Bahrain, officially the Kingdom of Bahrain, is a sovereign state in the Persian Gulf. The island nation comprises a small archipelago made up of 51 natural islands and an additional 33 artificial islands, centred around Bahrain Island which makes up around 83 per cent of the country’s landmass.
The place is just not known for its aesthetics but the quality of life it has in offer for you. There are a lot of business opportunities at this place, and shifting here could be the best turning plot of your life. Bahrain has a liberal business environment – that offers 100% foreign ownership without any free zone restrictions and no corporation, personal income, wealth or capital gains taxes. Today, this blog will talk about in detail what makes Bahrain the ideal destination to start a business.
Let’s get started to look at the brighter side of Bahrain – because there is no dark side anyhow!
Highly liberal CR in Bahrain policy helps to support lower operating costs – that means the cost of running a business in Bahrain is approximately 30% lower than other regional centres, like Dubai.
So what are the benefits of setting up a business in Bahrain?
Liberal environment
Sitting in the centre of the Arabian Gulf region is the beautiful island nation Bahrain. Surrounded by water on all sides, the island nation is one of the most liberal nations in the Gulf. Surrounded by water on all sides, the island nation is one of the most liberal nations in the Gulf.
People refrain coming to Gulf countries thinking that the rules and lifestyle will not be ideal to invest here due to the strict laws. On the contrary, Bahrain has extremely cool, progressive as well as chill vibes. The best part is that the laws are not there to tie the horse at the stable. Moreover, they are there so that people can enjoy life with more safety.
You would be able to open any business here with a lot of ease as the place falls under the Free-zone, hence demanding less capital you would be saving on tax. Moreover, the easy laws can be dealt with the help of super helpful business company registration services of Boston Brooks.
Preserved heritage
Bahrain is a nation with a group of natural and man-made islands, with an abundant number of long beaches, and splendid vistas of the desert. The preserved natural as well as the historical essence of this place makes it a must-visit spot. Taking the benefit of the life culture, you can make sure that no matter what business you open here, there would be a lot of tourists to arrive and buy from you.
The cosmos culture has people from different ethnicities and countries, which makes them take more fun activities rather than spending time with families. This too adds on to the benefit of opening the business.
Amazing fun activities
From indoor Skydiving to Go Karting, from 4×4 Land Rover experiences to quad-bike rides, the country has a lot to offer. The addition of Pearl diving in the list in the World’s First Underwater Theme Park can work for your benefit too. In fact, there are various water activities to explore on its exclusive Islands like- jet skiing, banana boat rides, flyboarding, to name a few. So if you wish to start any brand which would be related to these activities, Bahrain could be your dream destination to invest.
The destination where the best of the world is expected to arrive
In the coming future, Bahrain will have the opening of the World’s Boutique Airport. This should definitely be a solid reason for you to invest anywhere but in Bahrain for the company setup. This is the place where the best events of the world take place, and the top brands come to launch their products and the biggest names of the world throw parties and weddings. The connectivity which the Boutique Airport will offer will be more advanced than the present scenario – which already is superlative.
The perfect amalgamation of tradition and modernity
While the town is immersed in the affluent history of the Dilmun civilization, it has much more to offer. Bahrain has been warm and welcoming towards a modern cosmopolitan lifestyle more than any other place in the Gulf. This is the reason why you could open a traditional boutique for abaya or open a club here, anything under the sun would make profits. There is no specific target audience, and the people simply value the quality of life and spend much on upkeeping the same.
Shopping hub
Apart from being one of the top exporters of oil & pearls, the archipelago holds a lot more than you can think of! People come here with the motive to shop as the international crowd wants to buy the domestic productions which are unique and one of a kind. This could be an exclusive place if you want to get involved in handicraft, apparel, jewellery or any business which is unique to your land.
Bahrain offers the best of both worlds. It provides a business environment that has the benefits of a free zone, such as no taxes and 100% foreign ownership.
Bahrain is home to a large number of the world’s leading companies. The top names include Amazon Web Services, Citigroup, Deloitte, DHL, Huawei, ICICI Bank, Mondelez, Standard Chartered, State Bank of India and others. This provides a clear picture that Bahrain has a huge population to buy from you.
Have these points convinced you to start a business in Bahrain but you are not sure about the company registration requirements which will come your way? Don’t worry! Boston Brooks – can help register your commercial registration (CR), With Limited Liability (WLL), Partnership Company, Sijili (virtual CR), etc. Wish to change something in the existing CR? Add a branch, a partner, change the address? Let us handle it for you against a small fee from the recovered amount. No upfront advance!
