Initial Documents Required For Company Formation Application In Bahrain

The process of establishing a business in Bahrain is simple, but it calls for close attention to legal and regulatory requirements. Knowing the preliminary paperwork required for company registration will greatly expedite the application process, regardless of whether you are a foreign investor or a Bahraini national. This guide will ensure that your firm is set up in accordance with Bahrain's legislation by guiding you through the necessary documentation, such as identity requirements, company name proposals, and shareholder details.

1. CPR (Bahrain Local ID) and Passport Copies:

For all shareholders.

Only the CPR is needed for Bahraini nationals.

2. Company Name Proposals:

Submit at least three different company names for the ministry to choose from.

Ensure that the first word of the company name is unique for each option.

3. List of Authorized Signatories and Directors:

Provide the full list of the individuals who will be authorized to act on behalf of the company and serve as directors.

4. Authorization Letter for Filing the Application:

A draft of this letter will be provided by us.

As an approved agency by the Ministry of Industry and Commerce, we do not require an attested Power of Attorney or an EKEY password to file any type of application.

5. Company Capital:

The specified capital amount must be deposited in the bank at the final stage of the process.

6. Company Activities Confirmation:

Confirm and provide details of the business activities the company will undertake.

7. Shareholding Percentages:

If there are two or more shareholders, provide the share percentage amount allocated to each shareholder.

Conclusion

You can prevent delays in the business formation procedure by making sure that all required papers, including CPR copies, proposals for company names, and lists of authorized signatories, are provided correctly. Bahrain provides a friendly business environment, and you can rapidly create your firm and start operations if you have the necessary paperwork in order. By taking the time to compile and submit these preliminary paperwork, you may assist establish a strong basis for the success of your business in Bahrain.