Money & BusinessBahrain

Bahrain: Foreign-owned online companies must invest at least BD50,000

HRH Prince Salman bin Hamad Al Khalifa yesterday issued an edict regulating the activities of online companies with foreign capital in the Kingdom.

Accordingly, companies that are wholly or partly owned by non-Bahraini partners are allowed to engage in online selling, provided the invested capital is not less than BD50,000 in the first year.

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Source
The Daily Tribune

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