Incorporation of a Service Company Jointly Owned by a Foreign Investor Holding Premium Residency and a Saudi Company in Saudi Arabia
1. Obtain an investment licence for service activities with 100% foreign ownership
2. Reserving the trade name
3. Drafting and notarising the articles of association
4. Issuing the Commercial Registration
5. Opening the Labour Office file
6. Opening the GOSI file
7. Open the Qiwa account
8. Open the Mudad wage account
9. Open the company’s Muqeem account
10. Open the Zakat and tax file
11. Issuing the Zakat certificate
12. Issuing the VAT certificate
13. Registration with the National Address — SPL
14. Opening the Chamber of Commerce membership
15. Obtain a visa for the general manager
2. Reserving the trade name
3. Drafting and notarising the articles of association
4. Issuing the Commercial Registration
5. Opening the Labour Office file
6. Opening the GOSI file
7. Open the Qiwa account
8. Open the Mudad wage account
9. Open the company’s Muqeem account
10. Open the Zakat and tax file
11. Issuing the Zakat certificate
12. Issuing the VAT certificate
13. Registration with the National Address — SPL
14. Opening the Chamber of Commerce membership
15. Obtain a visa for the general manager
12,173.91 SR