Business Advisory
Establishing in Saudi Arabia
The Kingdom of Saudi Arabia is one of the hottest investment destinations of our times. The opening up of the economy and the planned diversification of it away from Oil has created opportunities in multiple sectors.
Entertainment, Manufacturing, Tourism are some of them.
GTC is present in Saudi Arabia since 2017 and has extensive knowledge of both Corporate and Tax laws of the Kingdom.
We help companies navigate the complexities of setting up and operating in Saudi Arabia.
Legal Framework
Foreign companies can establish in Saudi Arabia in the following ways:
- 100% Foreign Subsidiary, usually in the form of a Limited Liability Company (LLC)
- Branch of a foreign company
- Partnership with a local company / sponsor
It must be mentioned that not all economic activities qualify for 100% foreign ownership.