WLL Company Formation in Bahrain
Key Features of WLL Company Formation in Bahrain
With Limited Liability Company Bahrain
| Cost of WLL Company Formation in Bahrain | BHD 850.00 |
| Minimum Capital | BHD 500.00 |
| VAT | 5% |
| Corporate Tax | 0% |
| Investor Visa Fee | BHD 172.00 |
| Employee Visa Fee | BHD 172.00 |
| Annual Audit | From 2nd year |
| Office cost | BHD 100 – 300 per month (varies) |
Note: Registration cost includes Govt fee + Consultancy fee for a general company that does not require additional approvals.
WLL Company Formation in Bahrain - With Limited Liability
A With Limited Liability (WLL) is similar to Limited Liability Company (LLC) in other countries. As per Commercial Companies Law of Bahrain following are the key features of WLL Company Formation in Bahrain:
- Shareholders Liability is limited to the extent of investment.
- Minimum number of partners: 1
- Maximum number of partners: Unlimited
- No minimum investment restriction
- 100% foreign ownership allowed (by business activity)
- Commercial address (Head office) is required.
- External Auditor is required (from 2nd financial year)
- Not allowed to practice Insurance and Banking activities.
Key Benefits of WLL company formation in Bahrain
Following are the key advantages of WLL company formation in Bahrain.
- No Corporate Tax
- 100 % Foreign Ownership Allowed
- Strong Currency
- No Geographical Restrictions
- Investor Visa
- Family Visa
- Access to $2 trillion worth Gulf market
- Strategic Location
- Advanced Banking System
- Talented human capital
- Conducive business environment
- Business Support Programs
General Requirements for WLL Company Formation in Bahrain:
Following are the requirements for WLL company formation in Bahrain:
- Passport Copies of Shareholders
- Passport Copies of Directors
- Passport Copies of Authorized Signatories
- Power of Attorney
- Office Address Documents (After Approval)
- Capital Deposit
General Procedure for WLL Company Formation in Bahrain
By working with us, you will be able to start your business without any inconvenience. We have helped numerous clients who are successfully running their businesses today in different industries. Here’s how we do:
Looking for WL company formation services in Bahrain?
Contact us for professional WLL company formation in Bahrain. We guarantee the legitimacy of the registration procedure.