"The FAQ Repository on vizeraconsultancy.com serves as a valuable tool for businesses and individuals seeking clarity on Commercial Registration (CR) processes in Bahrain. This section is designed to answer frequently asked questions, providing detailed explanations about CR ownership, regulations, penalties for violations, and how to address commercial concealment issues. Whether you're looking to understand the legal framework or seeking guidance on how to rectify any violations, the FAQ Repository offers easy-to-access, up-to-date information to ensure businesses stay compliant with Bahrain's laws and regulations."
FAQ Repository
CR Bahrain
In Bahrain, CR stands for Commercial Registration. It is a mandatory requirement for all businesses operating in the Kingdom.Commercial Registration (CR) is the official authority issued by the Ministry of Manufacturing, Commerce, and Tourism (MOICT). It serves as proof that a business is legally registered and permitted to operate within Bahrain.
Why is CR Important?
- Mandatory for Businesses: All businesses must obtain a CR to legally conduct activities.
- Issued by MOICT: Successful applicants receive a CR certificate from MOICT.
- Enables Operations: A valid CR allows businesses to commence their registered activities.
What is Commercial Concealment?
Commercial concealment refers to the illegal practice of renting a Commercial Registration (CR). This allows a non-Bahraini to engage in activities they are not legally permitted to practice. For instance, renting a construction CR to a non-Bahraini in exchange for a monthly fee constitutes commercial concealment. This practice disrupts market stability, creates unfair competition, and leads to overcrowding in investments.
How We Can Help
Let our expert team assist you in submitting your ESR report and avoiding or removing any offenses linked to your CR.
Our services include:
✓ Expert Consultancy
✓ Representation before MOICT
✓ ESR Report Submission
✓ Offense Removal Assistance
✓ Comprehensive Report Preparation
We ensure the accurate update of records with the Ministry of Industry & Commerce, guaranteeing the legitimacy and compliance of your business changes.
Partnership in Bahrain Company
A Partnership in Bahrain Company operates similarly to a general partnership in other countries. It requires a minimum of two shareholders, with their liabilities extending to their personal assets. This type of company must appoint representatives and, depending on the business activities, can be 100% foreign-owned.
Simple Commandite Company
A Simple Commandite Company resembles a Limited Partnership. It includes one or more silent partners with limited liability and one or more managing partners with unlimited liability, extending to their personal assets. Silent partners cannot participate in management decisions, while managing partners have full control over operations and decision-making.