Important Facts:
  • With access to an economy worth $2 trillion by 2020, our position at the heart of the Gulf makes access to every market in the region quick and efficient – by road, air and sea.
  • Unlike any other Gulf country, Bahrain has a fully liberalised telecommunications sector. As a result, Bahrain is ranked the 18th freest economy worldwide, and the freest economy in the MENA region.
  • Bahrain hosts more financial institutions than any other in the Gulf, with over 400 licensed by the Central Bank of Bahrain.
  • Bahrain has the region’s most liberal business environment, with no corporate income tax, no personal income tax, no wealth tax on capital gain, no withholding tax, few indirect taxes.
  • Bahrain is the only country in the region that has no ‘free zone’ restrictions as the whole of Bahrain is considered a free zone.
  • Bahrain is the only country in the region that is offering 100% foreign ownership of business assets and real estate in most sectors.

As the Gulf has developed rapidly over the past 50 years, organisations from all over the world have made Bahrain their home in the region. Attracted by Bahrain’s open environment, proximity to the Gulf’s major economies and competitive costs, they have helped to turn Bahrain into a service centre for the Middle East.

Additionally, the Bahrain Chamber of Dispute Resolution (in partnership with the American Arbitration Association) provides commercial and governmental users contracting in the Gulf and beyond with solutions for rapid and effective resolution of economic, financial and investment disputes.

Asset Management and Asset Administration in Bahrain

Bahrain is a leading asset management centre in the region, having been initially established in the 1980s, with the first Bahraini-domiciled fund being launched in the Kingdom in 1984. Bahrain’s regulatory system and financial services infrastructure enable asset managers to meet increasing demand for managed funds, from both institutions and individuals.

Anticipating investor demand, the CBB issued a new regulatory framework in June 2007 for collective investment undertakings. This broadened the range of products asset managers could offer and the style of funds that could be managed, including alternative investment funds. Burgeoning private wealth is fueling needs for private banking and wealth management products.

Bahrain’s regulatory environment provides international banks with an ideal platform for conducting global business in an efficient and uncomplicated manner.