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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
12,173.91 SR
Admission of a Foreign Investor Holding Premium Residency as an Equity Shareholder in an Existing Saudi Service Company in Saudi Arabia (Saudi Partner Is an Individual)
1. Issuing the Investment License in the foreign partner's name
2. Obtaining the Ministry of Investment's approval of the partner's entry
3. Drafting and notarising the share-entry addendum
4. Amending the articles of association to add the partner and his shareholding
5. Updating the Commercial Registration after the change
6. Update Qiwa details within the platforms specified in the quotation
7. Update Muqeem details within the platforms specified in the quotation
8. Update Mudad details within the platforms specified in the quotation
9. Update GOSI details within the platforms specified in the quotation
10. Obtain a visa for the general manager
12,173.91 SR
Incorporation of a Service Company Jointly Owned by a Foreign Investor Holding Premium Residency and a Saudi Individual 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
12,173.91 SR
Full Acquisition of an Existing Service Company in Saudi Arabia by an Existing Foreign Company (Client to Provide the Foreign Company’s Duly Attested Corporate Documents)
1. Issuing the Investment License in the investor's name
2. Obtaining the Ministry of Investment's approval of the ownership change
3. Acquire the existing company in Saudi Arabia at the ownership percentage specified in the quotation
4. Drafting and notarising the share transfer agreement
5. Amending the target company's articles of association
6. Updating the Commercial Registration after the ownership change
7. Update Qiwa details within the platforms specified in the quotation
8. Update Muqeem details within the platforms specified in the quotation
9. Update Mudad details within the platforms specified in the quotation
10. Update GOSI details within the platforms specified in the quotation
11. Obtain a visa for the general manager
12,173.91 SR
Incorporation of a 100% Foreign-Owned Service Company in Saudi Arabia by an Existing Foreign Company (Client to Provide the Foreign Company’s Duly Attested Corporate Documents)
1. Obtain an investment licence for service activities with 100% foreign ownership through an existing foreign company
2. Reserve the trade name
3. Issue and notarise the articles of association
4. Obtain the commercial registration in Saudi Arabia
5. Open the Labour Office file
6. Open 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. Obtain the Zakat certificate
12. Obtain the VAT certificate
13. Register the company’s National Address — SPL
14. Open the Chamber of Commerce membership
15. Obtain a visa for the general manager
12,173.91 SR
Full Acquisition of an Existing Service Company in Saudi Arabia by a Foreign Investor under a Valid Premium Residency Permit
1. Issuing the Investment License in the investor's name
2. Obtaining the Ministry of Investment's approval of the ownership change
3. Acquire the existing company in Saudi Arabia at the ownership percentage specified in the quotation
4. Drafting and notarising the share transfer agreement
5. Amending the target company's articles of association
6. Updating the Commercial Registration after the ownership change
7. Update Qiwa details within the platforms specified in the quotation
8. Update Muqeem details within the platforms specified in the quotation
9. Update Mudad details within the platforms specified in the quotation
10. Update GOSI details within the platforms specified in the quotation
11. Obtain a visa for the general manager
12,173.91 SR
Incorporation of a 100% Foreign-Owned Service Company in Saudi Arabia under a Valid Premium Residency Permit
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
12,173.91 SR
Deregistration of a Company in (Country)
1. Preparing and approving the liquidation or deregistration resolution
2. Settling the statutory obligations in the jurisdiction
3. Deregistering the Commercial Registration
4. Closing the associated statutory registrations
Amendment of an Existing Company in (Country) with Attestation — Apostille Route
1. Preparing and approving the amendment resolution
2. Amending the articles of association
3. Updating the Commercial Registration with the amendment
4. Updating the affected statutory registrations
5. Obtaining the Apostille certificate from the competent authority in the jurisdiction
6. Certified Arabic translation of every document issued in a language other than Arabic
Amendment of an Existing Company in (Country) with Attestation — Ministry of Foreign Affairs and Embassy Route
1. Preparing and approving the amendment resolution
2. Amending the articles of association
3. Updating the Commercial Registration with the amendment
4. Updating the affected statutory registrations
5. Authentication at the Ministry of Foreign Affairs of the jurisdiction
6. Legalisation at the Saudi Embassy in the jurisdiction
7. Certified Arabic translation of every document issued in a language other than Arabic
Acquisition of a Company in (Country) with Attestation — Apostille Route
1. Negotiating the ownership transfer documents
2. Signing and notarising the ownership transfer agreement
3. Updating the Commercial Registration in the new owner's name
4. Updating the statutory registrations in the jurisdiction
5. Obtaining the Apostille certificate from the competent authority in the jurisdiction
6. Certified Arabic translation of every document issued in a language other than Arabic