Cryptocurrencies are used more and more often, and as such many countries create dedicated laws for digital asset-related operations. This is also the case in Bahrain in which it is possible to open a cryptocurrency company and obtain a crypto asset service provider license. Below, our company formation agents in…
Company liquidation in Bahrain is primarily regulated by the Company Law. Partially, it is also covered by the Bankruptcy Code which was recently amended. Closing a business in a Middle Eastern country follows specific steps that are detailed below. Our Bahraini company formation agents explain how you can wind up…
Those who plan to immigrate to Bahrain from Australia need to complete certain formalities. They are connected to the duration of stay. This means that in case of prolonged stays, obtaining a Bahraini residence permit is also required. If you plan to move to Bahrain from Australia and need support,…
One of the most common questions about buying a property in Bahrain is if this option is available for foreigners. The short answer is yes, foreigners can buy flats and villas in Bahrain. However, there are also a few conditions to respect when it comes to overseas people interested in…
The appointment of a fiscal representative for non-resident companies is mandatory in Bahrain, and optional for other businesses and people supplying VAT-taxable goods and services. The National Bureau of Revenue (NBR) is in charge of the authorization of such representatives. Below, our company formation agents in Bahrain have created a…
The special purpose vehicle or SPV is a company set up in a manner that the assets are isolated from the parent company’s main activities with the intention of avoiding the latter’s financial integrity. It is possible to open a SPV in Bahrain in accordance with various laws, among which…
Entrepreneurs and company owners who want to set up businesses in Bahrain and hire staff must be familiar with the country’s payroll laws and regulations. Employers must put all of their employees on the firm payroll after business operations have begun in Bahrain in order to adhere to labor laws…