Business Travels - Doing Business

Financial Center

London states Bahrain is the fastest growing Financial Center in the Arab world, Asia, and leading in the World, ranking 28th in the index of the world economic forum. Manama has been named the Middle East City of the Future by 2006/2007 by the Financial Times' publication FDi Magazine.  In 2007, Bahrain was named the freest economy in the Arab world by The Heritage Foundation and Wall Street Journal, for the 13th consecutive year - ranking ahead of France, India and China.

Bahrain's economy is exceptional within the Gulf region, the Growing Beyond Oil report, produced by the Conference Board, a not-for-profit research organisation based in the US, highlighted the rapid rise of Bahrain's economy. Finance and manufacturing are among the largest sectors.

19 June 2008: Bahrain's position as a regional leader in international free trade was confirmed today by the World Economic Forum's Enabling Trade Index. The Index - which rates a total of 118 countries worldwide on how well they facilitate the free flow of goods across borders - ranked Bahrain's economy the second most open in the Gulf.

Labour Force

Work Ethic - Bahrain has one of the strongest work ethics in the world.  A dedication to quality and excellence insure a work is performed well and with the grace of Arabic hospitality. Work progresses "on time" and is always well prepared. 

Quality - The heritage of Pearl Diving brought values of teamwork, cooperation, and assessment of quality.  The Famed Bahraini Arabian Horses carefully bred to maintain desired features - trained the skill of selection, and dedication to excellence. These values are deeply ingrained in the population and intersect all of their activities. The famous Bahrain International Circuit was constructed in 16 months and opened in perfection for its inaugural race - for which they won the prestigious Formula One Association Track Safety Award, on a novice track.

Education - A clear commitment by the Government to invest in the areas that generate Bahrain's true wealth and competitive edge, the people of Bahrain; whose education system is another first in the Arabian Peninsula. The allocation for Education is one of the largest expenditures of the in the National budget.

Communication - Bahrainis are all bilingual fluent in native tongue of Arabic, and all speak English very well. There are several who speak other languages as in necessary for the labor industry or international commerce.  The Bahrain International School serves families who desire the finest in primary education. 

Open Markets & Tax Free Growth

Bahrain is a modern Gulf economy, offering a warm and welcoming environment for investors and expatriate employees, extending traditional Arabic hospitality at every level. Bahrain's residents and businesses benefit from the most liberal tax regime in the Gulf - with no personal income taxes, no corporation taxes, no wealth taxes or tax on capital gains, no inheritance tax, and no restriction on repatriation of capital, profits or dividends and few indirect taxes.

A Growing Economy:

Bahrain is the fastest growing economy in the Arab world, the United Nations Economic and Social Commission for Western Asia found in January 2006.

Bahrain also has the freest economy in the Middle East according to the 2006 Index of Economic Freedom published by the Heritage Foundation/Wall Street Journal, and is twenty-fifth freest overall in the world. Bahrain is home to numerous multinational firms with business in the Arabian Gulf.

There are no Exchange Controls on the movement of monies.

Bahrain's currency is the Bahraini Dinar, which is pegged to the US Dollar. (US

Dollars are accepted in most major outlets).

Setting up a business in Bahrain

a step by step guide:

Download a step by step guide that shows and makes you know everything about doing business and investing in Bahrain, Visit http://www.bahraintourism.com/media/pdf/InvestorsGuide.pdf