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…
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. It is used solely for establishing a presence on the…
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…
Foreign investors may set up a subsidiary in Bahrain for the purpose of expanding their international business to this area. The subsidiary and the branch are both forms of establishing a foreign business in this location; however, there are important differences between them, mostly in terms of the foreign company’s liability towards…
Foreign companies looking to establish their regional headquarters can open a branch in Bahrain. This is a business form that is best suited for companies in fields such as financial services but it can also be used to establish the presence of a company in a different business field. The Bahrain branch will…
The Commercial Companies Law is the one that governs the formation of corporations and other business forms in Bahrain. It sets forth the types of companies that can be incorporated, their characteristics, the duties of the company founders, the company’s capital as well as management principles and the manner in which a…
Investors who are interested in company formation in Bahrain can choose between several legal structures, with the corporation being the primary business vehicle used in this country. The Commercial Companies Law provides for the formation of types of companies, which are differentiated according to the liability of the investors, the permitted number…
The Company Register in Bahrain functions under the Ministry of Industry, Commerce, and Tourism and it is the authority in charge of receiving company registration applications, processing them and issuing the corresponding certificates to businesses. Investors who wish to perform certain company changes will also submit their requests to this registry…
Investors who are interested in company formation can work with our team of accountants in Bahrain from the start of their business operations. Accounting and financial management is an important part of the general compliance regulations applicable to companies in Bahrain. Failure to keep up-to-date financial accounts or to submit the annual returns results in fines…
