Welcome! to Sydney Consulting

Types of CR

What is Commercial Registration (CR)?

Commercial Registration (CR) is a crucial requirement for any business operating in Bahrain. It is an official license issued by the Bahrain Ministry of Industry, Commerce, and Tourism, providing legal recognition to businesses and authorizing them to conduct their operations within the Kingdom.

Blog img

Benefits of Having a CR in Bahrain

  1. Operational Legitimacy
  2. Market Access
  3. Government Support
  4. Investment Opportunities

How to Obtain a CR in Bahrain

  1. Security Clearance
  2. Commercial Name Booking
  3. Register the Headoffice of the Company
  4. Prepare & Notarize The Memorandum
  5. Open Company Bank Account
  6. Activate The License

Renewal and Compliance

  1. CRs must be renewed annually
  2. Adhere to all regulatory requirements, including tax filings, employee registrations, and business activity updates.
Types of CR

Individual Establishment

Ownership allows unlimited liability, easy registration for small businesses, and full control over decisions, making it ideal for startups and personal assets.

Sijilli

Bahraini citizens can start small businesses from home with simplified licensing, enabling activities like freelancing, consultancy, online trading, and small-scale production without needing a commercial office space.

With Limited Liability (WLL)

Shareholders can own a company with limited liability, minimum capital requirements, and a board of directors. This flexible structure is common for SMEs and is taxed separately from the owners.

Foreign Branch

Bahraini branch ownership allows foreign companies to establish a presence without forming a separate local entity, operating as part of the parent company, engaging in similar commercial activities.

Bahrain Shareholding Company (BSC)

Public Shareholding Companies (BSCs) are publicly traded, while BSC Closed shares are privately held. They have higher capital requirements, limited liability, and strict management. They must adhere to Bahrain Bourse rules and maintain transparency.

Blog img