Bahrain Shareholding Company BSC (Public)

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.