What are the requirements for selling gifts and gold online?

Question

Q: We would be selling gifts of some sorts that include gold items. As Bahrainis, do we need to register our new online business? A: Yes, it is advised to register the business even if you are Bahraini nationals and especially if you are selling gold. It is advised to fully comply with the Law…

Hawra Abdulwahab · Accepted Answer

This is Hawra from Abdulwahab Attorneys & Legal Consultants.

Yes, it is advised to register the business even if you are Bahraini nationals and especially if you are selling gold.

Please keep in mind that the Sale/Trade of Gold is subject to the Bahrain Anti Money Laundering Law No. 173 of 2017, and so it is advised to fully comply with the Law when starting this business.

If you need our assistance in registering the business, please do let us know.

Questions & Answers