Jadeer

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Foreign Company Registration in Saudi Arabia

Expanding your business into Saudi Arabia is a powerful growth strategy. Foreign company registration in Saudi Arabia has never been as easy as it is currently. At JADIR, we deal with overseas investors in all legal and administrative procedures.

Saudi Arabia is a vibrant economy. It is a tactical entry point to the MENA region. Need to know the exact channels a company should take when going cross-border company. It guarantees full adherence to the local foreign ownership law. We secure your MISA license.

Pathways for Foreign Business Entry

Establishing a Local Subsidiary (LLC)

This is the popular method of international business setup. You establish a new independent Saudi Limited Liability Company (LLC).

  • Benefits: It is a way of limited liability. The assets of your parent company are insured. It is seen as a localized organization. This may prove beneficial in the field of contracting and partnerships.
  • Process: This is a complete foreign company registration in Saudi Arabia. This comprises approval of the MISA license. It involves registration by the Ministry of Commerce.

Registering a Foreign Branch Office

A branch is not a legal entity. It is a continuation of your existing overseas investors. The parent company is completely liable for the actions of the branch.

  • Benefits: The process of branch setup is accelerated. Makes you run under your already established international brand. Apposite to companies that are undertaking certain contracts for the government.
  • Process: It involves the appointment of a local Service Agent. This is a Saudi corporation or person. It involves the acquisition of a foreign investment license.

The Step-by-Step Registration Process

This is a process that we handle for overseas investors. We make sure that it is precise at all levels.

Pre-Application & Licensing

  • Activity Verification: Your business activity is verified. We confirm that it is not less than 100% foreign-owned.
  • MISA License Application: We submit it to the Ministry of Investment (MISA). This is the most important initial approval for overseas investors.
  • Name Reservation: We register your name of company name. And or branch name with the Ministry of Commerce.

Documentation & Legal Formalities

  • Document Attestation: We provide the process of attestation of the parent company documents. This is comprised of the Certificate of Incorporation and the Board Resolution.
  • Local Agreements: We prepare and sign the necessary local documents. In the case of an LLC, this is the Articles of Association. This is the Service Agent Agreement for a branch setup.

Final Registration & Onboarding

  • Commercial Registration: We present the entire dossier to the Ministry of Commerce. We acquire the official Commercial Registration(CR). This happens to be your business license.
  • Chamber of Commerce & Tax Registration: Filling in your info to the Chamber of Commerce. We incorporate your organization with the Zakat, Tax, and Customs Authority (ZATCA).
  • Banking Setup Support: We make the necessary company papers. We make introductions to the major Saudi banks. This provides your corporate account without any hassles.
  • Visas & Licenses: We help you get your business visas and Iqamas. We get any operating permits, which are either municipal or sector-specific.

Understanding Foreign Ownership & Tax Laws

The Saudi law is very conducive to overseas investors.

  • Foreign Ownership Law: The Negative List has been radically decreased. The majority of economic sectors are now allowing 100 percent foreign ownership. This is in the absence of a Saudi partner. We check your specific activity under the latest regulations.
  • Tax Framework: Corporate net income tax is a 20% flat rate. Personal income tax does not exist. Value-added tax (VAT) is 15 percent. These consist of payments to non-residents. Our advisors make it clear to you that you know about all obligations in the beginning.

Local vs. Foreign Ownership: A Clear Comparison

Depending on the origin of your company, the rules are vastly different.

  • Saudi-Owned Companies: It is a form of company that may be established by Saudi or GCC citizens. They stand a normal registration procedure with the Ministry of Commerce. No license for foreign investment is needed.
  • Foreign-Owned Companies: They will need a foreign investment license from MISA. They have to adhere to the attested document requirements. This is one of the benefits of the new foreign ownership law.

This is a vital difference. There are certain requirements for a foreign company registration in Saudi Arabia. We assure that your application has been processed as per the MISA license.

Why Partner with JADIR for Your Registration?

Foreign company registration in Saudi Arabia is a complicated process that requires understanding. A small mistake can make it a month of delay.

End-to-End Management

We become your one-stop solution. We handle any liaisons with the government. We are connected between MISA and the bank.

License & Compliance Experts

Our experts make your MISA license and CR applications impeccable. This ensures swift approval.

Strategic Advisory

We consult with regard to the best structure. This is on the basis of your long-term plans for international business setup.

Ongoing Support

We assist even after the registration. Our services are tax filings, license renewals, and HR support.

Start Your Saudi Expansion with Confidence

This applies to a cross-border company. The investment climate is created in a manner that encourages overseas investors. Allow the complexities to be addressed by JADIR. We are dealing with foreign company registration in Saudi Arabia.

We are the ones offering the knowledge to obtain your foreign investment license. We ensure that we abide by foreign ownership law. We provide useful banking establishment services. We shall give you a roadmap for coming into the market.