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…
The branch office in Saudi Arabia is incorporated following the regulations prescribed by the Foreign Investment Law. 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 for certain operations, such as trading activities. Investors interested in how to open a…
Foreign investors who are interested in setting up a company in Saudi Arabia can open a limited liability company, the most common business form chosen for incorporation. The limited liability company (LLC) can be set up with only one shareholder and one director. One of the main advantages of the LLC in Saudi Arabia is that the company’s shareholders are liable for the…
When setting up a company in Saudi Arabia, foreign investors have several options related to the company’s office. They may set up a regular office, by renting a commercial space and hiring employees to work in the respective premises, or they can purchase a virtual office package, which is a recommended option for businessmen…
Foreign investors interested in how to open a company in Saudi Arabia will first need to decide on one of the business forms provided under the local legislation. The manner in which companies are registered and operated in Saudi Arabia is established under the New Companies Regulations, a legal act that became applicable starting with the 2nd of May…
The procedure on how to open a company in Saudi Arabia is more complicated, but with proper assistance provided by our team of specialists in company formation any foreigner can set up a business here, provided that all the requirements are met. To register a company in Saudi Arabia can be different depending on the gender of the applicant as…
