| Bahrain company incorporation and Offshore foundation |
 |
 |
Company Registration Requirements Details in Bahrain:Procedure 1.   Obtain lease agreement to prove location; we will require to find a suitable office or building or factory or villa to prepare the agrement.   Time to complete: 1 day    The lease agreement is required to obtain preliminary approval from the Municipality. Procedure 2.   Draft standard Memorandum of Association and obtain preliminary approval from the Ministry of Commerce at the Bahrain Investment Center’s one-stop shop   Time to complete:  1 day    The entrepreneur obtains preliminary approval from the Ministry of Commerce by presenting the required documents to the Bahrain Investment Center (BIC)'s one-stop- shop. the required documents are:1) Draft Memorandum of Association, 2) Board resolution, 3)CPR copies of the company representative, 4) CVs of partners, 5) Lease agreement. Procedure 3.   Obtain approval from the Municipality   Time to complete: 2-3 days    The location of the company must be approved by the Municipality, which has a representative at the BIC’s one-stop shop. Procedure 4.   Notarize Memorandum of Association   Time to complete: 1 day    Once the registration approval has been obtained from the Ministry of Commerce, the Memorandum of Association has to be notarized by the notary public. A notary is  available at the Ministry of Justice’s booth at the BIC one-stop shop. Procedure 5.   Open an account at the bank with internet access and obtain proof of deposit of capital.   Time to complete: 1 day The capital has to be deposited in an account at a commercial bank and a proof of deposit has to be obtained. Two commercial bank branches are available at the BIC one-stop-shop. Procedure 6.    Obtain Certificate of Registration from Ministry of Commerce    Time to complete: 1 day When the approval from the municipality is obtained, the MoA is notarized and the capital is deposited into the bank, the entrepreneur returns to the Ministry of Commerce to obtain the Certificate of Registration (C.R.) Procedure 7.   Register the company and employees with the General Organisation for Social Insurance (GOSI)  Time to complete: 1 day The documents required for registration are: 1) Copy of employer’s CPR, 2) Copy of the CR, 3) Copy of company contract. Please click on the link for the Guide to Bahrain http://www.bahrain.com/home.aspx Tags:
|