Setting up a GCC company in Saudi Arabia is only for GCC nationals. This is a unique investment opportunity by the Saudi Government for investors from other GCC countries. By starting a GCC company in the KSA, the GCC nationals get all the benefits that are given to Saudi nationals. They can visit Saudi easily and can set up their trade or service business here within a limited time period as compared to the long approval time period or any delays that normally happens for other foreign investors. If you are an investor from among the GCC countries and want to set up a business in Saudi Arabia, Analytix can walk you through the process Seamlessly.
A GCC company can be set up by GCC nationals only and can enjoy all the facilities and benefits as that of a Saudi national.
GCC nationals can easily start their business in Saudi Arabia as the setup The process is trouble free and it can be done without much delay.
The GCC national need not take the SAGIA license and is also exempt from paying the 20% income tax that is levied on other foreign investors.
There are several government-funded programs and initiatives in place to support and encourage foreign investment in the country.
Analytix can ease the work of setting up a GCC 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