In Bahrain, CR stands for Commercial Registration, which is a mandatory business license for companies to operate in the country. While setting up a business in Bahrain, one must be aware of the process of obtaining a CR, as well as how to make amendments or cancellations to it. Cancelling a CR in Bahrain involves specific procedures and requirements, and understanding these steps is crucial for business owners or stakeholders.
Characteristics | Values |
---|---|
Reason for cancellation | Not paying renewal fees, court order, etc. |
Time taken | Approximately two weeks |
Requirements | Submission of required forms and fees to the MOICT |
What You'll Learn
Deleted with payment
A company with the status of "Deleted with payment" may be able to reactivate, depending on the reason for its deletion. If the deletion occurred due to a court order, the company cannot be reactivated. However, if the deletion was due to non-payment of renewal fees, the company can be reactivated.
It's important to note that even if a company with this status is reactivated, any new visas or mobility will not be possible, as the CR won't be active at LMRA. Additionally, all existing visas on the CR will be cancelled after two months.
To change the status of a CR that has been deleted by resolution, the listed shareholders must gather for a General Assembly meeting and vote to close or "delete" the commercial registration from the MOICT records. This process requires a Board Resolution signed by shareholders holding 75% or more of the company's shares. The resolution, along with the payment of all associated fines and fees, must be submitted online.
If a company wishes to cancel its CR without a license, it must file a request with the MOICT, submitting the required forms and fees. This process typically takes around two weeks to complete.
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Deleted by law
It is important to note that the deletion of a CR by law may have implications for the company's operations and ability to conduct business in Bahrain. The company may need to take steps to resolve any violations or issues that led to the deletion of the CR. In some cases, the company may be able to renew or reinstate its CR by addressing the underlying issues and completing the necessary procedures.
If a company is facing deletion of its CR by law, it is advisable to seek professional assistance to navigate the regulatory landscape and ensure compliance with the relevant laws and regulations. Consultancy firms specializing in CR amendments can provide guidance and support throughout the process, helping the company to understand its options and make the necessary changes to maintain its business operations in Bahrain.
Additionally, it is worth noting that the process of deleting a CR by law may vary depending on the specific circumstances and the reason for deletion. In some cases, there may be additional steps or requirements that the company needs to fulfil. As such, it is always recommended to seek expert advice to ensure a smooth and efficient resolution to any issues related to CR deletion in Bahrain.
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Cancelled without a license
If a company wishes to cancel its CR without a license in Bahrain, it must file a request with the Ministry of Industry, Commerce, and Tourism (MOICT). This process involves submitting the required forms and fees to the MOICT for amendments to the Commercial Registration (CR). The expected time to complete this process is approximately two weeks.
A CR, or Commercial Registration, is a mandatory business license in Bahrain that allows companies to officially commence their registered business activities. It is issued by the MOICT following a successful name reservation.
A CR in Bahrain can have several statuses, including "Active", "Active without license", "Deleted with payment", "Deleted by law", and "Deleted by law without license".
If a company's CR has been "Deleted by resolution", it means that the shareholders voted to close or "delete" the commercial registration. This would have been done through a Board Resolution signed by shareholders holding 75% or more of the company's shares. To complete this process, the company would have needed to upload the resolution and pay all associated fines and fees online.
If a company has been "Deleted by law", it is because the company failed to renew its CR.
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CR renewal process
The CR or Commercial Registration is a business license that allows an individual or company to conduct commercial activities in Bahrain. It is valid for one year and must be renewed annually. The renewal process is straightforward and can be done online using the Sijilat platform, the official Commercial Registration portal operated by the Ministry of Industry, Commerce, and Tourism (MoICT).
- Timing: You can submit your renewal application up to three months before the expiration date.
- Sign in: Access the Sijilat platform and sign in using your credentials. You will need your eKey to sign in as the proprietor or partner of your organisation. If you don't have an eKey, you can obtain one by visiting a local e-government centre.
- Select Services: Once signed in, select the "Public Services" menu, then choose "Renewal".
- Enter CR Information: Type your existing CR number without the branch number and click "Search". Then, select the relevant branch and click "Save and Continue".
- Upload Documents: Upload all necessary documents and click "Save and Continue".
- Review and Submit: Review the information you have provided to avoid any errors. Then, select your preferred language for SMS notifications and click "Submit".
The cost of renewing the CR is BHD 50, and the activity renewal fee is BHD 100 for the first three activities, including all branches. Each additional activity after the first three will incur an extra BHD 100 fee. The total CR renewal annual fee for three or fewer activities is BHD 150.
There are also authorised service providers that can assist with the CR renewal process and ensure compliance with MoICT regulations. These companies may charge additional fees for their services.
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CR deletion by resolution
CR stands for Commercial Registration, which is a compulsory business license in Bahrain. It allows individuals or companies to practice commercial activity in the country.
To complete this process, the Board Resolution would need to be uploaded, and all fines and fees associated with the application would need to be paid online.
If a company wishes to cancel its CR without a license, it must file a request with the MOICT. This process involves submitting the required forms and fees, and it takes approximately two weeks to complete.
It is important to note that CR Deletion by Resolution is different from "Deleted by Law," which occurs when a CR is not renewed.
If you encounter any issues or have specific questions about your situation, it is recommended to seek advice from professionals or authorized service providers who are well-versed in Bahrain's regulatory landscape.
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Frequently asked questions
To cancel your CR in Bahrain, you must file a request with the Ministry of Industry, Commerce, and Tourism (MOICT). You will need to submit the required forms and fees to the MOICT. The expected time to complete this process is approximately two weeks.
A CR in Bahrain can have the following statuses: Active, Active without license, Deleted with payment, Deleted by law, and Deleted by law without license.
If your CR is deleted by law in Bahrain, it means that you did not renew it. This can cause issues, such as the cancellation of all existing visas associated with the CR after two months.
If you are trying to cancel your CR in Bahrain and you are getting a message about a violation, you can seek help from a consultancy firm or an authorized service provider. They can assist you in resolving the violation and completing the cancellation process.
Yes, it is possible to reactivate a company that has been deleted with payment. However, this depends on the reason for deletion. If it was due to a court order, then it cannot be reactivated. If it was due to unpaid renewal fees, then it can be reactivated by paying the revival and renewal fees.