Doing business in the KSA
Saudi Arabia is a country of unrivalled opportunity. Statistics show rapid growth and spending increases – a dramatic contrast to most other markets. Despite this, there is a perception that to pursue, win and deliver business in Saudi is “just too difficult.”. Our commitment is to allow you to compete and win in the Kingdom.
We provide market-leading advice, services and infrastructure to expedite establishment in KSA and assist our clients to align their business priorities with the Vision 2030 national economic strategy. Often, the most critical of these are focused on job creation and knowledge transfer.
Investment vehicles and structures can take the form of a ‘direct presence’ through the new Ministry of Investment Saudi Arabia (MISA), which was created in February 2020, as the former Saudi Arabian General Investment Authority (SAGIA) was transformed under Royal Decree. It will give SAGIA additional powers enjoyed by ministries to increase its effectiveness in attracting local and international investments.
MISA will perform three crucial functions;
- Improving the Kingdom’s competitiveness for global investment by making it a more attractive investment destination for international investors
- Expanding the value proposition and service quality offered to potential investors
- Offering new investment opportunities to attract both businesses and investors, which can help the Kingdom meet its economic diversification goals
- The main establishment options available for a foreign-owned entity incorporating in KSA are;
Limited Liability Company (LLC) – the most popular form of legal entity for foreign investors
- Branch of a Foreign Company
- Temporary Commercial Registrations
- Scientific and Technical Offices
- Economic Cities
- Industrial Cities
In addition, the investment sector has been separated from the Ministry of Commerce, which was formerly known as the Ministry of Commerce and Investment (MOCI), in a step that confirms the seriousness of the Saudi objective to diversify the economy, involve the private sector in development and attract more investments that add value to the national economy.
The Ministry of Commerce is the regulatory authority concerned with all types of companies. A form of ‘indirect presence’ can also be achieved based on commercial agency or franchise arrangements.
Sovereign Corporate Services
01 About
Landmark Corporate Services provides a comprehensive set of services for company formation and business set-up in the Kingdom, including:
02 Project
Our consultancy practice leads our project delivery capability. Whether it is market research, advice and guidance for an exporter considering business in-Kingdom or a Management Consultant, we have the experience, knowledge and ability to deliver success in Saudi.
- Entity Incorporation
- Market Insight and Research
- Hosted Market Visits
- Bid Support
- Employability and Organisational Design
- Operational Delivery and Change Management
- Programme and Project Management
03 People
We provide a range of resourcing, recruitment and people services that empower and enable our clients. Our people services experts provide companies with tried and tested options to remove the challenges of employing and deploying resources to the Kingdom of Saudi Arabia.
- Labour and Immigration
- Identification and Vetting
- Visas and Onboarding
- Structuring and Resourcing
- Payroll
04 Support
The Landmark Saudi team provides clients with everything they need to ensure both success and comfort in KSA; from accommodation and office space to transport, procurement and corporate services.
- Accommodation Solutions
- Incubator Serviced Offices
- Transport Solutions
- Corporate Services
- Procurement and Communication Services
- Back Office Facilitation
Commercial Services
Sovereign can help clients manage and protect their wealth through our established trust administration services in Hong Kong. Providing a full suite of Family Office services we can also assist with immigration applications and relocation to the UK and elsewhere.
Corporate Services
With Hong Kong’s ideal geographical location and accessibility to international markets and the Greater Bay Area, Sovereign Trust HK is set up to help any company establish themselves in Hong Kong and provide support services to manage those companies. We can assist any entrepreneurial start-up to establishing ESOPS, IPO Trusts and company secretary work for listed companies.
Private Client Services
Hong Kong combines an established, low tax system with a pensions framework that attracts legitimate and transparent pension planning for both local and international clients. The basis of Hong Kong’s corporate pensions’ infrastructure is provided by the Occupational Retirement Schemes Ordinance (ORSO), which established a registration system for occupational retirement schemes that were established voluntarily by employers to provide retirement benefits for their employees.
Landmark Law
World-Class Bespoke Integrated & Versatile Corporate Solutions With A Holistic Approach.
Landmark Law Copyright © Registered 2022
Contact
Get In Touch
British Virgin Islands Office: