Qatar-Based Corporation Expands Operations to Saudi Arabia
Cross-Border Business Setup from Qatar to KSA
Services Provided
The Challenge
A successful IT solutions company headquartered in Qatar wanted to expand into Saudi Arabia's rapidly growing digital transformation market, driven by Vision 2030 opportunities. The company needed a legal entity in Riyadh that would allow them to bid on government digitization projects, hire local staff, and transfer some of their Qatar-based team to Saudi Arabia. The client had no prior experience with SAGIA (Saudi Arabian General Investment Authority) processes or Saudi commercial law.
Our Solution
Evaluated the optimal corporate structure options in Saudi Arabia, recommending a Limited Liability Company under SAGIA's foreign investment license framework given the client's planned activities and investment amount.
Prepared and submitted the SAGIA investment license application with a comprehensive business plan, financial projections, and evidence of the parent company's track record in Qatar.
Obtained the Commercial Registration from the Ministry of Commerce, Municipality License from Riyadh Municipality, and registered the company with the General Organization for Social Insurance (GOSI).
Coordinated the transfer of four key employees from Qatar to Saudi Arabia, processing their iqama applications and ensuring the transfer of relevant professional certifications.
Established the company's tax registration with ZATCA (Zakat, Tax and Customs Authority) and set up VAT-compliant invoicing and reporting systems.
The Results
- Saudi Arabia LLC fully operational within 12 weeks, including SAGIA license, CR, and all operational permits.
- Four employees successfully transferred from Qatar with valid iqamas within 3 weeks of CR issuance.
- Company qualified for and submitted their first Saudi government digitization tender within 2 months of establishment.
- First year Saudi operations generated SAR 8 million in revenue, exceeding the business plan projections by 20%.
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