KSA 
INDIA 
UAE 
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Limited Liability Company
Subsidiary or LLC Company is the most commonly used, widely popular and the easiest type of company to set up in Saudi Arabia. A subsidiary company is totally or partially held by a holding company. The subsidiary business will be like a separate entity and need not report to the holding company. The process for Limited Liability Company formation in Saudi Arabia requires less time, if all documents are in order. With Analytix, your plans to set up a subsidiary company in Saudi Arabia is sure to be uncomplicated. If you want to expand your foreign business to the KSA, then Analytix could lead the way to success and growth of your limited liability company.
Benefits of Establishing a Limited Liability Company
The Limited Liability Company can perform the same activities as the holding company along with other activities allowing it to expand to the local market.
The Limited Liability Company or the Subsidiary Company in the KSA is considered an individual domestic entity with all the benefits of a local entity.
Limited Liabiliy businesses can own different types of assets making it the best option for foreign businesses when setting up a business in Saudi Arabia.
The Subsidiary Company must abide by the company laws of Saudi Arabia and will have to pay all taxes that are applicable.
Documents Required to set up a Limited Liability Company in Saudi Arabia
Analytix can guide you in submitting the documents to set up an LLC company in Saudi Arabia. Here is the list of documents required:
- Articles of Association or Memorandum of Association
- The Business License of the parent company
- Audit Report of the parent company
- Shareholder’s Certificate, if any
- Copy of shareholder’s passport
- Power of Attorney
Workflow
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
Select your Business Structure
Choose the legal structure for your company, such as a LLC or Branch of a Foreign Company.
Obtain your MISA License
Apply for a MISA License, fulfill the requirements, and obtain approval from the relevant authorities
Reserve the Company Name
Select a unique company name and apply for its reservation through the Ministry of Commerce
Obtain your Commercial Registration
Submit the completed application, along with the supporting documents to MOCI and receive the CR