Bahrain Public Joint Stock Company

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.