As a leading consultancy firm in Saudi Arabia, Oryx World Formation Consultancy is well-positioned to help businesses looking to set up an overseas company in the country. In this blog, we will discuss the process of setting up an overseas company in Saudi Arabia and how Oryx World Formation Consultancy can assist businesses with this process. Setting up an overseas company in Saudi Arabia can be a complex process, involving numerous legal and regulatory requirements. However, with the right guidance and support, businesses can navigate this process successfully and take advantage of the many opportunities available in the country.
The first step in setting up an overseas company in Saudi Arabia is to decide on the legal structure of your business. You can set up a limited liability company (LLC), a branch office, or a joint venture with a local partner. Each of these options has its own benefits and challenges, and it is important to choose the one that best meets your needs.
Once you have decided on the legal structure of your business, you will need to obtain necessary licenses and permits from various government agencies. This process can be time-consuming and complex, but Oryx World Formation Consultancy has extensive experience in navigating the regulatory landscape in Saudi Arabia and can assist businesses with obtaining the necessary licenses and permits. Oryx World Formation Consultancy can also help businesses find the right location for their overseas company.Â
We have a deep understanding of the real estate market in Saudi Arabia and can assist businesses in finding suitable properties that meet their needs.
In addition, we can help businesses comply with local labor laws, such as minimum wage requirements and restrictions on working hours, and provide guidance on the tax registration process.