Shura reviews companies law


By Mohammed Al A’Ali 

Companies in Bahrain could be set up in a more dynamic fashion to continue competing with international rivals on a level playing field.

The 2001 Commercial Companies Law is once again under intense scrutiny by the Shura Council’s financial and economic affairs committee with plans to give it a fresher cutting edge.

The legislation has been amended five times over the past five years with Bahrain aiming to keep pace with new company concepts.\

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