Single Person Company (SPC)
An SPC is a limited liability company that is fully owned by a single person. The shareholder’s liability is limited to the extent of their capital in the company. This is the most common form of commercial registration in Bahrain with single owner. There are exactly 357 activities that an expatriate person can start Individually without Local Partner.
Eligibility
features
Limited liability
Banking, insurance, and investment activities are allowed
Local operations are allowed
Local office presence is required
Minimum share capital required is BHD50.000
The minimum number shareholders, promoters, and directors is one
Annual submission of audited financial statements to MOICT is required
100% foreign ownership is allowed (depending on activities)
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Single Person Company 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