Acquisition of a Company in Oman to Serve as the Parent Company + Incorporation of Two Subsidiaries, One in (……) and the Other in (……) + Incorporation of a 100% Foreign-Owned Commercial Company in Saudi Arabia
1. Acquire a company in Oman for the client
2. Amend the parent company’s commercial registration in Oman
3. Amend the parent company’s articles of association in Oman
4. Convert the existing company into a subsidiary within the agreed structure
5. Attest the parent company’s commercial registration in Oman 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 Oman 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 two subsidiaries in two jurisdictions outside KSA and issuing their commercial registrations
10. Attesting the subsidiaries' registers per the authority's requirements
11. Obtain an investment licence for commercial activities with 100% foreign ownership
12. Reserving the trade name
13. Drafting and notarising the articles of association
14. Issuing the Commercial Registration
15. Opening the Labour Office file
16. Opening the GOSI file
17. Open the Qiwa account
18. Open the Mudad wage account
19. Open the company’s Muqeem account
20. Open the Zakat and tax file
21. Issuing the Zakat certificate
22. Issuing the VAT certificate
23. Registration with the National Address — SPL
24. Opening the Chamber of Commerce membership
25. Obtain a visa for the general manager
2. Amend the parent company’s commercial registration in Oman
3. Amend the parent company’s articles of association in Oman
4. Convert the existing company into a subsidiary within the agreed structure
5. Attest the parent company’s commercial registration in Oman 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 Oman 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 two subsidiaries in two jurisdictions outside KSA and issuing their commercial registrations
10. Attesting the subsidiaries' registers per the authority's requirements
11. Obtain an investment licence for commercial activities with 100% foreign ownership
12. Reserving the trade name
13. Drafting and notarising the articles of association
14. Issuing the Commercial Registration
15. Opening the Labour Office file
16. Opening the GOSI file
17. Open the Qiwa account
18. Open the Mudad wage account
19. Open the company’s Muqeem account
20. Open the Zakat and tax file
21. Issuing the Zakat certificate
22. Issuing the VAT certificate
23. Registration with the National Address — SPL
24. Opening the Chamber of Commerce membership
25. Obtain a visa for the general manager
39,130.43 SR