Bahrain Shareholding (B.S.C.) – Closed
A Closed Shareholding Company consists of a number of persons (not less than two) who subscribe by way of negotiable shares which are not offered to the public for subscription. GCC nationals and foreign investors are permitted to own company shares. Moreover, US nationals are treated similarly to GCC citizens.
ELIGIBILITY
features
Limited liability
Banking, insurance, and investment activities are allowed
Local operations are allowed
Local of office presence is required
Minimum share capital required is BHD250,000
A minimum of 50% of the capital must be paid initially at the time of incorporation; the remaining to pay within three years.
The nominal value of each share shall not be less than BHD0.100 and shall not exceed BHD 100
The minimum number of shareholders required is two
The minimum number of directors required is three
Annual submission of audited financial statements to MOIC is required
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BSC Closed CR starts as low as BHD299.000
Benefits of Choosing Whitehat Business support
Empowering you to commit more opportunity to your core wealth creation activities. Normally, it takes 3 to 14 working days to enlist an organization with MOICT in Bahrain But at times it may require just a few more days if a few endorsements are required for some particular business actuates. We assure you that not even 1 second will be wasted by us.
Each client will be allocated a profession who will be available 24 hours via virtual support.
Our services are 100% transparent enabling clients in raising queries regarding the service and assuring that 100% satisfaction is maintained.
We are providing our services to the clients at lowest cost possible.
We provide all our clients with updated information regarding to all the departments in Bahrain so that they dont face any issue in their operations over period of time due to change in any procedures