Organisation : Ministry of Industry and Commerce (MOIC)
Facility Name : SMEs Registration System
Country : Bahrain
Website : https://www.moic.gov.bh/en/sme_services
What is the SMEs Registration System?
It is an online system that allows you to obtain the “SMEs Classification Certificate” which is an official certificate approved by the Ministry of Industry, Commerce and Tourism which indicates the size of your enterprise.
Related / Similar Facility : MOIC Industrial Services System Bahrain
How To Access MOIC SMEs Registration System?
This service enables SMEs to apply for classification certificates according to the size in order to benefit from development initiatives and programs dedicated for their sector.
Steps:
** Go to the above link
** Choose SME registration system.
** Sign in using the electronic key (eKey advanced level).
** Select the enterprise that is desired to be classified by size from the list.
** Choose the desired service.
** Fill in the required information and upload the required documents.
** You will get an alert your request is submitted successfully.
Services with eKey login
You can access this service with eKey.
Submit New Application:
To submit new applications for obtaining SMEs Classification Certificate.
Applications Follow Up Or Generate Certificate:
To follow up on defect applications or to generate SMEs Classification Certificates for approved applications.
Renew Certificate or Renew Closed Applications:
To renew expired SMEs Classification Certificates or to renew closed applications.
Benefits of SMEs Classification Certificate
** The qualification to benefit from the training program to build the capabilities of SMEs in cloud computing
** The eligibility for a discounted rate (interest/profit) rate of 0.5% p.a. of loan pricing from Bahrain Development Bank
** 10% Preference in the biddings for the government tenders & for the auctions of public utilities that are held within the establishment of government departments
** The qualification to participate in tenders set aside for SMEs
** Other initiatives related to allocating a 20% share of the value of government procurement and tenders for SMEs
** Entering the largest SMEs database in Bahrain & be nominated to participate in various events dedicated for SMEs
** Benefiting from the “Export Bahrain” program, which enables the institutionto display its products in the international markets
** Receiving notifications about the latest initiatives & programs and the most important news related to SMEs
** An exclusive discount of 7% on the rates of the health insurance program”Nomu” provided by Bahrain National Life Insurance Company
FAQ On SME’s Development
Frequently Asked Questions FAQ On SME’s Development
What are the main purposes of the Small and Medium-Sized Enterprises Department?
** Creating a business-friendly entrepreneurship environment.
** Coordination between the relevant entities involved in the development of small and medium-sized enterprises and entrepreneurs.
** Participating in training programmes for entrepreneurs.
** Reviewing small and medium-sized enterprises’ current status and highlighting any issues in order to coordinate with the related entities and find appropriate solutions.
** Business Incubators and Accelerators activity licensing and following up on their performance.
** Incubated startups licensing in the incubators.
** Supervising the process of registering SMEs in the SMEs registration system.
** Issuing the SMEs classification certificate.
What are the benefits of obtaining SMEs Classification Certificate?
** 10% advantage in the biddings for the Government Tenders.
** 10% advantage in the biddings for the auctions of public utilities that are held within the establishments of government departments.
** Benefit from the allocation of 20% of the value of government procurements and tenders to small and medium enterprises.
** The services and programs of “export Bahrain” including funding support, credit and training.
** Benefit from the future initiatives of the SMEs Development Board.
What are the registration fees for the SME Registration system?
No Fees.
How long does it take to replay to the applications on the SMEs Registration System?
A response or change of application status is made within one to two working days.
MOIC Contact
SMEs Development Directorate
Address: Bahrain Financial Harbour – Manama
Telephone: (+973) 17568088
Fax: (+973) 17581504
P.O. Box: 5479
Email: sme@moic.gov.bh