Step-by-step Guide To Company Formation In Bahrain For Normal Activities

Starting a business in Bahrain is straightforward, with clear steps to follow. This guide will help you understand each phase of the company formation process.

1. SECURITY CLEARANCE

Obtain security clearance for shareholders, directors, and authorized signatories. Submit identification documents and complete background checks.

2. COMPANY NAME REGISTRATION

Check the availability of your proposed company name. Submit a name reservation request through the Ministry of Industry and Commerce (MOIC) portal.

3. TEMPORARY CERTIFICATE REGISTRATION (CR)

After name approval, receive a temporary Commercial Registration (CR) number. Use it for initial documentation, like opening bank accounts.

4. SHOP/OFFICE ADDRESS

Secure initial approval for your business location from local authorities. A lease agreement is not needed immediately.

5. REGISTER MUNICIPALITY / ELECTRICITY ACCOUNT

Open accounts with the municipality and register for electricity. This ensures your business location complies with local regulations.

6. DEED OF ASSOCIATION (DOA)

Draft and notarize the DOA, which outlines your company’s objectives and structure.

7. UNDER FORMATION BANK ACCOUNT

Open an "Under Formation Bank Account" to hold the initial capital deposit required to start your business.

8. FINAL COMMERCIAL REGISTRATION (CR) ISSUANCE

Once all steps are complete, collect your final CR certificate. This officially recognizes your business and allows you to start operations.

CONCLUSION

Following these steps makes the company formation process in Bahrain easier. Each stage helps you set up smoothly. At Dhiya and Thomas Management Consultancy, we are an approved service provider by the Ministry of Industry and Commerce in Bahrain. We guide you through the entire process, ensuring compliance and efficiency.

Trust us to help you start your business in Bahrain.

For more details, visit our website today! https://www.dtconsultancy.net/