Bahrain Business Formation

A properly-structured Bahrain company is a tax-efficient way to do business locally, in the Middle East, and internationally. Starting a business in Bahrain is easy with Healy Consultants, thanks to our systematic procedures and range of Bahrain business set up support services. The following is an overview of the Bahrain business formation procedures, as well as our Bahrain business set up services:

1.	Our client signs Healy Consultants engagement letter and returns the original to our Singapore Head Office to begin Bahrain business formation.
2.	Our client confirms the Bahrain corporate structure, including shareholders and directors. Only then will Healy Consultants proceed with Bahrain business formation.
3.	Prior to Bahrain business set up Healy Consultants Compliance Team receives the required corporate and personal due diligence information from our client.
4.	Starting a business in Bahrain requires a company name search with the Commercial Registration Directorate at the Bahrain Ministry of Commerce and Industry. If approved, we begin Bahrain business set up.
5.	Before starting a business in Bahrain, Healy Consultants Incorporation Team emails the following corporate documents to our client for his signature and return to us: Letter of Appointment of First Director, Consent to Act as shareholder and Memorandum and Articles of Association.
6.	Healy Consultants’ Incorporation Team receives an email of the Certificate of Incorporation from the Commercial Registration Directorate, confirming that the registration phase of Bahrain business set up is complete. Our team will immediately email the same to you.
7.	Assuming our client emails the above signed documents to us in a timely manner (originals to follow by courier), Healy Consultants Incorporation Team liaises with the Commercial Registration Directorate to complete Bahrain business formation.
8.	Following Bahrain business formation, Healy Consultants Incorporation Team files the following documents with the Commercial Registration Directorate:
	i) Proposed Company name, share and division of capital and share type; ii) The Memorandum of Association; iii) The Articles of Association; iv) The address of the Bahrain registered office; v) Names, addresses and nationalities of directors and shareholders.
9.	Healy Consultants arranges to publish the Company details in the Official Gazette and one local newspaper, in accordance with Article 268 of the Commercial Companies Law upon completion of Bahrain business set up.
10.	After starting a business in Bahrain, Healy Consultants Compliance Team prepares all post incorporation documents, including minutes of the first meeting, preparation of bylaws, assurance of initial share certificates.
11.	Following Bahrain business formation, and upon receipt of original client signed corporate documents, Healy Consultants couriers a company kit folder (to our client’s preferred international address) containing the following corporate documents:
	i) Original copy of Bahrain Certificate of Incorporation; ii) An original bound copy of the Memorandum and Articles of Association; iii) Original share certificates; iv) Client feedback form.
12.	After Bahrain business set up, Healy Consultants will apply for an international corporate bank account with world-class multi-currency Internet banking, to support Bahrain business formation.
13.	After starting a business in Bahrain, our client is requested to visit his local bank branch to sign the bank forms in the presence of a local bank officer. Thereafter, our client couriers the same to Healy Consultants.
14.	Healy Consultants organises a complete bank application including due diligence, supporting corporate documents and bank forms. Our banking team will also prepare a detailed Business Plan highlighting the company's activities, your reasons for starting a business in Bahrain, as well as information on the shareholders and directors.
15.	Healy Consultants International Banking Team submits the application form to the bank together with the following corporate and personal information:
	i) Company’s incorporation documents, duly certified by a Bahrain CPA or solicitor; ii) A copy of directors and bank signatory(ies) passport; iii) Original copy of bank reference letter; iv) Original copy of proof of residential address; v) A Business Plan for the company.
16.	Healy Consultants local officer will attend a bank interview on your behalf, describing your global business activities and explaining why you require an international corporate bank account.
17.	On behalf of our client, Healy Consultants pays the initial bank deposit to the bank. A scanned copy of the bank deposit slip will be emailed to our client as verification of the same.
18.	Healy Consultants will apply for corporate Internet banking facilities for our client who is undertaking Bahrain business set up.
19.	Healy Consultants applies for a corporate credit card, corporate ATM card and corporate cheque book.
20.	Healy Consultants receives international bank approval together with bank account numbers.
21.	Healy Consultants receives the bank Internet login and password information in a sealed letter that is passed directly to our client starting a business in Bahrain.
22.	Healy Consultants receives corporate cheque book in a sealed letter that is passed directly to our client starting a business in Bahrain.
23.	Healy Consultants receives credit and ATM cards in a sealed letter that is passed directly to our client starting a business in Bahrain.
24.	Healy Consultants dispatches a courier to your preferred address containing original company documents and bank information in unopened, bank sealed envelopes.
25.	Following Bahrain business set up, Healy Consultants emails a customer feedback survey to our client to obtain frank and honest feedback regarding the efficiency of the engagement.
26.	Following Bahrain business formation, our clients frequently request Healy Consultants support services to support Bahrain business set up.
27.	Healy Consultants provides accounting and taxation support including i) corporate structuring ii) minimising withholding tax iii) tax returns and financial statements iv) payroll and investments to support Clients starting a business in Bahrain.
28.	Healy Consultants offers Virtual Office services to support Bahrain business formation, including i) providing office space in Bahrain to clients ii) a business address in Bahrain for invoicing purposes iii) phone, fax and email support and iv) global call centre support.
29.	Healy Consultants offers human resource services to support Bahrain business formation, including i) Bahrain work and residence permits ii) staff recruitment in Bahrain iii) payroll support and iv) local business address in Bahrain for invoicing purposes, together with telephone, fax and email support.
30.	Another Bahrain business set up service is our marketing services including i) business website building ii) search engine advertising iii) designing stationery and logos iv) market research and v) media advertising to support Bahrain business formation.
31.	To assist our clients starting a business in Bahrain, Healy Consultants can help obtain corporate finance, trade finance and establishing merchant accounts.
32.	Healy Consultants offers Bahrain business set up IT services including i) hardware purchasing and configuration ii) office network configuration iii) business website design and maintenance iv) server maintenance to support Bahrain business formation.
33.	Healy Consultants provides consulting services including i) merger and acquisition advisory ii) business due diligence iii) internal audit support iv) business process re-engineering for clients starting a business in Bahrain.

Buy the Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or contact email@healyconsultants.com