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Located in a bay on the southwest coast of the Persian Gulf, Bahrain is an archipelago of 33 islands covering 741 square kilometres in the Arabian Gulf. It lies east of Saudi Arabia, and north of Qatar.
Renowned for its welcoming, friendly and open environment, it has a population of around 1.41 million people. Just 48% of the population are Bahraini nationals, while the rest are expats from all over the world. While Arabic is the region’s official language, English is widely spoken. It is taught as a compulsory second language in schools, and is widely used in business.
Bahrain is well-known for the lucrative employment opportunities on offer to expats. Salaries are high and there are no personal taxes, while the standard of living is also relatively high. Due to its popularity, this is a very competitive location for employment, therefore you will need sponsorship in order to work here.
There are plenty of reasons to choose Bahrain for employment purposes. The business environment is well acquainted with foreign influence, and there are plenty of attractive incentives available to employees.
Many sectors are thriving here, including banking, finance, Information Technology (ICT) and real estate. Around 114 multinational companies are located here, which remain key drivers in developing Bahrain’s economy. There are plenty of positions available to highly skilled foreigners, and many multinational companies are established here.
Bahrain has a rich and colourful culture, and there is plenty to see and do. It is considered a safe, secure and family-friendly location that takes work-life balance seriously.
With easy access to Africa and the Middle East, Bahrain is strategically located. Its growing economy remains extremely appealing to international investors, together with a supportive business environment and many pro-innovation business policies.
Bahrain offers complete foreign ownership, a favourable tax regime, and a diversified economy. Corporate tax is 0%, while there is no capital gains, estate or inheritance tax in place. Bahrain is renowned for its ease of doing business, with minimal hurdles for establishing and running a company.
In order to set up a company in Bahrain, you will need to gather various documents, including a Certificate of Incorporation, Memorandum/Articles of Association, and a Shareholders’ agreement. You will also need at least two directors and two shareholders, as well as a legal registered address. It takes approximately 12 weeks to complete the company registration process.
Bahrain is a top choice among job seekers from all over the world, and a great place to advance your career. The country’s capital, Manama, is a cosmopolitan city and incredibly popular amongst expats. Many infrastructure and development projects are taking place, including residential, commercial and recreational.
In order to gain employment here, you will need to be sponsored by your employer, who will sponsor you for both a work permit and a visa. You will need to obtain both of these before entering Bahrain. In accordance with the Ministry of Foreign Affairs, your employer will need to file the necessary documents with the Labour Market Regulatory Authority before you arrive in Bahrain.