The Bahraini Ministry of Industry and Commerce unveiled Sijilat 3.0 in August 2023. This upgraded technology has sped up, simplified, and streamlined the company formation procedure. Sydney Consulting, revised its advice on company formation to take into account the most recent modifications and specifications. The removal of the requirement for a Power of Attorney in Bahrain business is one of the major modifications.
1. Clear copies of passports
2. Duly signed KYC forms
3. Duly signed Engagement letter
4. Authorization letter
The guidelines for selecting the company's commercial name are as follows:
1. The business name can be a person’s name.
2. The business name can be a part of a person’s name.
3. The business name can be a an innovative name.
4. The business name can be a a combination of above mentioned.
5. The business name may include the description of business activity.
6. The name must be unique and must not have been registered already. It must not be similar to an existing business.
After the name reservation, the Sydney Consulting team will:
1. Apply for the Company’s Head Office Approval
2. Assist in Finding a Suitable Business Place
3. Requirements for Head Office Registration
Sydney Consulting team drafts a memorandum of association and Articles of Association, which are then shared with clients and submitted to MOIC for approval.
The company's Memorandum (Deed of Association) must be notarized according to the following requirements:
1. Physical Presence of Shareholders:
2. Power of Attorney:
3. Shareholders must present their original passports
4. Shareholders must sign the Memorandum
1.Bank Statement
2. Physical Presence of Shareholders
3. Supporting Documents
4. Business Summary
The notarized memorandum and bank certificate are submitted to MOIC for final approval, confirming the official declaration of your company formation.
Regulated by the Ministry of Industry and Commerce Bahrain.
Sydney Consulting helps you set up your business in Bahrain without inconvenience.
Focus on other business tasks while we manage the registration process.
We helped numerous local and foreign-funded businesses lawfully register in Bahrain.
Company registration in a foreign country is a tedious task. We at Sydney Consulting can help you establish your business in Bahrain. We provide company formation services that are tailored to your needs. Our recognized expertise within Bahrain's legal and business landscapes ensures that the company set-up and incorporation process is handled effectively. We guarantee full compliance with the law throughout the process. With Sydney Consulting, you'll be opting for an able team of professionals proficient in every bit of the registration and business development process in Bahrain.
From the very first appointment, through the whole process until your company is fully registered, we'll be by your side. Our people work hard to make things simple so you can concentrate on making a profit.
At Sydney Consulting, we go beyond just advising you on how to form a business; we help you develop one. Business formation coaching services help you along the way at the start of your business.
Whether you're launching a startup or expanding an established business into Bahrain, our HR consulting services help you identify new opportunities in the Bahraini market with confidence. We work together to develop a business plan tailored to your brand's key objectives and market conditions.
Bahrain's commercial registers facilitate the registration of businesses, offering a practical and investment-friendly environment. With 0% Corporate & Income Tax, setting up an offshore company is easy. The country's new commercial registers system (SIJILAT) offers a one-window application process, making it an attractive choice for local and foreign investors, including startups, to establish their businesses in Bahrain.
The country offers 100% foreign ownership, no corporate or income tax, no third-party involvement, access to developed and emerging markets, businessman and employee visas, exceptional lifestyle, free zone, and strong currency.
The liberal market policies of Bahrain attract investors to its shores, therefore making it a perfect place for business.
Key Location: As a GCC country, Bahrain serves as a gateway to the major markets in the Middle East. A perfect location for any business wishing to access markets within this region, we offer business development to make sure that you exploit the strategic advantages that Bahrain has to offer.
Tax Benefit: Bahrain's structure of taxation is such that most businesses do not become eligible for corporate tax altogether; as a consequence, the profitability moves up. Our business strategy consulting is going to make sure that you realize this advantage.
Skilled Labour Pool: Bahrain is well endowed with a skilled labor pool, and hence it becomes easy to get the talent a business is always yearning for in its quest to grow. Our business coaching services help you draw and employ the right personnel.
Infrastructure and Business Support: Bahrain boasts world-class telecommunications, logistics, and financial services. Our business advisory services should make the best use of the available infrastructure.
Sydney Consulting provides the best services in company formation in Bahrain, with the whole process made ideal, fast, and compliant. Business Registration, Strategy Consulting, and Management Consulting: With a solemn promise, we ensure your very entry into the business soils of Bahrain is as smooth as possible. Get started with us to maximize your business potential in Bahrain.
Individual Establishment (Sole Proprietorship)
Single Person Company (SPC / Single Member Company)
Bahraini Partnership Company (BPC / Partnership Company)
With Limited Liability Company (WLL / Private Limited Company)
Limited Partnership
Bahraini Shareholding Company ( BSC / Joint Stock Company)
Branch of a Foreign Company
Bahrain has signed five free trade agreements with 22 countries, aiming to enhance business opportunities and decrease trade barriers.
Greater Arab Free Trade (GAFTA) US-Bahrain FTA
GCC Free Trade Agreement
GCC-Singapore FTA (GSFTA)
GCC-EFTA Agreement
Personal presence
Bank statements for the last six months
Commercial registration (CR) copy
Authentic identification Docs
Account opening letter
Capital amount
Typical 40-45 working days.
Company formation can be done virtually, but personal presence is required to open a company bank account.
Passport Copy.
NOC (For employees in Bahrain only).
Power of Attorney or E-key.
Office Address (Electricity Account).
Memorandum of Association.
Capital Deposit Certificate
