Bahrain publishes economic substance guidance for non-regulated commercial activities

Executive summary

The Bahrain Ministry of Industry, Commerce and Tourism (MOICT) has published guidance and frequently asked questions (FAQs) on the economic substance requirements for non-regulated commercial activities.

The guidance applies to entities engaged in distribution and service center, headquarters, holding companies, unregulated leasing, shipping and intellectual property (IP) activities in Bahrain. The guidance sets out the reporting requirements for entities engaged in such activiti…