The Bahrain International Airport (BIA) is a dedicated space for aerospace, trade, logistics, and service oriented activities. Located in the heart of the Middle East, the Bahrain Airport is not a traditional free zone as it does not abide by certain free zone regulations. However, it is still a popular jurisdiction for business setup in Bahrain due to its pro-business policies and strategic location. This article offers insights about the details of Bahrain International Airport, such as features, benefits, procedure and more.
Benefits of Setting up a Company in Bahrain International Airport
Entrepreneurs like you can enjoy certain benefits for business set up in BIA. Let us look at them -
- You can have complete control over the company.
- You can avail 24/7 banking services from reputed banks.
- Companies can access advanced infrastructures built to support businesses.
- You can enjoy a tax-free environment, which includes no income or corporate and capital gains tax.
- Businesses can trade in various countries at lower costs thanks to the free trade agreements that are in place.
- You can utilise the bonded cargo terminal and settle payments at your convenience.
Features of Bahrain International Airport
Certain features of BIA are mentioned below -
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Cargo Terminal
The cargo terminal connects Bahrain to numerous countries. With over 200 flights taking off in a week from BIA, businesses based here can easily conduct international operations. Some of the big names operating here are FedEx and Aramex, among others.
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Express Cargo Village
The area offers high-tech infrastructure and hosts a variety of warehouses to aid in large cargo and logistics operations, such as transshipment. The express cargo village is divided into three zones, namely zones A, B and C. Each one is designed to help promote business operations, including import and export, by providing dedicated parking spaces, cargo facilities, and more.
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Cargo Complex
This area is designed to host office spaces that consist of sales representatives, customer support staff, ground staff agents and more.
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Maintenance, Repair, and Overhaul (MRO) Zone
The MRO zone consists of aircraft housing and maintenance buildings, storage facilities, and aircraft parking areas, among other things.
Which Business Activities can be Conducted at Bahrain International Airport?
You can conduct activities such as cargo sales and handling, customs clearance, transshipments, international trade, and logistics operations by setting up your business at Bahrain International Airport.
Documents Required for a Company Formation in BIA
Here is the list of documents that you must submit to the authorities for company registration in Bahrain International Airport :
- Copy of business plan
- Address proof
- Copy of lease agreement
- Copy of security clearance
- Copy of trade name approval
- Passport copies of all shareholders and directors of the company
How to Set up a Business at Bahrain International Airport
Following the steps mentioned below will enable you to set up your business at Bahrain Airport:
Step 1 - Determine the business activity you wish to conduct in BIA.
Step 2 - Select a legal structure as per your business needs among options like Limited Liability Company (LLC), sole proprietorship, branch of a foreign company and representative office.
Step 3 - Choose a unique trade name and get it approved by the relevant authorities by paying the requisite fees.
Step 4 - Lease an office space within Bahrain International Airport.
Step 5 - Prepare necessary documents like the Memorandum of Association (MoA) and Articles of Association (AoA).
Step 6 - Apply for the relevant business license by submitting the documents and paying the fees.
Step 7 -Submit the company registration form along with the required documents to the authorities.
Step 8 - Pay the company registration fees.
How Can We Help?
Commitbiz is a leading business management consultancy in the Middle East focused on providing quality company incorporation services. Additionally, we assist with allied services such as availing visas in Bahrain, accounting and bookkeeping, opening bank accounts, and IP protection. With the guidance of our business setup consultants, you can be assured of a smooth transition into Bahrain’s growing business environment. Contact us to get started!
How long does it take to set up a company in BIA?
It usually takes around six weeks to incorporate your business.
Is it mandatory to have an office space at the Bahrain International Airport?
Yes, however, appointing staff is optional.
What are the requirements for opening a company in Bahrain Airport?
Every business setup in BIA requires at least one shareholder and two directors.