain introduced the value-added tax starting with January 2019 and it is the third country from the six member states of the Gulf Cooperation Council to implement this tax. The Unified VAT Agreement signed by the GCC members made it mandatory for these jurisdictions to implement this type of tax, in a…
Manama is the capital city in Bahrain and the largest urban center in the nation. It has a long history as being a hub for international trade and today is it a testimony of the country’s rich cultural heritage. The city has a diverse population and it is the economic center…
The holding company in Bahrain is incorporated for the purpose of owning shares in other companies either in Bahrain or abroad. It does not engage in commercial activities, it does not provide goods or services. The types of assets owned by a holding company can be shares in other corporations as well…
A liaison office in Bahrain, also known as a representative office, is used for conducting marketing operations as well as a number of other non-commercial operations. This form is usually the initial one before companies open branches or subsidiaries in Bahrain and it is used solely for establishing a presence on…
The Kingdom of Bahrain consists of the Island of Bahrain and the small archipelago surrounding it. The investment opportunities here abound, despite an ongoing focus and reliance on the oil and gas sector. The Government is keen on attracting foreign investors and a number of business sectors, including the financial…