2011 Bahrain Country Commercial Guide - US - Export.gov

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Appointing a representative agent in Bahrain requires care and a thorough vetting of candidates. The Commercial Section of the U.S. Embassy can provide assistance and for-fee Commercial Services such as our personalized Gold Key service. The Commercial Section can be contacted at ManamaCommerce@state.gov. Establishing an Office Return to top The first step to establishing a local office in Bahrain is to register at the Bahrain Investors‘ Center (BIC), located at Seef Mall in the Seef District, before conducting business in Bahrain. Operated by the Ministry of Industry and Commerce, the BIC is a ―One-Stop Shop‖ where there are representatives from all the different ministries involved in the registration of a business, as well as representatives from financial institutions, legal entities and telecommunication companies. However, some commercial activities such as tourism, entertainment, schools, nurseries (daycare), and training institutions may require approval from other government agencies. The Domestic Trade Affairs Directorate in the Ministry of Industry and Commerce regulates all commercial licenses and activities in Bahrain. The Commercial Registration Department issues commercial licenses, collects registration fees, processes Commercial Registration (CR) applications, publishes announcements in the official gazette, and provides counseling services to potential investors. Applicants may obtain a Commercial License Application Form from the Bahrain Investors‘ Center (BIC), located at the Seef Mall, or electronically from the Ministry of Industry and Commerce‘s webpage. Bahrain Investors’ Center (BIC) Seef Mall P.O. Box 5479 Phone: (+973) 1756 2222 Manama, Kingdom of Bahrain Hours of business: 07:30-14:00 Sunday-Thursday Website: http://www.bahrainedb.com/bic-e/main.asp Email: investor_relations@moic.gov.bh or invest@bahrainedb.com On-Line Commercial Inquiries The applicant must first fill out a subscription form at the Bahrain Investors‘ Center (BIC), located at the Seef Mall, in the Seef District of Manama. Once registered with the Ministry of Industry and Commerce (through the Investors‘ Center), a company may conduct all dealings with the Ministry via its website: http://www.moic.gov.bh/moic/en. The website also provides comprehensive information on domestic commercial affairs. Assistance in Establishing a Company Novice investors are highly encouraged to seek assistance from the Economic Development Board (EDB). Chaired by Crown Prince Salman bin Hamad Al Khalifa, the EDB is responsible for formulating the country‘s economic development strategy, and attracting and facilitating foreign investment in ―Business Friendly Bahrain.‖ Working in partnership with governmental organizations and private companies, the EDB can provide personalized assistance to foreign companies and investors including economic intelligence, and assistance with the commercial registration process. 8
Economic Development Board (EDB) Tel: +(973) 17-589999 Fax: +(973) 17-589900 Website: http://www.bahrainedb.com/ E-mail: edb@bahrainedb.com Registration Agents The Ministry of Industry and Commerce accredits Registration Agents to provide commercial registration services for applicants. These agents include law firms, industrial property registration agents, auditing firms, and consulting companies. Applicants may prefer to work through these experienced consultants who often provide legal, financial, and other services. Registration agents generally ensure the best legal protection available in Bahrain in accordance with the size, shape, and activities of the applicant. To obtain a list of accredited Registration Agents, visit the Ministry of Industry and Commerce‘s website at http://www.moic.gov.bh/moic/en. Although a local attorney is not required to draw up agency and sales agreements, it is advisable to use one. The U.S. Embassy Commercial Section can provide a list of local attorneys. Many wellknown international law firms, including U.S. firms, have offices in Bahrain. Company Registration Options Source: Ministry of Industry and Commerce 9
Page 1 and 2: Doing Business in Bahrain: 2012 Cou
Page 3 and 4: double oil production by 2013. In 2
Page 5 and 6: An on-the-ground presence in Bahrai
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Page 11 and 12: Establishing Manufacturing Faciliti
Page 13 and 14: Office rents (2011 figures) High-en
Page 15 and 16: 1. Upon the submission of the appli
Page 17 and 18: e a matter of Bahrain‘s national
Page 19 and 20: There are two daily English languag
Page 21 and 22: Food & Hospitality Expo / Health &
Page 23 and 24: CDs, software, clothing, and househ
Page 25 and 26: qualified partners.Receive complete
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Page 29 and 30: Medical Equipment/Healthcare Overvi
Page 31 and 32: Air Conditioning and Refrigeration
Page 33 and 34: http://www.moic.gov.bh/moic/en Mini
Page 35 and 36: Opportunities Return to top Telepho
Page 37 and 38: Bahrain's underdeveloped insurance
Page 39 and 40: Education and Training Overview Ret
Page 41 and 42: Electrical Power Overview Return to
Page 43 and 44: Water Desalination Overview Return
Page 45 and 46: Construction Overview Return to top
Page 47 and 48: Agricultural Sectors Return to top
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Page 51 and 52: Following the completion of the Cus
Page 53 and 54: Food and Drug Administration, Offic
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Page 57 and 58: comment on proposed foreign technic
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As of October 2011, Bahrain had bil
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In an economy largely dominated by
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Bahrain requires that pharmaceutica
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The GCC Commercial Arbitration Cent
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eliable system of recording such se
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financial crisis, coupled with the
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Bahrain and the U.S. signed a bilat
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In January 2011, the Ministry of Co
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The Central Bank of Bahrain (CBB) r
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Bahrain Development Bank http://www
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For the latest travel advisories, p
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Other Health Information: Informati
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U.S. Agriculture Trade Office - Dub
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