A Permanent Branch is a conventional branch which would be considered as an extension of the parent office. The minimum start-up capital to satisfy MISA ‘s initial requirements would commonly be approximately SAR 500,000. The main advantages of a Permanent Branch are: Depending on the circumstances, it may be the quickest to establish The formation […]
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Entries by saudiarabiapro
A new Professional Companies Law (following a Royal Degree issued in Sept 2019 and enforced April 2020) will have a direct effect on professional partnerships already in KSA as well as on new entrants to the market. In general, the Professional Companies Law shall form the regulatory framework of the professional sector and governs various […]
Establishment of a company in KSA is either by way of a limited liability company or, less frequently, a joint-stock company. This choice is generally driven by factors such as proposed shareholder numbers, management structure and the proposed activities of the company. Another potential factor is the possible need to include Saudi equity participation for […]