Setting up a company in Saudi Arabia means complying with specific requirements and regulations, especially as a foreign investor. This is why the simplest option is to acquire a company that is already registered and through which operations can be started sooner rather than later. Known as shelf companies, such entities can be found…
Foreign citizens who have moved to Saudi Arabia can bring family members provided that certain requirements are met and that they apply for the right type of visa. In this case, the Saudi family visa is the main document to obtain. If you want to move and apply for a permanent family visa in Saudi…
Foreign citizens who enter Saudi Arabia for various purposes need to obtain a visa if they want to stay here for short periods of time. Those who want to live here longer must obtain a residence permit in Saudi Arabia. Also known as the Saudi iqama, this document grants a foreign citizen various…
When looking for a country to do business or work in, the taxation system is one of the most important aspects foreigners consider. From this point of view, Saudi Arabia has all the necessary “ingredients’’ to attract investors and qualified employees at the same time. In Saudi Arabia, the tax system does not imply any…
One of the most important aspects of operating a business is accounting as there are specific regulations that need to be respected and our accountants in Saudi Arabia are here to help. Starting a business in Saudi Arabia implies completing various steps and procedures before and after the company is incorporated. Moreover, not only…
The Value Added Tax (VAT) in Saudi Arabia represents an indirect tax that is levied on all goods and services acquired and sold by a legal entity, with several exceptions. In this article, our company formation consultants in Saudi Arabia give a brief overview of the VAT in this country. We are at your disposal if you are…
Company liquidations in Saudi Arabia are effectuated according to the Regulations for Companies and to the different circulars issued by the Ministry of Commerce and Industry in the country. In this article, our company formation consultants in Saudi Arabia analyze different aspects related to the company liquidation in this jurisdiction. Types of liquidation procedures in…
The banking trend in Saudi Arabia is still developing. Individuals who live here have begun keeping their savings in bank accounts, however, they still prefer to usually pay and receive cash. If you decide to move and open a company in Saudi Arabia or work here, opening a bank account can prove to be extremely…
When a business buys another one, the second business generally becomes a subsidiary. Therefore, a subsidiary is a business that is owned and controlled by another company. The owning company is named a parent or a holding company. In this article, our company formation agents in Saudi Arabia explain different aspects related to opening a subsidiary…
A foreign company applying to register a branch office in this country may receive the right to do so only for specific activities, as the branch office is prohibited from certain operations, such as trading activities. Our team of consultants in company formation in Saudi Arabia can assist with the incorporation of this business form. Quick…
