If you are considering Middle East for setting up your business/ branch office, then Bahrain deserves your attention. The reputed business organizations across the world are raving about the pulsating oppurtunities Bahrain holds for people having an eye for oppurutnity.
So, how to start a business in Bahrain?
Here are the steps for setting up your business in Bahrian:
- Choosing a Legal Framework: This is an important decision as an entrepreneur. You need to pick the right business structure depending on your business activity
Incase you want to know about the top sectors to exploit for profits, here are the ones:
2. Registering your Business's Name: The next step is to register your trade name. There are certain guidelines you should keep in mind for this. These guidelines are set by the Ministry of Industry and Commerce (MIC).
3. Commercial Company (CR) Registration: Get the commercial registration documents from the Bahrain Investment Centre. Do this after your application form gets an approval from the authorities.
4. Licenses and Registration: If you don't have the commercial registration (CR) documents then you cannot proceed with the license and registration works. This is an important step, many falter over here.
5. Other Authorizations: After you get your business license, you should book you physical office space, open your corporate bank account, treat your employees in accordance to the labor laws, etc. And last but not the least, renew your trade license every year.
These are important pointers to remember.
If you want, you have the option to ask your queries to an experienced business setup consultant. This consultant will asnwer your queries and also give you a roadmap for saving time and resources.
Isn't this convenient? If yes, then tell us, do you want to book your free call or not ↓