Latest News

CONNECT, NOW.
We understand the importance of availability, and we act on it.

New Bahraini Law Allows 100% Foreign Ownership

8/8/2016

Prime Minister of Bahrain, Prince Khalifa Al Khalifa, has approved an amendment to the existing Companies Law allowing foreign investors to acquire full business ownership.

On 18th July, Prime Minister of Bahrain, Prince Khalifa Al Khalifa, has approved an amendment to the existing Companies Law allowing foreign investors to acquire full business ownership. The Government of Bahrain has stated that the new law will “spur growth, generate rewarding jobs for citizens, and attract businessmen to invest in various economic sectors. (…) Bahrain will stand a good chance to improve its rating on the index of Facility of Starting Business – an asset which will encourage leading international firms to establish in Bahrain – the gate to the GCC and the region”.

However, 100% foreign ownership is only possible in designated sectors, i.e. residency, food, administrative services, arts, entertainment and leisure, health and social work, information and communications, manufacturing, mining and quarrying, water supplying and professional, scientific, technical and real estate activities.

You might also like...
Borrowers and Credit Card Holders Beware!
On 4 May 2022, the Central Bank of UAE (CBUAE) raised the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 points. This decision was influenced after the U.S. Federal Reserve raised its target rate by 50 points in the face of inflation.
read More
Small Business Owners, Rejoice!
The UAE has always been an attractive hub for business owners from all over the world due to its tax-free commerce status. The government is now focusing on new beginnings and has set new rules to help local and small businesses thrive.
read More
Looking to Set-Up your Business? Don't Miss this Opportunity!
Check out this game-changing package which benefits investors in terms of paying the fees for their business setup on an ongoing monthly basis. Potential investors are required to sign a lease contract and move their operations into the free zone before the end of January 2022 to avail the offer!
read More
SEE ALL INSIGHTS
Thanks, got it!
Something went wrong, please try again.

Use our online calendar to set up your own appointment and connect to an elawyer for a consultation.