The Kingdom of Bahrain, a vibrant nation nestled in the heart of the Arabian Gulf has emerged as a thriving business hub, attracting entrepreneurs, investors, and companies from around the globe.
The Kingdom of Bahrain offers an ideal environment for growth and prosperity with an excellent destination for setting up a new business and expanding your presence in the Middle East or trade internationally. Its economic diversification strategy during the past years has resulted in a dynamic business, having numerus opportunities for companies across various industries.
Bybloserve Bahrain was designed to provide specialised solutions to businesses and high net worth individuals around the globe seeking to establish their corporate presence in the Kingdom of Bahrain.
Main features and benefits for setting up a new business in Bahrain:
- Strategic Location: Bahrain's central location provides easy access to the markets of the Middle East, Africa, and Asia having an excellent connectivity through its seaports, international airport, and advanced logistics infrastructure.
- Pro-Business Environment: Bahrain is famous for its business-friendly policies, transparent regulations, and a supportive legal framework attracting foreign investments through various incentives, tax benefits, easy procedures for setting up and operating businesses.
- Diversified Economy: Bahrain has diversified its economy beyond oil and gas, focusing on sectors such as finance, manufacturing, logistics, tourism, information and communication technology, and healthcare.
- Complete ownership: One of the most attractive features of company formation in Bahrain is the ability for foreigners to have complete ownership of their business. The government of Bahrain recently approved a new law that allows foreigners to have 100% ownership in business sectors, making it an even more attractive destination for foreign investors.
- Favourable taxes: Bahrain has one of the most favourable tax regimes in the Gulf region, with no corporate tax, no personal income tax, and no value-added tax (VAT). This makes it an attractive location for businesses looking to minimize their tax liabilities.
- High level banking system: Bahrain has a well-developed and regulated banking system that is considered one of the most advanced in the region. The country is home to over 400 financial institutions, including some of the world’s largest banks.
- Quality of Life: Bahrain offers a high standard of living, combining an international lifestyle with a rich cultural tradition. The Kingdom of Bahrain is thriving culinary scene, vibrant entertainment options, modern healthcare facilities, and a safe and welcoming environment for residents and visitors. Bahrain has made significant investments in its infrastructure, business parks, and modern office spaces, telecommunication networks and efficient transport system.
HOW CAN WE ASSIST YOU?
At Bybloserve we take pride in offering a comprehensive range of top-quality corporate services tailored to meet the unique needs of businesses operating in Bahrain. Our expert team is dedicated to assisting you in navigating the intricate landscape of corporate requirements, enabling you to focus on your core business activities. Here's an elaboration on the services we provide:
- Company Formation and Registration: We specialize in guiding entrepreneurs and companies through the entire process of setting up their businesses in Bahrain. From legal requirements and documentation to licensing and permits, we ensure a smooth and efficient company formation experience.
- PRO Services: Our proficient Public Relations Officers (PROs) are well-versed in local regulations and bureaucracy. We handle all governmental and administrative tasks on your behalf, including visa processing, immigration services, document attestation, and more, saving you time and effort.
- Corporate Services: Our experienced team provides comprehensive legal solutions tailored to your specific business needs. From contract drafting and review to compliance and corporate governance, we ensure your operations align with the legal framework in Bahrain.
- Accounting and Bookkeeping: We offer professional accounting and bookkeeping services, ensuring accurate and up-to-date financial records. Our team assists with financial statement preparation, budgeting, payroll processing, and tax compliance, allowing you to make informed business decisions.
- Virtual Office Solutions: We offer flexible virtual office packages that include a prestigious business address, mail handling services, dedicated phone lines, and access to meeting rooms. Establish a professional presence in Bahrain without the need for physical office space.
- Banking: Our team will assist you in opening and maintaining your corporate and personal bank accounts in Bahrain and will support and accompany you every step of the way.
- Residency Permit Consultation: Our experts will guide you through the various residency permit options available in Bahrain. We take care of the complex paperwork involved in the residency permit application process . Our team will assist you in gathering the required documents, ensuring they meet the necessary criteria, and submitting the application on your behalf.
With our expertise, experience and unwavering commitment to excellence, we'll navigate for you the complexities of the corporate world and forge a path towards sustainable growth and success.
The information contained herein is provided for general information purposes only and does not constitute and neither shall be construed as legal or other professional advice. Neither Bybloserve Management Limited nor any of its employees accept any liability for any loss arising from relying on the information contained herein.