- Company Formation
- Register Company for GCC Nationals
Register GCC Nationals Company in Saudi Arabia.
Do you know that the GCC Nationals Company Formation in Saudi Arabia can be much easier and simpler with a strategic business partner by your side?
With Analytix, as your all-in-one business partner, GCC Nationals Company Formation in Saudi Arabia can be effortlessly easier.
Analytix will be the on-ground partner to make it easy for you every step of the way. Our team of experts takes matters into their hands and provides you with proper advice to help you decide the business type, structure, location and many more.
Establishing a GCC Owned Business in Saudi Arabia
For a GCC national looking to start a business in Saudi Arabia, investing in KSA is relatively easy and beneficial. The Gulf Cooperation Council (GCC), a political and economic alliance comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates, provides strong support to its member states. The ease in Saudi Arabia is due to the cooperation of the Public Investment Fund, which ensures that GCC investors receive and enjoy the same benefits and incentives as Saudi nationals.
The foreign investors, particularly the GCC nationals, enjoy the same privileges as those of the Saudi citizens while formulating business entities. It’s up to them to decide on the type of business they’ll do, whether it is sole trader, LLC, or joint stock company. GCC businesses in specific are capable of quickly setting up and successfully operating in the market of Saudi Arabia.
With the business-friendly environment and fertile ground for growth, the kingdom is the best and most suitable choice for any GCC national investors who seeks to establish a business setup in Saudi Arabia from:
- United Arab Emirates
- Saudi Arabia
- Qatar
- Oman
- Kuwait
- Bahrain
Benefits of Setting up Business as a GCC national
The Government of Saudi Arabia offers special benefits to people from GCC countries. These include, exclusive investment possibilities, easy business opportunities across borders, treatment similar to Saudi citizens, speedy company setup and bank account opening.
- Quick and simple setup for GCC nationals in Saudi Arabia with minimal delays.
- Freedom to operate in any sector within Saudi Arabia.
- GCC nationals have no need for a MISA license.
- No minimum capital is needed for trading.
- Lower Zakat tax rate of 2.5% and no need to bear 20% income tax that other foreign investors must pay.
- Flexibility to choose different business structures (like Sole Establishment, General Partnership, LLC, etc).
Types of Companies GCC National can Register in Saudi Arabia.
Types of companies GCC Nationals can register in Saudi Arabia
Limited Liability Company.
- limited liability ownership.
- flexible taxation & operation.
Branch of a GCC Company.
To establish a branch office, you must have an existing GCC company in another country.
- Operates locally in an established region.
- legal & financial leads from the parent company.
Joint Stock Company.
A joint stock company is a legal structure that enables a group of shareholders to come together and jointly establish and manage a joint venture company.
- easy licensing for swift setup.
- Supports and boosts setup of SMEs.
- Payroll outsourcing
- Oversees activities in designated regions.
- Enhances efficiency for MNCs.
General Partnership Company.
- Beneficial long-term residency.
- Attracts foreign talent & investment
- Duty-free benefits & liberal regulations.
- Promotes exports & employment opportunities.
Company Formation Process for GCC National in Saudi Arabia
With proper guidance and personalized support, you can effortlessly establish a GCC national-owned company in Saudi Arabia. Let us now look at the step-by-step procedure to be followed while setting up this business in KSA:
1. Documentation
Our professionals will check your documents and tell you what you need for attestation. We will also help you get your documents attested.
2. Reservation of Trade Name
Your trade name is your business identity. We will help you reserve a trade name in compliance with the government rules.
3. Commercial Registration
As a GCC national, you do not need an investment license from the Ministry of Investment Saudi Arabia (MISA). Upon the completion of documentation process, Analytix will help you get your company registered with the Ministry of Commerce. As your commercial registration will be valid for one year, we will also help you with the renewal.
3. Articles of Association
Analytix then drafts and attests your company's Articles of Association (AoA)
4. Virtual Office and National Address Registration
You need to have an internationally approved national address for your business in KSA. You may open an office in Saudi Arabia, either physical or virtual. If you would like to operate remotely and avoid the costs of rent, choose a suitable virtual office package depending on your needs.
5. HRSD Registration
The Ministry of Human Resources and Social Development (HRSD) gives permission and issue visas for workers to come to Saudi Arabia. We help you register with HRSD so you can hire employees for your business.
6. GOSI Registration
Registering with the General Organization of Social Insurance (GOSI) lets you handle your employees' salaries and keeps track of your company's Saudization quota. Analytix can help you with the GOSI registration process.
How Much Does It Cost To Setting Up a GCC Company in Saudi Arabia?
Get an estimated cost of your company setup in under a minute with our interactive cost calculator
- Why Analytix Arabia?
Establish a GCC Company in Saudi Arabia
Analytix empowers GCC nationals to effortlessly establish businesses in the Kingdom of Saudi Arabia.
From trade name reservation, documentation, business support services and expert team guidance ensures a proper GCC Company formation for gcc national.
- Resources
Our Expertise Towards Various industries.
Manufacturing
Construction
Real estate activities
Events organization
Agriculture and Forestry
Human health and social work
Wholesale and retail trade
Education
Mining and quarrying
Transport and logistics
Travel and tourism
Repair of motor vehicles
Financial and insurance activities
Electricity & Gas supply
Documents Required for Company Registration as a GCC National
Let us have a look into some important documents you need to submit for the process of company registration as a GCC national:
- A legitimate GCC passport
- Proposed Company Name (In Arabic with Arabic meaning)
- National ID
- Proposed business plan, activity and structure
Know more about Setting up a GCC Nation Company?
Schedule a call with our GCC Nation business set-up Specialist
Fayez Koya, Business Development Manager
Register Your Company Anywhere in Saudi Arabia with Analytix.
Register your company anywhere in Saudi Arabia easily with Analytix. More than a decade of experience guarantees an effortless needs-specific business setup in Saudi Arabia.
Dammam
Decided to establish your GCC company in Dammam? Begin your journey with us, we will be your constant support.
Riyadh
If you are aiming to commence your GCC nationals company in Riyadh, the capital, rely on us for business support services
Jeddah
Analytix will be your trusted advisor for easy initiation and on-going assistance of your GCC business in Jeddah.
Get Ready to Start A GCC Company in Saudi Arabia
Get Free Consultation
Other Services We Offer
- GRO Services
- Accounting & Tax
- Company Liquidation & Dissolution
- Trademark Registration
- Factory Setup
- Business Expansion and Restructuring
- PRO Service
- Company Dissolution Services
- FAQs
Frequently Asked Questions
If your question is not addressed here, please feel free to reach out to us. We value your inquiry.
Can a GCC national open a company in Saudi Arabia?
How much does it cost to open a gcc national company in Saudi Arabia?
What is GCC?
What are the key documents required for company registration as a GCC national in Saudi Arabia?
The main documents are a legitimate GCC passport, a business plan, and your proposed business structure. Analytix will help you with the registration documentation to ensure efficient processing.
How long does it take for GCC nationals to register a company in Saudi Arabia?
The registration time for GCC nationals is significantly shorter than that of residents of other countries. The amount of time required depends on the documents needed. Contact us to get the accurate duration for your company registration.
