Accounting and bookkeeping

Accounting and Bookkeeping in Bahrain

Once a company is trading it has to keep books, meet VAT obligations and pay staff on time. We run that function for companies that do not want an in-house finance team from day one.

Start here

Use the Business Setup Advisor for an indicative route, or speak with a consultant about your specific activity.

Who it is for

Typical situations

  • Newly formed companies without a finance hire
  • Overseas groups needing Bahrain-standard records
  • Businesses approaching the VAT registration threshold
  • Companies preparing for an audit or investor review

Process

How the work runs

Each stage is recorded against your case with an owner and a status, so progress is visible without asking.

  1. 01

    Setup

    A chart of accounts and reporting calendar are agreed.

  2. 02

    Bookkeeping

    Transactions are recorded and reconciled each period.

  3. 03

    VAT

    Returns are prepared and filed within the NBR deadlines.

  4. 04

    Payroll

    Salaries, GOSI contributions and payslips are processed each month.

  5. 05

    Reporting

    Management accounts are issued so you can see where the business stands.

Requirements

Information typically required

Exact requirements depend on the activity and ownership structure. The checklist issued to your portal is specific to your case.

  • Bank statements and transaction records
  • Sales and purchase invoices
  • Employee list with salary details
  • Current commercial registration and VAT status

Questions

Frequently asked

Do we need to register for VAT?

It depends on your turnover against the mandatory and voluntary thresholds. We assess your position and handle registration if it applies.

Can you work alongside our own accountant?

Yes. We can run the full function or handle bookkeeping and VAT while your accountant retains oversight.

Planning to establish in Bahrain?

Start with the Business Setup Advisor, or speak with a consultant about your specific activity and ownership requirements.