Q: What are the steps to start up my idea in Bahrain as a foreigner? Once we start our company in Bahrain, do we have to be in Bahrain? A: It is essential to know the business activity which you would like to practise in Bahrain along with the structure of the company, nationalities of partners…

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Cost and procedure for setting up a startup company

Hi,

What are the steps to start up my idea in Bahrain as a foreigner?

1) Is there anywhere where I could get the steps and cost involved?

2) And once we start our company in Bahrain, do we have to be in Bahrain?

If so, should we apply for some sort of visa?

Best regards,

Khalid Khan

ASK Legal Attorneys and Legal Consultants

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5 May 2019, 06:03

Hi Z.,

Please note in order to give you details related to the requirements, it is essential to know the business activity which you would like to practise in Bahrain along with the structure of the company, nationalities of partners (if more than one)...etc.

The visa could be provided to you, and yes you will need an office in Bahrain as well, and in the absence of the owners or staff, the company could face problems on the inspection.

Kindly send us an email at help@khalidkhanblog.com so that we can discuss things in details.

Regards,

Khalid

10 May 2019, 11:58

Thank you for responding, Khalid.

To give you a quick intro, it is an eCommerce business that serves as a platform for home designers and property developers to advertise and reach new clients.

The company is owned by two brothers, both Bahrain born, and currently citizens of Sri Lanka.

The platform is already being developed and almost completed, and we are hoping to do a pilot run in the Sri Lankan market before deciding.

Does a business like this qualify for 100% foreign ownership?

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Faten Al Haddad

Al Haddad Law Firm

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7 May 2019, 10:34

Hi,

You can start up your business in Bahrain as a foreigner, but it depends on the activities/business as allowed 100% or 49% to foreigners.

Hence, we need to know the full activities of the company. You do not have to be in Bahrain to start the company as we can do that by a Power of Attorney given to us.

Later, you can get an investor visa since you own a company in Bahrain.

10 May 2019, 11:51

Thank you for responding, Faten.

To give you a quick intro, it is an eCommerce business that serves as a platform for home designers and property developers to advertise and reach new clients.

The company is owned by two brothers, both Bahrain born, and currently citizens of Sri Lanka.

The platform is already being developed and almost completed, and we are hoping to do a pilot run in the Sri Lankan market before deciding.

Does a business like this qualify for 100% foreign ownership?

Was this content helpful?