Bahrain is one of the stable economies in the Middle East and it offers lower costs to its residents and businesses. The living costs in Bahrain are almost 20% lower than the neighbouring country of UAE. If we compare the real estate market, the rent in Manama, Bahrain's capital city is about 60% lower than that of Abu Dhabi and Dubai.
Investing in Bahrain's real estate market holds great potential and its growing economy, favorable investment climate, affordability, and stable financial market attract more international investors. However, it's always better to seek guidance from a professional advisor before making any investment decisions.
The Kingdom of Bahrain is a fast growing dynamic and diverse economy with more focus on finance, tourism, ICT, and manufacturing sector. The investment climate in Bahrain is positive and relatively stable. Bahrain has maintained a business-friendly attitude and liberal approach to attract foreign investment.
To start a business in the Kingdom, investors are required to posses a Commercial Registration known as a CR. A Commercial Registration certificate (CR) is a legal document issued by the Ministry of Industry and Commerce. A Company With Limited Liability (WLL) in Bahrain offers 100% foreign ownership, no restrictions on capital or profit repatriation, no corporate tax and multiple entry visas with a five-year validity.
Nationals of certain countries are required to secure a Bahrain visa for entry. The application process has been simplified and individuals can apply for an e-visa online, providing a more convenient way to obtain travel authorisation before their journey. The cost for the 10 years multiple entry visa is set to approximately 600 Bahraini dinars, making it an affordable and attractive option for those desiring a decade-long stay.
Bahrain is one of the countries that does not impose capital gains tax, withholding taxes or other taxes on the repatriation of profits. A standard rate of 10% Value Added Tax (VAT) has been applied in the Kingdom of Bahrain from 1 January 2022. There is an employer contribution of 12% and employee contribution of 7% for Bahraini nationals. Whereas for expats the employer contribution is 3% and employee contribution is 1%.
Starting with idea validation, we assist startup companies to draft customised business plans, apply for a startup visa, find the right investor to achieve their financial goals.
Read More ...
Our professional and experienced business consultants are ready to listen and advise you on all your company registration and business management requirements.
Read More ...
Our more than fifteen years experience in local and international business banking consultancy makes us to feel confident in what we offer to our international clients.
Read More ...
Here at GCC Partner, we ensure that our clients' requirements in accounting, bookkeeping, administration, and tax advisory are not only met, but exceeded.
Read More ...
GCCPartner.com offers you an opportunity to establish strong business relationships with potential buyers, distributors, or agents in the GCC markets.
Read More ...
+971 569 010 707