If you’re planning to launch a startup in Bahrain, StartUp Bahrain is the perfect place to acquire all the information you’ll ever need.
Over the past few months, we have covered a whole range of relevant articles on the topic, including:
- Why and how should startup founders make the most out of the Sijilat platform?
- The documents you’ll require for registering a company in Bahrain
- The CR requirements for technology startups.
- Easy ways to add activity to your commercial registration.
- All you need to know about Bahrain’s new Bankruptcy Law.
Well, the list is practically endless, but you get the drift. So, in continuation of our efforts to make StartUp Bahrain a nice and cozy knowledge hub for all aspiring startup founders, today we’re going to have a quick look at the time it usually takes to register a company in Bahrain.
How much time do you have to wait for a Commercial Registration in Bahrain?
Well, it actually depends on what kind of business you’re launching.
For starters, you must obtain a Commercial Registration (CR) license from the Ministry of Industry, Commerce, and Tourism (MoICT). Additional licenses/approvals from other regulatory bodies may also be required depending on the commercial activities you plan on indulging in.
The MoICT issues two types of Commercial Registrations in Bahrain—CR with license and CR without a license.
You can opt for the latter as it will allow you to kick start proceedings by legally registering your business in Bahrain without having to wait for obtaining the licenses for business activities. This is particularly handy for quickly setting up a business, securing a commercial name and a commercial space, approaching banks and vendors, as well as other perks.
Apart from that, if you are a Bahraini national and launching a single-person establishment under Sijili, it will take hardly a few minutes to register a company — not counting the time required for the approval of activities. The final approval process might take up to three working days.
The same goes for companies by Bahraini, GCC, or US Citizens — i.e. the process takes minutes whereas the final approval comes within three days.
As for companies with foreign investors (excluding GCC and Americans), the approval process may take up to 10 working days — not counting the approval time for activities.
So, that was in brief about the duration it usually takes for registering a company in Bahrain. For any additional info, query, or feedback, reach out to StartUp Bahrain using our official channels over at Facebook, Instagram, and Twitter.
