Company Formation IN BAHRAIN

90% of the process can be finished remotely with our knowledgeable assistance! Let us handle the paperwork so you can concentrate on expanding your company. Establish your business in the Gulf region with 0% income and corporate tax, along with 100% ownership. Benefit from advanced banking systems designed to meet all your business needs remotely.

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7 Simple Steps to Form a Company in Bahrain

In Bahrain, forming a corporation, also known as registering a company, is a multi-step procedure that requires getting consent from multiple ministries. Each ministry has specific requirements that must be met to successfully register a business.

Below is the updated procedure for company formation in Bahrain:

Step 1: Obtain Security Clearance
Step 2: Reserve a Commercial Name
Step 3: Register the Company’s Head Office
Step 4: Draft the Company Memorandum
Step 5: Notarize the Memorandum
Step 6: Open a Company Bank Account
Step 7: Obtain Final Approval from the Ministry of

Step 1: Obtain Security Clearance Approval

The first step in the company formation process is securing security clearance approval. The PI Startup Advisory team will prepare the initial KYC documents for the client to review and sign. Once signed, the team will submit the client’s IDs to the Nationality, Passport, and Residency Affairs (NPRA) in Bahrain for approval.
Required Documents:
Clear copies of passports
Signed KYC forms
Signed engagement letter
Authorization letter

Step 2: Reserve a Commercial Name

Choosing a commercial name for your firm is the second stage in Bahraini company formation. For review, you can submit three preferred name choices.
Guidelines for Choosing a Commercial Name:
The name can include a person’s full or partial name.
It can be an innovative or creative name.
It’s also okay to combine the aforementioned.
Restrictions:
The name cannot be a generic term like “Hospital,”“School,”or “Mechanical Workshop.”
It must avoid similarity to honorary names, emblems, or social organizations.

Step 3: Register the Company’s Head Office

After reserving the commercial name, Vizera Consultancy will assist in obtaining approval for the company’s head office address. This includes securing approval for the office, shop, workshop, or incubator commercial address.
Vizera Consultancy helps clients find the most suitable business location based on their specific needs and business requirements.
Documents Required to Register the Head Office:
Shop photos (for pre-approval)
Lease agreement (after approval)
EWA bill (after approval)

Step 4: Prepare the Memorandum of Association

The creation of the Memorandum of Association (MOA) and Articles of Association (AOA) is one of the most important phases in the business formation process.

At this stage, Vizera Consultancy drafts tailored clauses to align with the specific business structure and requirements. The draft memorandum is then shared with the client for review and confirmation. Once approved, the documents are submitted to the Ministry of Industry and Commerce (MOIC) for approval and further processing.

By ensuring accuracy and compliance, Vizera Consultancy streamlines this essential step, setting a strong legal foundation for your business in Bahrain.

Step 5: Notarize the Memorandum

The next step in the company formation process is notarizing the Memorandum of Association (MOA) through a public or private notary. Vizera Consultancy efficiently manages the entire notarization process on behalf of its clients, ensuring a smooth and hassle-free experience.
Requirements for Notarizing the Memorandum:
Physical presence of all shareholders.
If an attorney is signing on behalf of the shareholders, the original Power of Attorney (POA) is required.
All shareholders must present their original passports to the notary.
Shareholders will sign the Memorandum using their official passport signatures.
With Vizera Consultancy’s expertise, this step is completed promptly, ensuring compliance with legal requirements and advancing the company formation process seamlessly.

Step 6: Open a Company Bank Account

Opening a company bank account is a mandatory step in the company formation process in Bahrain. Vizera Consultancy assists clients in opening a corporate bank account with their preferred Bahraini bank and ensures a seamless capital deposit process.
Requirements to Open a Company Bank Account:

A bank statement covering the last six months of business activity, verified with the bank’s official seal on each page.
Physical presence of all shareholders at the selected bank branch.
Supporting documents proving the company’s source of income, such as business bank statements or employee salary slips.
A business summary outlining the company’s nature, scope, and a financial plan projecting expected revenue and expenses.

Step #7: Obtain Final Approval from MOIC

The final step in the company formation process involves submitting the notarized memorandum and bank certificate to the Ministry of Industry and Commerce (MOIC) for final approval. Once the MOIC reviews and approves the documents, your company formation is officially declared, and your business is recognized as a legal entity. This step is crucial for obtaining an active Commercial Registration, which serves as proof of your company’s legal status and allows you to commence operations.
For a seamless and hassle-free experience, rely on Vizera Consultancy. With expertise in business setup and compliance, we ensure your journey from documentation to final approval is smooth and efficient.

Features of a company's bank account
There is an online banking facility:yes
Several authorized signatories, either individually or together:Yes
Facility for International Wire Transfers: Yes
Trade Finance: In agreement
Some banks accept corporate debit cards, while others do not.
Several Currency Accounts: Indeed

Business for Foreigners in Bahrain

Businesses in Bahrain are 100% owned by foreigners! The following benefits are available to foreigners who own a business in Bahrain:

Easy closing within 2 years.

Investor Resident Permit

100% Ownership

Family Resident Permits

Govt Support for 1st 2 years

Employee Resident Permits

Business Visa in Bahrain

During the company registration process, Vizera Consultancy provides sponsored business visas to its clients, ensuring a smooth and hassle-free experience.

Requirements for Sponsored Business Visa:

A clear copy of your passport.
A copy of your resident ID.
A copy of your previous visit visa (if applicable).

With Vizera Consultancy, you gain access to expert guidance and reliable support, making your business setup process seamless and efficient.

Why choose Vizera Consultancy for Company formation?

Vizera Consultancy is an authorized service provider regulated by the Ministry of Industry and Commerce, Bahrain.

While the SIJILAT platform offers a streamlined application processing and approval system for investors, navigating the company formation process can be overwhelming for those just starting their business journey.

This is where Vizera Consultancy steps in to help. Our expert team specializes in business setup, making it easy for you to establish your company in Bahrain without unnecessary stress.

How We Support You:

Expert Guidance: Our consultants will discuss your goals and recommend the best organizational structure for your business.
Hassle-Free Process: We manage all aspects of company registration, ensuring a smooth and efficient process.
Proven Success: We have successfully assisted numerous local and foreign-funded businesses in lawfully registering in Bahrain.
Take the next step with confidence. Contact Vizera Consultancy today and let us help you establish your business in Bahrain, the thriving hub of the Middle East.

Why Bahrain

Advantages of Company Registration in Bahrain

Registering a company in Bahrain offers numerous benefits, making it an ideal destination for entrepreneurs and investors. Here are the key advantages:

100% Foreign Ownership: Enjoy complete control of your business without the need for local sponsorship.
No Corporate Tax: Maximize profits with a tax-free corporate environment.
No Income Tax: Benefit from a tax-free personal income structure.
No Third-Party Involvement: Direct and transparent processes ensure smooth business setup.
Strategic Location: Gain access to developed and emerging markets from the heart of the Gulf.
Businessman Visa: Obtain a visa to facilitate your business operations.
Work Permits: Secure employee visas easily for your workforce.
Exceptional Lifestyle: Enjoy a high standard of living with modern amenities.
Free Zones Everywhere: Take advantage of free zones for enhanced business opportunities.
Strong Currency: Operate in a stable economic environment with a robust currency.

Start your business in Bahrain and leverage its investor-friendly policies and strategic advantages to thrive in the global market.