CBS COMPANY

Commandite By Shares Company

C.B.S. Company 

Commandite Partnership by Shares Is a limited partnership company by shares that consists of two categories of partner, one of which is that of joint partners who are jointly liable to the extent of all their property for the company’s obligations, and the other category is that of silent partners who are not liable for the company’s obligations except to the extent of their shares in the capital. The capital must not be less than (BD 20,000) Twenty Thousand Bahraini Dinars.

Features

%

Foreign Investment

  1. Limited liability – there are two categories of partners: limited partners or shareholders and partners with unlimited liability (joint partners)
  2. Banking and Insurance activities are not allowed
  3. Local operations are allowed
  4. Local office presence is required
  5. Minimum share capital required is BD 20,000
  6. The minimum number of partners and promoters required is 4
  7. Minimum number of directors required is 2
  8. An external auditor is required
  9. Local sponsor is not required
  10. 100% foreign ownership is allowed

Required Documents

  • Company registration application form.
  • Draft memorandum & articles of association.
  • External entities pre-approval (depending on the activity).
  • Capital deposit certificate (after preliminary approval).
  • Financial Auditor’s report or evolution letter for in-kind capital (if any).
  • CPR copy for Bahraini partners and expatriates, passport and visa pages copies for non-Bahrainis.
  • Original, stamped & signed no objection letter from the current employer for Bahrainis employed in the private sector (signed by the owner of the Establishment or from the company’s authorized signatory).
  • An original bank reference and CV for non-GCC nationals.
  • Original educational qualifications and experience letter (depending on the activity).
  • Copy of commercial registration certificate.
  • Copy of memorandum or Article of association and its amendments (if any) for foreign companies.
  • Latest audited financial report if the company is at least one year old.
  • Board of directors or general assembly resolution to be a shareholder in the company

All documents concerning foreign companies have to be authenticated from one of the options below:

  • The authorized party, theMinistry of Foreign affairs and the Embassy of Bahrain at the country of origin (or)
  • The authorized party, the Embassy of the concerned country in the kingdom of Bahrain, and the Bahraini Ministry of Foreign Affairs.

Our Company Formation Process

  • STEP 1

    INITIAL MEETING

  • STEP 2

    PROPOSAL

  • STEP 3

    CONTRACT

  • STEP 4

    DOCUMENTATION

  • STEP 5

    STUDY/RESEARCH 

  • STEP 6

    APPLICATION OF CR

  • STEP 7

    COMPLETION OF CR

  • STEP 8

    MOA/AOA 

  • STEP 9

    CAPITAL

  • STEP 10

      COMPLETION OF LICENSE 

Benefits of Outsourcing your clearing works to

Arabian Document Clearance

We guarantee a considerable reduction in the cost of your Document Processing and Clearing
Enabling you to devote more time to your core wealth creation activities. Usually, it takes 3 to 14 working days to register a company with MOICT in Bahrain But sometimes it might take more time if some approvals are needed for some specific business activates.
One point of contact for all services
Our computerized client database system stores all essential information including all renewal dates for your licenses, visas, registrations. We act for you on time and avoid you incurring any penalties.
All your document processing is hassle-free because we pick up and deliver the document to your office after clearing from Government Departments of Immigration, Labour, Economic, and Municipalities.
With us, you are always up to date with all latest Government initiatives, rules, and regulations.
As a part of an international conglomerate we always have considerable resources at our disposal. We are able to match resources required to maintain the quality of service you expect even when your business is growing at supersonic pace.
Guaranteed
You get detailed breakdown and receipts of all Government charges and expenses

Need Advice?
Call us for free consultation: 38805822

Our CBS Company Formation Service starts at:

BHD300.000

 

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 Foreign Investor? want a 100% ownership?

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