Economic Substance Regulation Bahrain
In Bahrain, Economic Substance Regulation (ESR) is an additional consent requirement for businesses which have been registered in the Kingdom of Bahrain.
As a main expert assistance firm with business advisory, money related and administrative consistence and tax functions, SPC WLL has the knowledge and expertise that Bahrain business – both financial and non-financial – should show they meet the ESR’s.
All businesses with a CR in Bahrain need to appraise that they meet with the requirements of ESRs. A few businesses should not be adversely affected, businesses that have set up in Bahrain without moving tasks, dynamic or representatives should direly think about their status. Any Bahraini business with overseas activities or that are essential for a multi-national group or that have transactions with non-resident parties might be affected by the ESRs.
For more information on the best way to impact your business, please contact our experienced consultants.