(1) Relevant regulations on trade management: According to the Bahrain Commercial Law, non-Bahrain citizens cannot directly engage in commercial activities unless they form a partnership with a Bahraini citizen and the Bahraini party holds more than 51% of the shares. In 2018, Bahrain issued Decision No. 17 on Determining Foreign-invested Enterprises to Engage in Certain Commercial Activities 100%, allowing foreign companies to operate 100% of the shares in the commercial and retail industries (except for automobiles, motorcycles and electric vehicles, heavy machinery, vehicles, weapons, pesticides, alcohol and other activities that require approval from relevant official agencies), provided that the foreign company must conduct business in at least three global markets, have a capital of at least 20 million Bahraini dinars or equivalent foreign currency, invest at least 2 million Bahraini dinars in the first year of its operation in Bahrain, and must be listed on one of the international capital markets. In 2021, the Decision No. (6) on Foreign-invested Enterprises Carrying out Internet Sales Activities was issued, allowing foreign companies with 100% equity to engage in sales activities through the Internet (except for food and beverages, medical supplies and medicines, industrial chemicals, oil and gas, tobacco products, fertilizers and pesticides, heavy machinery, weapons and products requiring approval from relevant authorities), provided that the foreign company's investment in Bahrain in the first year is not less than 50,000 Bahraini dinars.

(2) Import management: Items prohibited from import include: all narcotic drugs (heroin, cocaine, marijuana, and drugs with similar effects), Indian betel nuts and products, second-hand and refurbished tires, cultured pearls, cigarette advertisements, radio and remote-controlled aircraft models, children's toy guns that can fire bullets, goods originating in Israel or printed with Israeli trademarks or logos, printed publications, photos, pictures, books, magazines, sculptures and display models that violate Islamic teachings, etiquette or moral norms, incitement and deception propaganda materials, asbestos and asbestos-containing products, ivory, ivory products and rhino horns, live pigs.

In August 2023, Bahrain issued Decision No. 100/2023, prohibiting the import of 17 animals including four dog breeds and lions, tigers, jaguars, leopards, hyenas, foxes, wolves, crocodiles, baboons, green monkeys, chimpanzees, gorillas, various spider species, snakes, etc.

(3) Investment authority: The government department in charge of domestic and foreign investment in Bahrain is the Ministry of Industry and Commerce. The ministry's investment responsibilities include formulating and implementing foreign investment management policies, promoting investment opportunities abroad, focusing on attracting foreign-funded manufacturing enterprises, as well as industrial company licensing and registration, industrial land management and other matters. In addition, the Bahrain Economic Development Board is a semi-official agency for attracting foreign investment. It is responsible for formulating national and industry development plans, improving Bahrain's investment environment, increasing its attractiveness to foreign investment, and providing information consulting services to overseas investors. After selecting an investment project, investors shall apply for approval procedures at the Bahrain Investors Centre (BIC) in accordance with relevant regulations. The Bahrain Investors Centre is a one-stop service hall dedicated to providing investors with registration, annual inspection, capital increase, change of business operations and consulting services. The Ministry of Industry and Commerce, the Ministry of Municipal Affairs and Agriculture, the Ministry of Housing and Urban Planning, the Ministry of Engineering, the Ministry of Justice, the Ministry of Health, the Ministry of Transport and Communications and other government administrative units all have offices. In addition, there are commercial service agencies such as banks and lawyers.

(4) Regulations on investment industries: In order to encourage foreign investment, Bahrain has a low overall tax burden and basically implements a zero tax policy for general enterprises and individuals, with no income tax, consumption tax, or various taxes in the middle. Investment in exclusive industrial zones can enjoy more preferential treatment, including cheap industrial land, preferential labor measures, exemption from import tariffs on raw materials and equipment, etc., and a certain percentage of subsidies for equipment investment in the project. [Prohibited industries] Gambling industry, brewing industry, drug processing, weapons manufacturing, tobacco processing, and processing, storage or dumping of radioactive waste, etc. [Restricted industries] Industries that are only allowed to be engaged in by Bahraini citizens and companies: fisheries, bookkeeping, accounting services (except auditing), import and export and sales of racing fuel, and customs clearance of goods. Industries that are only allowed to be engaged in by citizens and companies of Bahraini or GCC countries: real estate agency and agency, printing and publishing, film, passenger and freight transportation, car rental, gas stations, agency for government procedures, foreign labor agency, commercial agency, etc. Other restrictions: For commercial and retail industries, Bahraini citizens hold more than 51% of the shares. Enterprises or individuals from GCC countries are not subject to this restriction, but there must be at least one Bahraini investor; for travel agency operations, there must be a Bahraini partner; for clinic operations, they must be Bahraini citizens or citizens of GCC countries who have settled in Bahrain; for drugstore operations, Bahraini pharmacists hold more than 50% of the shares. [Encouraged Industries] In order to promote economic diversification and sustainable development and create more high-quality jobs, Bahrain encourages foreign investment in finance, commercial services, logistics, education, exhibitions, manufacturing, medicine, information technology, new energy, real estate and tourism.