Click here to read IFLR’s FDI Special Focus 2022.
Contributors from leading Kuwaiti law firm ASAR – AI Ruwayeh & Partners have penned an article about Bahrain’s ambition to attract FDI, considering the factors that make the jurisdiction an attractive one for investors, as well as the limited factors restricting foreign ownership.
Bahrain’s lack of personal or corporate income tax (in most cases), and low VAT regime, is a significant magnet to investment. In addition, Bahrain’s issuance of its FDI Resolution in 2021 could have imposed significant restrictions on foreign ownership, but the list of activities subject to these restrictions is short.
Therefore, as our authors write, “The FDI Resolution represents a bedrock principle for attracting foreign investment into Bahrain and places Bahrain at an advantageous position within the GCC.”
Click here to read IFLR’s FDI Special Focus 2022.