This form of company consists of a minimum of seven shareholders and the shareholders are liable for the company’s debts and obligations only to the extent of the value of their shares. There must be a minimum of five directors. The shares can be offered to the public and any offering of shares to the public must be subject to approval from the Central Bank of Bahrain and in compliance with the CBB’s new Offering of Securities Module (Volume 6 of the CBB Rulebook) and subject to approval of the Ministry of Industry and Commerce.

Key Features of Bahrain Public Joint Stock Company

Bahrain Public Joint Stock Company

Corporate Details

General

  • Type of Entity

Public Joint Stock Company

  • Registered Office in Bahrain

Yes

  • Shelf company availability

No

  • Access to Double Taxation Treaties

No

Share capital or equivalent

  • Standard currency

Bahraini Dinar(BHD)

  • Permitted currencies

Any

  • Minimum paid up

BHD 1 million

  • Bearer shares allowed

No

  • No par value shares allowed

No

Directors

  • Minimum number

Five

  • Local required

Yes

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

Seven

Accounts

  • Requirements to prepare

No

  • Audit requirements

No

  • Requirements to file accounts

Yes

Other

  • Requirement to file annual return

No

Tax treatment

Corporate tax for a Bahrain Branch Office is 0%.

Duration for set up the Company

Three months.

Advantages of Bahrain Branch Office

  • Tax exempted.
  • Bahrain has numerous Double Taxation treaties.
  • The Bahraini workforce is among the most educated and experienced in the Gulf region
  • Strategic location in the heart of the Arabian Gulf region which makes accessibility and entry into any Middle East market (whether by land, sea or air) fast and economically feasible.
  • The freedom to repatriate and transfer profits and capitals.

The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.