Bahrain Limited Liability Company

A Limited Liability Company – known as company With Limited Liability (WLL) is a company of which partners are responsible for the company debts and liabilities only to the extent of their capital. The minimum number of partner is 1 and the maximum is 50. A WLL cannot engage in banking and insurance activities and cannot issue public shares, negotiable warrants or debentures. 100% foreign ownership is allowed and local operations are permitted. A local office presence is required but there is no requirement for a local sponsor. The minimum share capital is BHD50, the minimum number of directors is one and an annual submission of audited financial statement is required.