A Bahrain Shareholding Company BSC is a legal entity separate from its owner. It provides the shareholders with full liability protection and limits their liability to the amount of company capital invested. The Kingdom of Bahrain recognizes two types of Shareholding Companies – Public and public.

A Public Shareholding Company consists of a number of promoters (not less than seven) who subscribe therein by way of negotiable shares. Partners shall be liable for the company’s debts and obligations only to the extent of the value of their shares – Bahraini, GCC and non GCC citizens may subscribe to such shares.

A Closed Shareholding Company consists of a number of persons – not less than two – who subscribe therein by way of negotiable shares. Such shares may not be offered to the general public for subscription – Bahraini, GCC and non GCC citizens may own such shares.

A Bahrain Shareholding Company (Public or Closed) is a requirement if the stakeholders are to engage in banking or insurance business.

Key Features of Bahrain Shareholding Company BSC (Public)

Bahrain Shareholding Company BSC(Public)

Corporate Details

General

  • Type of Entity

Shareholding Company(Public)

  • Registered Office in Bahrain

Yes

  • Shelf company availability

Yes

  • Access to Double Taxation Treaties

Yes

Share capital or equivalent

  • Standard currency

Bahraini Dinar(BHD)

  • Permitted currencies

Any

  • Minimum paid up

250,000 (BHD)

  • Bearer shares allowed

No

  • No par value shares allowed

No

Directors

  • Minimum number

Three

  • Local required

No

  • Location of meetings

Anywhere

  • Corporate directorship allowed

Yes

Shareholders

  • Minimum number

Seven

  • Corporate shareholder allowed

Yes

  • Location of meetings

Anywhere

Accounts

  • Requirements to prepare

Yes

  • Audit requirements

No

  • Requirements to file accounts

Yes

  • Publicly accessible accounts

Yes

Other

  • Requirement to file annual return

No

Tax treatment

Corporate tax for a Bahrain Limited Liability Company is 0%.

Duration for set up the Company

Three months.

Advantages of Bahrain Shareholding Company BSC

  • Tax exempted
  • No duties is imposed on goods imported and imported from the Free Zone require a Bahrain nation shareholder for trading and commercial activities.
  • Bahrain has numerous Double Taxation treaties

Valsen Advantages

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