Company Formation IN BAHRAIN – 2025
7 Simple Steps of Company Formation in Bahrain
Company formation in Bahrain also called company registration in Bahrain is a multi-step process and involves the approval of various ministries. Each ministry has its requirements, and a company has to meet those requirements for successful business registration.
Following is the new procedure for company formation/registration in Bahrain in 2025:
- Step #1: Security Clearance
- Step #2: Reserve Commercial Name
- Step #3: Register the Headoffice of the Company
- Step #4: Prepare Memorandum of the Company
- Step #5: Notarize the Memorandum
- Step #6: Open Company Bank Account
- Step #7: Get Final Approval from MOIC
Step#1: Security Clearance
The first step to company registration in Bahrain is Security Clearance. The Holiday Travel Advisory team will draft the initial KYC documents for the client to sign. After getting the signed documents, the Holiday Travel Startup Advisory team will send the client’s IDs to Nationality Passport and Residency Affairs Bahrain for approval.
The following are the required documents at this step:
- Clear copies of passports
- Duly signed KYC forms
- Duly signed Engagement letter
- Authorization letter
Provide us 3 proposed commercial names as following:
First Priority: Proposed Commercial name No.1
First Priority: Proposed Commercial name No.2
First Priority: Proposed Commercial name No.3
Step #2: Reserve Commercial Name
The second step of the company formation in Bahrain is to reserve the commercial name of the company. You can provide us three proposed commercial names according to your preference. Following are the rules and regulations for choosing the commercial name of the company:
✓ The business name in Bahrain can be a person’s name.
✓ The business name can be a part of a person’s name.
✓ The business name can be an innovative name.
✓ The business name can be a combination of above mentioned.
✓ The business name may include a description of the business activity.
✓ The name must be unique and must not have been registered already.
✓ It must not be similar to an existing business.
✖ The name should not consist of a common word Only. Such as Mechanical Workshop, Hospital, School, etc.
✖ It must not contradict the undertaken business activities.
✖ It must not contradict local laws & values.
✖ It should not be the same as an internationally known company.
✖ It should not reflect any religious, political, or military affiliations.
✖ It should not be similar to any honorary name, emblem, or social organization.
✖ It should not be a translation or imitation of reputable marks, brands, or third parties.
Step #3: Register Head office of The Company
Company registration in Bahrain requires a physical office address that aligns with your business activity. You have two options to fulfill this requirement:
1. Office Solution Provided by Holiday Travel Advisory: Our team will offer a tailored office solution that perfectly matches your business needs, ensuring a seamless registration process.
2. Self-Selected Office: If you prefer to select your own office space, we will handle the registration process for you. In this case, you will need to provide the following documents for approval:
✔ Office Photos (Pre-Approval)
✔ Lease Agreement (After approval)
✔ Electricity Bill (After approval)
Rest assured, the Holiday Travel Advisory team is here to support you in finding the most suitable office solution for your business.
Step #4: Drafting Deed of Association
The most important part of the company formation process in Bahrain is preparing the Deed of Association. The Holiday Travel Advisory team drafts suitable clauses to meet the specific business structure requirements. Once the draft is completed, the documents are submitted to the Ministry of Industry, Commerce, and Tourism (MOIC) for approval and further processing. This step is crucial for the successful company registration in Bahrain.
Step #5: Notarize the Deed of Association
The next step in the company formation process in Bahrain is notarizing the Deed of Association from a public or private notary. Holiday Travel Advisory team manages the entire notary attestation process for their clients, ensuring a smooth company registration in Bahrain.
For the notarization of the company’s Memorandum (Deed of Association), the following requirements must be met:
- The physical presence of the shareholders is mandatory for company formation in Bahrain.
- If an attorney is signing the documents, the original Power of Attorney is required.
- All shareholders must present their original passport to the notary for the company’s registration.
- All shareholders are required to sign the Memorandum using their Passport Signature, a crucial step in setting up a company in Bahrain.
Step #6: Open Company Bank Account
As per MOIC Decision 43 of 2024, opening a bank account in the company’s name is mandatory for company formation in Bahrain. The company’s bank account is opened in a chosen Bahraini bank, and the capital amount is deposited. Above is a sample of a capital deposit certificate.
Requirements for opening a company bank account in Bahrain:
To open a company bank account in Bahrain, you need to provide the following documents and meet the conditions:
- A bank statement in English language covering the last six months of your business activity, with a bank seal on each page to verify its authenticity.
- The physical presence of all shareholders of your company at the bank branch where you intend to open the account.
- Supporting documents that demonstrate the source of income for your company, such as business bank statements or salary slips from your employees.
- A business summary outlining the nature and scope of your business, along with a financial plan projecting your expected revenue and expenses.
Step #7: Finalizing Company Registration in Bahrain with MOIC Approval
In the final step of company registration in Bahrain, the notarized memorandum and bank certificate are submitted to the Ministry of Industry, Commerce, and Tourism (MOIC) for final approval. Once the MOIC grants approval, your company formation in Bahrain is officially recognized. Above is an example of an active Commercial Registration:
Business for Foreigners in Bahrain
Foreigners can own businesses in Bahrain 100%! Foreigners can avail following benefits by owning a business in Bahrain:
Investor Resident Permit
100% Ownership
Family Resident Permits
No Income Tax
Govt Support for 1st 2 years
No Audit for 1st year
No Corporate Tax
Employee Resident Permits
Multi Currency Bank Accounts
Easy closing within 2 years.
- Why Bahrain
Following are the advantages of company registration in Bahrain
✓ 100 percent foreign ownership
✓ No corporate tax
✓ No Income tax
✓ No third-party involvement
✓ Access from the heart of the Gulf to several developed and emerging markets
✓ Businessman Visa
✓ Work-Permits (Employee Visas)
✓ Exceptional Lifestyle
✓ Free Zone Everywhere
✓ Strong Currency
From Saturday to Thursday (10.00 AM to 10.00 PM)
For further assistance Ask our Expert
holidaytravelbpc@gmail.com
FAQs
Can a foreigner open company in Bahrain?
How long does it take for company formation in Bahrain?
Can company formation be done online in Bahrain?
What are the requirements for company formation in Bahrain?
Passport Copy.
NOC (For employees in Bahrain only).
Power of Attorney or E-key.
Office Address (Electricity Account).
Memorandum of Association.
Capital Deposit Certificate.