Not many places in the world are ideal for setting up a business as is the case with Bahrain. If you want to do business in Bahrain, then rest in knowing that you’ll get going without feeling the heat. After all, the Kingdom takes a Team Bahrain approach to helping businesses set up and then thrive for years to come.
This is made possible through the cooperation of different organizations working to support companies. And this simple guide will help you know more about such companies before you do business in Bahrain. Read on:
Bahrain Economic Development Board
The purpose of the Bahrain Economic Development Board is to guide each new or expanding company, small or large, through every simple step of the investment journey. The EDB team is always ready to help each entrepreneur or company pursue local or global business opportunities from Bahrain.
EDB provides a dedicated account manager, who will work with businesses on all fronts of setting up in Bahrain and beyond. They also work with companies already operating in Bahrain to identify solutions to operational problems that may come up, or openings that support their business development.
Tamkeen
The Bahrain Labor Fund, Tamkeen offers support to businesses in employing and training Bahrain workers, not forgetting supporting the development of entrepreneurs. It also works with educational and training institutions across the Kingdom including. University of Bahrain, Bahrain Polytechnic, and Bahrain Institute of Banking and Finance.
Regulators
As a single jurisdiction with a well-established track record, Bahrain provides high quality regulation that allows businesses to thrive for many years. The regulators are well established and experts in the field, allowing them to move quickly and swiftly to support the development of new sectors.
The above are merely some of the organizations you should consider turning to when you want to do business in Bahrain. That’s not to mean settling on one for the sheer sake. As a rule of thumb, take it upon yourself to look into what each organization offers before deciding on your next step of action.
By | Alina Mark |
Added | Jan 23 '23 |
The Wall