Bahrain is the ideal location for manufacturers to set up their base in product manufacturing as Bahrain offers many advantages such as
- Having no corporate income tax and personal income tax
- The cost of setting up and running a business in Bahrain is 20% to 35% cheaper than other GCC countries
- Labour Fund (Tamkeen) offers investment grants
- Low industrial land lease rates with no additional fees or services
- The cost of living in bahrain is lower compared to other GCC countries
- Subsidized interest rate on financing facilities offered by the labor fund (tamkeen)
Bahrain’s location sets it apart for its fastest time to reach the saudi market and being close to other GCC countries thereby allowing companies to easily supply to GCC countries and the MENA region.
Bahrain offers manufacturers a favorable business environment as Bahrain offers:
- 100% foreign ownership in manufacturing and distribution without free zone restrictions
- Manufacturing, raw materials importing, plant machinery equipment and spare parts are exempt from custom duty
- Wide duty-free access - Bahrain offers duty-free access to the key economies of the GCC, USA, Singapore, all 14 Arab Countries, Norway, Switzerland, Iceland and Liechtenstein.
Bahrain offers opportunities to move equipment and goods and products easily :
- Shortest transit time between seaport, airport and industrial zones in the gulf
- Khalifa bin Salman port is the most efficient port in the region and has the fastest custom clearance than any county in the GCC
- Khalifa Bin Salman Port offers the fastest customs clearance of any country in the GCC
- Bahrain has high-standard industrial zones designed to meet the needs of tomorrow’s businesses.