How can I get commercial registration in Bahrain?
The 5 steps to get a Virtual CR (Commercial Registration) in…
- Step #1: Get your eKey.
- Step #2 Register on Sijilat.
- Step #3 Add activity.
- Step #4 Upload documents.
- Step #5 Review and Submit.
What is commercial registration in Bahrain?
A Commercial Registration certificate (CR) is a legal document issued to investors upon registering their establishment in the Kingdom of Bahrain with the Ministry of Industry, Commerce, and Tourism. Commercial Registration number and establishment date. Name of the legal representative of the establishment.
How much is a CR in Bahrain?
2- Business License Activity Fee Activity license has an annual recurring fee of BHD 100 for the first 3 activities and BHD 100.00 for every next activity. However, there are some exempt activities with zero annual fees. These activities are available with more than 51% Bahraini ownership.
How can I renew my commercial registration in Bahrain?
Once inside, you have to follow these five simple steps:
- Step 1: Select the “Public Services” menu.
- Step 2: Select Renewal.
- Step 3: Type your existing CR number without the branch number and then click “Search.”
- Step 4: Select the branch from the options available and then click “Save and Continue.”
What is the purpose of commercial registration?
1) To regulate commerce activities in general. 2) To know Traders and Industrialists and to obtain information about their legal and economic status.
What is the best business to start in Bahrain?
If you live in Bahrain, then here are the best 7 small business opportunities you should definitely consider starting in the Kingdom.
- Construction Company.
- Restaurants.
- Interior Designing Company.
- Events Planning.
- Cleaning Services.
- Financial Consultancy Company.
- Real Estate Brokerage Company.
What is the commercial registration number?
It is used to identify your limited company or limited liability partnership (LLP) and to verify its existence as a legally incorporated entity. A company registration number may also be referred to as a ‘Companies House Registration Number’ or simply a ‘company number’.
What is CR certificate?
It is certified that no disciplinary proceeding is pending or / and contemplated against the officer. integrity of the officer is also certified. 3. The CR Dossier of the candidate (s) is /are enclosed / there is no practice of maintaining.
What is a commercial register number?
It is a number issued by the FTC to U.S. businesses that manufacture, import, distribute, or sell products covered by the Textile, Wool, and Fur Acts. Businesses can use this number on product labels instead of the company name.
What is commercial register entry?
The entry in the commercial register entails rights and obligations. Business partners can view the legal relationships in the commercial register. Companies entered therefore generally enjoy greater trust. They also benefit in terms of creditworthiness, as creditors enjoy better protection in the event of bankruptcy.
What agency a company must register with in Bahrain?
All commercial agency agreements must be registered with the Commercial Agencies Register maintained for this purpose at the Directorate of Commerce and Companies Affairs, MOIC.
How do I set up a business in Bahrain?
To complete Bahrain LLC setup, our Clients need to i) find local office premises ii) open a corporate bank account iii) notarize the company documents iv) register the company with the Labor Department v) obtain business license approval and vi) apply for work visas.
Where to get commercial registration papers in Bahrain?
Commercial Registration Papers Click the image to embed it on your website. For companies: Commercial registration papers are made at the Bahrain Investors Centre. For Individual Establishments: Commercial registration papers are made at the Ministry of Industry and Commerce Commercial Registration Directorate.
Is it legal to start a business in Bahrain?
Investors from all over the world are now convinced that Bahrain provides a rewarding investment environment, which brings us to the importance of legalizing businesses in Bahrain through commercial registration.
Do you need a CBB license to work in Bahrain?
In general, any person wishing to offer regulated financial services to or from the Kingdom of Bahrain on a commercial basis requires a license from the CBB. The CBB Rulebook provides definitions of what constitute regulated financial services in the modules dealing with licensing/authorisation.
When was the CBB law promulgated in Bahrain?
The formal registration requirements are contained in the Authorisation Module of Volume 3 of the CBB Rulebook, which covers the insurance sector. The Central Bank of Bahrain and Financial Institutions Law 2006 (‘CBB Law’) was promulgated on 6 September 2006 with the issuance of Decree No. (64) of 2006.