Melqart has broken down the process of starting a business in Bahrain into four simple steps.
Getting started
Prepare the necessary KYC documents, please contact us to assist you in preparing your documents.
Security Clearance & Preliminary Approvals
At this step, the authorities will give their approval to the following:
The Company Name
The Owners, Shareholders & Managers
The Legal Structure of the Company
After all of the above is approved, you will get a priliminary Commercial Registration Certificate that is “Inactive.”
Regulatory Approvals
Following the first approval, you may proceed with the early procedures of establishing your firm as:
Office Space Rental
Municipality Approval
Regulatory & Licensing Authorities Approvals
Keep in mind that you cannot begin commercial operations or transactions or recruit foreign employees until Step 3 is completed.
Obtaining the Active License & Permits:
During this step, you will do the following:
Notarize the Articles of Association Of Association of the Company
Open a Corporate Account
Deposit the Company’s Paid-Up Capital
Make Payment for Licensing Fees
Register the company with the Labor Market Regulatory Authority &
apply for the Partners/Foreign Staff Permits
After completing all of the requirements, you will be given an active licence that corresponds to the kind of commercial operations you choose.
*Banks require the physical presence of the partners to execute corporate documents; the bank account will be held until the authorised signatories obtain a Residence Permit and Bahraini Identification Card (CPR).
Contact us now to speak with one of our experts and find out how we can help you