Our first edition of 2022 focuses on Healthcare and Life Sciences. It is a sector that will once again have the spotlight on it this year as we continue to tackle COVID-19 and its subsequent variants. While the pandemic continues to challenge the sector, governments across the region forge ahead with their plans to expand and upgrade healthcare systems and develop robust world-class healthcare infrastructure.
For the region, healthcare is a vital pillar in diversifying its economies, both locally and as medical tourism hubs. To underpin this, healthcare authorities across the region continue to implement frameworks and regulations that provide structure and accountability.
In this edition, you have unique access to great insights and expert commentary on a number of pertinent healthcare regulatory developments. You will find a topical mix of articles; for example, our lawyers discuss vaccines and returning to work during the pandemic. They take you through several other areas, including stem cell research in Bahrain, clinical research laws in Egypt, and Saudi medical device and pharmaceutical laws.Take a read of the edition
The Ministry of Industry, Commerce & Tourism in the Kingdom of Bahrain (“MOICT”), has announced to all commercial registration (“CR”) holders that new ‘commercial activity fees’ will be imposed. From 1 December 2018, a fixed fee of BHD 100 will be charged for the first three commercial activities undertaken by a registered commercial entity, and an additional fee of BHD 100 will be charged for each additional commercial activity undertaken by a registered commercial entity (over and above the first three commercial activities).
Commercial activity fees will be charged upon any application in relation to amendment or periodic renewal of an existing CR (whichever occurs first). Commercial activity fees will not, however, be applied with respect to the submission of applications to delete branches, removal of commercial activities, bankruptcy or applications for liquidation.
Where a registered commercial entity has multiple branches under the same CR, the commercial activity fees will be calculated on the main CR level and not at branch level. Accordingly, the MOICT will consider all commercial activities of all branches when calculating commercial activity fees. Where a commercial activity is repeated under the CR of one of more branches, such commercial activity will only be counted once.
Where a registered commercial entity is paying commercial activity fees to other regulatory bodies or licensing entities in Bahrain, the MOICT will disregard such commercial activity upon counting the number of commercial activities undertaken by a registered commercial entity.
The MOICT has urged all CR holders to unify their commercial activities, where possible, in order to avoid any additional commercial activity charges. Al Tamimi would be happy to assist you in the review of your commercial activities in line with the MOICT’s guidance, in order to help unify your commercial activities where possible. We are also able to submit applications on your behalf to remove any branches or commercial activities that are no longer required.
If you would like any clarification or to discuss any aspect of this update further, please do not hesitate to contact our team in Bahrain.