Acquisition of a Company in the United Arab Emirates to Serve as the Parent Company + Incorporation of Three Subsidiaries in (……), (……) and (……) + Full Acquisition of an Existing Engineering Company in Saudi Arabia
1. Acquire a company in the UAE for the client
2. Amend the parent company’s commercial registration in the UAE
3. Amend the parent company’s articles of association in the UAE
4. Convert the existing company into a subsidiary within the agreed structure
5. Attest the parent company’s commercial registration in the UAE through the Ministry of Foreign Affairs and Saudi Embassy, or by Apostille, according to the applicable route
6. Attest the parent company’s articles of association in the UAE through the Ministry of Foreign Affairs and Saudi Embassy, or by Apostille, according to the applicable route
7. Attest the parent company’s financial statements prepared by a licensed chartered accountant in its jurisdiction
8. Certified Arabic translation of every document issued in a language other than Arabic
9. Incorporating three subsidiaries in three jurisdictions outside KSA and issuing their commercial registrations
10. Attesting the subsidiaries' registers per the authority's requirements
11. Issuing the Investment License in the investor's name
12. Obtaining the Ministry of Investment's approval of the ownership change
13. Acquire the existing company in Saudi Arabia at the ownership percentage specified in the quotation
14. Drafting and notarising the share transfer agreement
15. Amending the target company's articles of association
16. Updating the Commercial Registration after the ownership change
17. Update Qiwa details within the platforms specified in the quotation
18. Update Muqeem details within the platforms specified in the quotation
19. Update Mudad details within the platforms specified in the quotation
20. Update GOSI details within the platforms specified in the quotation
21. Obtain a visa for the general manager
2. Amend the parent company’s commercial registration in the UAE
3. Amend the parent company’s articles of association in the UAE
4. Convert the existing company into a subsidiary within the agreed structure
5. Attest the parent company’s commercial registration in the UAE through the Ministry of Foreign Affairs and Saudi Embassy, or by Apostille, according to the applicable route
6. Attest the parent company’s articles of association in the UAE through the Ministry of Foreign Affairs and Saudi Embassy, or by Apostille, according to the applicable route
7. Attest the parent company’s financial statements prepared by a licensed chartered accountant in its jurisdiction
8. Certified Arabic translation of every document issued in a language other than Arabic
9. Incorporating three subsidiaries in three jurisdictions outside KSA and issuing their commercial registrations
10. Attesting the subsidiaries' registers per the authority's requirements
11. Issuing the Investment License in the investor's name
12. Obtaining the Ministry of Investment's approval of the ownership change
13. Acquire the existing company in Saudi Arabia at the ownership percentage specified in the quotation
14. Drafting and notarising the share transfer agreement
15. Amending the target company's articles of association
16. Updating the Commercial Registration after the ownership change
17. Update Qiwa details within the platforms specified in the quotation
18. Update Muqeem details within the platforms specified in the quotation
19. Update Mudad details within the platforms specified in the quotation
20. Update GOSI details within the platforms specified in the quotation
21. Obtain a visa for the general manager