The Kingdom of Bahrain offers several opportunities for investors all over the globe, especially in the field of manufacturing and consulting sector. The increase in the number of opportunities leads to an increase in the economy.
The government also supports foreign direct investment (FDI) in various sectors like ICT, financial services, healthcare, manufacturing, logistics, and education. Therefore, you should Invest in Bahrain to reap the benefits.
A List of Business Ideas in Bahrain - An Amazing Opportunity to Start Your Company
Read the below list carefully before investing in Bahrain, The listed sectors are the booming fields in for company formation in Bahrain;
-
Restaurants and Hotels
Bahrain has a higher foreign population, and people who immigrate from other countries wish to try new cuisines. So, an increase in the number of ex-pats leads to an increase in the number of restaurants and hotels.
The development rate of the food and beverage sector is predicted to grow to 6.8 percent CAGR from 2023 to 2027
-
E-Commerce
The Covid pandemic has given a kick-start to e-commerce business in Bahrain. People these days started preferring online shopping over physical shopping.
It is predicted that the e-commerce business will reach $9.2 billion in 2026, so now is the best time to start an e-commerce business in Bahrain.
-
Private Clinic
The UAE private clinic's market value is expected to grow at a high Compound annual growth rate (CAGR) from 2023 to 2027. It is growing due to increasing investments, expanding healthcare infrastructure, and supportive policies from top authorities.
-
Food Truck Business
An increase in the number of ex-pats leads to an increase in the number of food businesses. By 2028 the food truck industry will reach a worth of $5.78 billion.
-
Event Management
Bahrain is the place of events, so it's always the best time to start an event management company in Bahrain. The event management market in Dubai is highly valued, and it is still expanding annually by more than 25%.
-
Construction
The increase in the number of ex-pats leads to an increase in buying and renting properties. So it is never a bad time to invest in the construction sector in Bahrain. According to experts, the construction industry in the United Arab Emirates will rise in value by 3.7 and 4.7% during the next five years.
-
Grocery Store
Food & groceries are the most popular industry group in the UAE, responsible for 47.2% of all retail sales. Hypermarkets, supermarkets, and hard discounters are the main channels for selling food and groceries.
Get a License to Start a Business in Bahrain
Please see the below process to get the license for doing your company registration in Bahrain;
- Send a completed industrial license application form and a copy of your ID card or passport to the Industrial Development Directorate (IDD).
- The application reviewing part plays a major role because a provisional license will be granted only after reviewing the application.
- The applicant should choose an appropriate location for his proposal, such as one of the existing industrial areas.
End Note - Reach Out to Us to Set Up Your Company
For more details, contact Commitbiz, and we'll help you set up your desired business. We are available anytime to help and guide you throughout the process. We provide end-to-end services.
Is Bahrain the best location to launch a business?
Yes, Bahrain is among the top nations in the world to suggest for business startups.
Are foreign entrepreneurs valued while starting a business?
Yes, they do value foreign entrepreneurs who establish businesses here.
Which types of enterprises are advised to launch in Bahrain?
Bahrain supports entrepreneurship in various industries, including restaurants, cleaning services, and boutique shops.
Is the nation's economy secure?
Yes, the country's economy is solid, and its commercial sectors have advanced.
What position does the Baharain hold in the most current rankings for business startups?
It is a recommended country to start a company because it is ranked 42nd worldwide.
