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| Bahrain Business Set Up | |||||||
Many different forms of corporate entity are available to foreign investors choosing Bahrain business set up. The following is an overview of the different business entities, as well as general information related to Bahrain Business Set Up. | |||||||
| 1. |
Bahrain has signed several bilateral trade and economic agreements with around 43 countries, including Singapore, China, India and France amongst others. Additionally in 2004, it signed a free trade agreement with the United States. With respect to the Middle East, Bahrain provides complete access to the Middle East and the Gulf Cooperation Council(GCC) states. As far as Bahrain is concerned, there are no restrictions as to where a Bahrain Company may operate, making Bahrain business set up an ideal choice for todays entrepreneur.
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| 2. | Bahrain business set up is also feasible due to Bahrain being a highly reputable trading jurisdiction, and known as being the freest economy within the Arab Free Trade Zone. Furthermore it is competing with Malaysia to be the largest Islamic banking hub, and to this end it provides many unique incentives to investors. | ||||||
| 3. |
Bahrain allows for 100% foreign ownership of Bahrain Exempt Companies provided they are engaged in the technology, tourism, manufacturing, consultancy or industrial industries. Highly specialised sectors such as scientific laboratories are also included in this. However restrictions on such companies do exist if they are involved in real estate services, press and publication, film services or the transportation business and commercial sectors. Joint share companies, or Limited Liability Companies still require 51% shareholding by Bahraini nationals in all sectors. Foreign companies are also allowed to own real estate and land in Bahrain.
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| 4. |
Bahrain has signed no double taxation agreements with other countries to support Bahrain company formation.
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| 5. | Companies in Bahrain are not subject to any corporate tax, with the exception of those operating in the Oil Industry. Additionally, there is no personal income tax, withholding or value added taxes. Another incentive Bahrain offers to encourage business set up in Bahrain is 100% customs duty exemption on capital goods and goods for re-export, raw materials and manufacturing amongst other things. For a full list, please refer to Bahrain Company Set Up. | ||||||
| 6. | There are no financial restrictions for companies in Bahrain. Free movement of capital, profits or dividends is a financial advantage in Bahrain.
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| 7. | For additional information on a Bahrain business set up, purchase our Asia Business Setup book, contact email@healyconsultants.com or call us in Singapore at (+65) 6735 0120. | ||||||
| More information | |||||||
For more detailed information on how establishing a company in Bahrain please refer to Healy Consultants' Asia Business Setup guide. | |||||||
| Contact Us | |||||||
For further information on how establishing a company in Bahrain, email email@healyconsultants.com or call us in Singapore at (+65) 6735 0120.
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