If you want to immigrate to Saudi Arabia from Canada, there are various formalities to go through, depending on your duration of stay. For short-term periods, electronic and multiple-entry visas enable Canadians to remain in the country for up to 90 days at a time. If you want to move…
Both local and foreign investors can open recruitment companies in Saudi Arabia. For this purpose, they need to comply with the requirements of the General Investment Authority (SAGIA) and the Ministry for Labor and Social Development. The first is in charge of the company registration procedure, while the second will…
If you want to open a crypto company in Saudi Arabia, you must first register a business and then apply for a special business permit. This is known as the crypto license in Saudi Arabia. Below, our company formation agents in Saudi Arabia explain the procedure of setting up a…
If you wonder how to immigrate to Saudi Arabia from the USA, it is worth knowing that you can apply for several types of residence permits. Moreover, the government has enabled 5 additional visa options for those interested in the premium residence scheme. More about the premium residence visas and…
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 The decision was rescinded a year after the introduction of the value added tax.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…
Even though there are parts of the Middle East and North Africa which have registered a certain degree of political turmoil since the beginning of 2011, Saudi Arabia has kept its stability and foreign entrepreneurs continue to consider it an attractive place to do business in. In this article, our company…
Saudi Arabia is the most developed free market economy in the Middle East and North Africa, accounting for 25% of the total Arab GDP. The country’s geographic location confers a rapid access to the export markets of Europe, Africa and Asia, which make it an attractive hub for foreign investors. As…
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…
The corporate tax rate in Saudi Arabia is set at 20%. The corporate tax rate in this country averaged 24.72% from 1999 to 2016, achieving an all time high of 45% in 1999 and an all time low of 20% in 2006. In this article, our company formation advisors in Saudi Arabia explain different aspects related…
