The Saudi General Authority of Zakat and Tax (GAZT) has eliminated the requirement for non-resident companies to choose a local fiscal representative for VAT filing purposes. The decision was rescinded a year after the introduction of the value added tax. However, the appointment of such an agent remains an option…
Setting up a Special Purpose Vehicle or SPV in Saudi Arabia implies registering a business with the intention of separating the assets held by company from the liability it bears in connection to them. A SPV company in Saudi Arabia is usually used for financial operations and resembles a holding…
Foreign companies can use several legal forms to operate in Saudi Arabia, among which the branch and subsidiary. However, when first choosing to test the market or having a local contact point, the Saudi liaison or representative office is a better temporary option. This is also known as a technical…
Taxation in Saudi Arabia is quite unique, as various changes have been introduced. Among these, the value added tax is one of the most important. However, it is important to note that the government does not impose any tax income. This simplified the payroll system in Saudi Arabia quite a…
Employee relocation in Saudi Arabia is subject to the same requirements applicable to any worker coming to render their services to a Saudi employer. This means that intra-company transfers are not covered by specific regulations. However, there are also certain exceptions to this this rule. Below, our Saudi company formation…
