Liquidating a Company in Bahrain: What You Need to Know

Setting up and running a company in Bahrain offers many growth opportunities. However, business needs can change over time, and companies may decide to liquidate (close down) their operations. The process is regulated by Bahrain’s Ministry of Industry and Commerce (MOIC) to ensure fairness and transparency.

Liquidation Process Overview

To initiate company liquidation under your Commercial Registration (CR), you must indicate whether it is voluntary or compulsory. This service is available only for companies (CCR).

Basic steps include:

1. Board resolution to approve the liquidation.

2. Appointment of a liquidator, either an individual or a company. If the liquidator is a company, a representative must be provided.

3. Settlement of dues – including debts, employee salaries, and government fees.

4. Final report submission by the liquidator to MOIC for closure.

It’s important to follow Bahrain’s legal requirements. Proper compliance ensures smooth business transitions and avoids penalties.

Need Assistance?

If you’re an expat or business owner navigating liquidation in Bahrain, professional guidance can save you time and stress.

Contact us today to learn more about how we can support you through the process.