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New Financial Regulations for Bahraini Commercial Entities

New Financial Regulations for Commercial Entities Introduction to Ministerial Order No. 43 of 2024 The Ministry of Industry and Commerce (MOIC) recently issued Ministerial Order No. 43 of 2024 (the
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Overview of Cloud Computing: Data Embassies and Jurisdiction

Overview of Cloud Computing: Data Embassies and Jurisdiction The rapid adoption of cloud computing is fundamentally altering the management of data and resources. Cloud computing is empowering infrastructures of business
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Inheritance Law in Bahrain

Inheritance Law in Bahrain: An Overview Inheritance law in Bahrain is a crucial aspect of the nation’s legal framework, intricately tied to its cultural, religious, and social values. The laws
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Identifying the Ultimate Beneficial Owner

Identifying the Ultimate Beneficial Owner Ministerial Order No. 83 of 2020 (“Ministerial Order”) requires all commercial entities in Bahrain to disclose their Ultimate Beneficial Owner (UBO) information, except those licensed
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Recruitment Obligations in Bahrain

Recruitment Obligations in Bahrain  Introduction: Embarking on the recruitment process in Bahrain involves meticulous attention to legal obligations spanning various stages, from drafting employment contracts to ensuring compliance with social
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Bahrain International Commercial Court: Transnational System of Commercial Justice

Bahrain International Commercial Court: Transnational System of Commercial Justice On 20 March 2024, a judicial milestone was taken by the Kingdom of Bahrain where a bilateral treaty was signed with
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