Country: Bahrain
Population: 1,628,000
Capital: Manama
Currency: Bahraini Dinar
Language: Arabic
Bahrain Offshore Company Formation £9600.00 + Vat
- Bahrain LLC
Estimated renewal costs in year two: £9,100.00
- Ownership Structure:
- 100% foreign ownership is permitted for service and manufacturing businesses.
- If the company involves local trading inside Bahrain, 1 share must be held by a Bahraini partner (e.g., 9,999 shares for the foreign investor and 1 share for the Bahraini).
- Businesses trading outside Bahrain can be fully owned by foreign investors.
- Minimum Capital Requirement:
- No minimum capital is mandated, but we recommend at least BHD 1,000 for smoother bank account approval.
- Taxation & VAT:
- No income tax, corporate tax, or withholding tax in Bahrain.
- VAT: 10% applies to local businesses, while exported services are at 0%.
- VAT registration: Required if annual turnover exceeds BHD 37,500
- Please note that the Formation of a Company in Bahrain requires the physical presence of the Shareholders and Directors. Whilst the Formation process can be initiated remotely, the physical visit will be required to conduct the formalities locally.
- Banking for the company may be placed in any one of several overseas locations such as Bahrain, Belize, BVI, Dominica, Vanuatu, Cook Islands, St. Lucia, Puerto Rico, Seychelles or Mauritius. These banking options will afford you both confidentiality and ease of use. The banks we work with all offer excellent facilities, and you can choose from a free banking introduction or order the full processing of an application.