Company Registration Cost in Bahrain in 2023
Bahrain ranks high in the World Bank’s Ease of Doing Business Index, making it easier for businesses to start, operate, and grow in the country. It has a stable and business-friendly environment with a modern legal framework, low taxes, and a skilled workforce.
Bahrain has free trade agreements with the United States and other countries, providing businesses with access to a large customer base. These factors, along with the support of the government and a strong infrastructure, make Bahrain an attractive destination for companies looking to establish a presence in the Gulf region.
If you are intending to set up a company in Bahrain, then the company registration cost in Bahrain varies depending on the type of business and other factors such as legal fees, office space rental, and other miscellaneous expenses.
In this article, we will be discussing in-depth the various company registration cost in Bahrain. So, without any additional delay, let’s deep into it.
General Company Registration Cost in Bahrain
Bahrain has a diversified economy with a strong presence in industries such as financial services, tourism, and manufacturing, making it a suitable location for businesses from a range of sectors.
The company registration cost in Bahrain varies depending on the type of business and other factors, such as legal fees, office space rental, and other miscellaneous expenses.
On average, the total cost of registering a company in Bahrain can range from BHD 1,000 to BHD 5,000. It is recommended to consult with a financial expert from ODINT Consulting to get an accurate estimate of the cost of registering a company in Bahrain.
Company Registration Cost in Bahrain as per Various Entities
The company registration cost in Bahrain varies depending on several factors, including the type of firm being registered and the services required.
Here is a brief overview of the registration costs for different business entities in Bahrain:
- Sole Proprietorship: The cost of registering a sole proprietorship in Bahrain is low and typically ranges from BHD 100 to BHD 500.
- Limited Liability Company (LLC): The cost of registering an LLC in Bahrain ranges from BHD 1,000 to BHD 2,500. The exact cost will depend on the number of shareholders, the type of activities, and the capital structure.
- Branch Office: The cost of registering a branch office in Bahrain ranges from BHD 2,000 to BHD 5,000. The exact cost will depend on the size of the branch and the type of activities.
- Free Zone Company: The company registration cost in Bahraini at a free zone ranges from BHD 3,000 to BHD 10,000, depending on the type of business activities and the services required.
Other Expenses in Company Registration Cost in Bahrain
- Article and Memorandum of Association: BHD 100 (equivalent to around USD 265)
- Name-reservation of a firm: A firm name reservation normally costs between BHD 10 and BHD 20.
- Certificate of Commercial Registration: BHD 160 (equivalent to around USD 425)
Conclusion
Bahrain is located in the Gulf region, making it an ideal gateway for businesses looking to access markets in the Middle East, Africa, & South Asia. Additionally, the country has a stable political climate and a strong infrastructure.
The advantages of registering a company in Bahrain include a favourable business environment, a diversified economy, access to regional and international markets, and a high ranking in the World Bank’s Ease of Doing Business Index.
We can help you with any questions or concerns you may have about company registration cost in Bahrain. The professionals at Odint Consulting ensure that all of the information is appropriately provided.
FAQ’s
The average company registration cost in Bahrain can range from BHD 1,000 to BHD 5,000, including legal fees, office space rental, and other miscellaneous expenses.
The cost of registering a company in Bahrain can vary depending on the type of business and other factors, but it is generally considered to be affordable compared to other countries in the Gulf region.
The cost of registering a company in Bahrain is determined by factors such as the type of business, the size of the company, and the legal and professional fees involved.
Yes, it is necessary to have a physical office in Bahrain to register a company. The office must be located in the country and be approved by the relevant government agencies.
Yes, foreign nationals can register a company in Bahrain and own 100% of the shares. However, certain restrictions may apply, such as a requirement to have a local sponsor.
