If you are planning to expand your business, then Saudi Arabia is the best choice because of the booming business opportunities here. You can start a branch of your business in the KSA by opening a branch office of the foreign company. This has given immense opportunities to foreign investors to grow their business. A branch office, though it is a separate entity, can do only the same business activities as that of its holding company. Analytix can help you set up your business in Saudi Arabia by guiding you through the process of setting up a branch office of a foreign company and also by supporting you to run the business successfully.
The main benefit of establishing a branch office of a foreign company in Saudi Arabia doesn't need the support of a local sponsor.
Another key benefit of opening a branch office of a foreign company is that you have complete ownership of your business as a foreign investor.
Another key benefit of opening a branch office of a foreign company is that you have complete ownership of your business as a foreign investor.
When opening a branch office, you need not draft new Articles of Association. This helps your business with quick turnover time.
Analytix can guide you through the process of expanding your business by opening a branch of your foreign company in Saudi Arabia with the following Documents
There are a total of 4 steps to complete the full process to establish a legal foreign-owned business set up in the Kingdom under MISA guidelines
Choose the legal structure for your company, such as a LLC or Branch of a Foreign Company.
Apply for a MISA License, fulfill the requirements, and obtain approval from the relevant authorities
Select a unique company name and apply for its reservation through the Ministry of Commerce
Submit the completed application, along with the supporting documents to MOCI and receive the CR