Fees and timelines in 2023
Fees
First year Incorporation costs in Year 1 amount to US$10,900 and annual company costs in following years amount to US$1,580. The average total fees per Bahrain engagement is outlined in the table below. These include company incorporation, resident director, corporate bank account, and virtual office address.
| Different Bahrain entity types | Cost | Draft invoice |
|---|---|---|
| Tax resident LLC (WLL) | US$25,131 | View invoice PDF |
| Tax resident single owner LLC (SPC) | US$25,131 | View invoice PDF |
| Free zone company | US$25,131 | View invoice PDF |
| Branch of a foreign company | US$26,131 | View invoice PDF |
| Representative office | US$26,131 | View invoice PDF |
| PLC company (shareholding company) | US$25,131 | View invoice PDF |
| Subsidiary LLC | US$23,131 | View invoice PDF |
| Holding company LLC | US$23,131 | View invoice PDF |
| LLC with employment visa | US$29,081 | View invoice PDF |
| Partnership (Unlimited liability company) | US$23,131 | View invoice PDF |
| Bitcoin SPC | US$34,931 | View invoice PDF |
Timelines
The average Bahrain engagement period is 12 weeks as outlined below:
| Service | Limited Liability Company (LLC) | Free zone | Branch office | Representative office |
|---|---|---|---|---|
| Engagement Planning | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
| Security check clearance | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
| Company Incorporation | 6 weeks | 6 weeks | 6 weeks | 6 weeks |
| Corporate bank account approval | 2 weeks | 2 weeks | 2 weeks | 2 weeks |
| Total engagement period | 12 weeks | 12 weeks | 12 weeks | 12 weeks |
