Prime Tower, Office# 2707, Business Bay, Dubai, UAE
According to data starting a business there requires 7 procedures, takes 9 days, costs 80% of income per capita and requires paid I minimum capital of 189.60% on income per capita. Most indicator sets refer to a scenario in the largest business city of an economy, except for 11 economies for which the data are a population weighted average of the 2 largest business cities. Globally Bahrain stands at 140 in the ranking of 189 economies on the ease of starting a business. The ranking for comparator economies and the regional average ranking provide other useful information for assessing how easy it is for an entrepreneur in Bahrain to start a business.
There are essentially eight options available to foreign investors who are looking to undertake business/commercial activities in Bahrain:
The time required for incorporating a company or establishing a branch varies depending on the type of entity selected. We estimate the time required for incorporation of a company or establishment of a branch generally to range between two and four weeks after receipt of all fully attested required documentation.
from corporate tax
Possible to operate from UAE
No Capital requirements
No currency restrictions
Employment visa processing made simple
Repatriation of profits and capital
No audit requirements
Minimum responsibility and maximum benefits
2 Persons can open up an LLC
The maximum number persons or employees an LLC can have is 50
If you want to open an LLC in Dubai then you have to invest a minimum of AED 300,000/- or USD 81,744/- which is abysmally when compared to the higher forms of organization set ups.
If you want to open an LLC in emirates other than Dubai, then the capital requirement is further down to AED 150,000/- or USD 40, 872/-.
The DED is the vital government body for registering and licensing companies who intend to do business in the mainland of Dubai. The DED recently has been updating its rules and regulations to act as a one stop shop service centre for all licenses in mainland Dubai. Today DED provides fast track services compared to most of the government authorities in other emirates or neighbouring Gulf countries.
Draft the MOA and AOA
Help in obtaining approval from DED
Registering the company name
Acquiring out an office space
Apply for a trade license
Submit docs and pay license fee
Obtain license & start business operationbr>