Expert Hunter

DOING BUSINESS IN SAUDI ARABIA IN 2017 We are Since 2003,  PLC has been efficiently and effectively assisting our Clients with  i)  Saudi Arabia business registration  ii)  business licensing  iii)  Saudi Arabia business banking solutions  iv)  visa options and staff recruitment strategies and  v)  workspace rental solutions.  Summary 100% SAGIA LLC 51% LLC National LLC Fast business setup solution Commercial Agency Agreement Also known as دة مسؤولية ذات ش دة مسؤولية ذات ش N/A N/A تفاقية وكالة Best use of company? All products and services All products and services All products and services Close a customer deal now Manufacturing and export trading How soon can you invoice Clients/sign sales contracts? 9 months 9 months 2 months 2 months 2 months How soon can you hire staff? 9 months 9 months 2 months 2 months 2 months How soon can you sign a lease agreement? 2 months 2 months 1 month 1 month 2 months How long to ...

Qatar Science and Technology Park (QSTP) is the only industrial free zone in the country. The Zone aims to attract companies that develop, transfer and commercialize technology. Existing tenants include multi-national companies like Chevron, Cisco, GE, Microsoft, Rolls-Royce, Tata, ExxonMobil, Vodafone, Shell and Williams F1. Advantages Setting up Qatari business in the QSTPSetting up Qatari business in the QSTP QSTP resident companies can be 100% foreign owned; Companies licensed in the QSTP are not subject to any taxes in Qatar. Furthermore, licensed companies will not pay custom duties on import/export of goods; While it is mandatory to rent a free zone office at a low rent, it is not necessary to hire local staff; QSTP licensed companies are encouraged to partner with Qatar branches of reputable universities like Cornell, Georgetown, Texas A&M and Carnegie Mellon with regards to R&D activities; QSTP companies are allowed to work outside the zone without an agent; ...

PRE-INCORPORATION STEPS Prior to incorporating in Qatar, our Client i) settles Healy Consultants’ Qatar business registration fees ii) signs and returns our Client engagement letter and iii) provide us all the required due diligence documents; Healy Consultants drafts a detailed Qatar corporate setup engagement project plan, mapping out by week each step to Qatar business registration engagement to completion, optimizing transparency, and setting Client expectations; Healy Consultants assists our Clients determine i) what type of Qatar corporate registration entity is required ii) what class of business license is required iii) how a Qatari national sponsor will help iv) banking and cash flow considerations and v) employment visa strategies; If a 51% local shareholder is required, Healy Consultants provides our Client detailed due diligence information about the nominee. A detailed legal shareholders contract is signed between our Client and the Qatari national, clearly defining r...

Middle East has been the global leader in the oil sector for many years and has still a significantly impact in the entire region. To reduce the dependence on the same and diversify their economies, the Government welcomes foreign company registration in the service sectors providing them with incentives that varies from country to country.; Middle East and its geographical position is a good way to serve Europe, Africa and Asian markets at the same time. Dubai is the perfect example of tax exempt headquarters for the Middle East and Africa (MEA); Middle East has several countries with no corporate taxes such as Kuwait, UAE or Bahrain. However, income generated from these entities may be subject to personal income tax in our Client’s country of residence; Saudi Arabia remains the largest Arab market and is one of the world’s main trading nations in terms of goods and services. Saudi Arabia still depends on imports for most of its manufactured items and many of its food industry. Con...

  UAE Qatar Jordan Israel Lebanon Our ranking in order of preference 1 2 3 4 5 Summary at a glance Total year 1 engagement set up costs? US$22,000 US$30,914 US$34,595 US$13,500 US$17,860 Total year 2 costs (incl. audit and tax)? US$9,850 US$6,600 US$14,620 US$6,300 US$11,100 Our Client must travel during the engagement? No No No No No Total engagement period? 2 months 3 months 3 months 4 months 3 months Corporation tax rate on net profits (click link)? 0% 10% 20% 26.50% 15% Average monthly skilled labor salary (click link)? US$3,500 US$2,590 US$1,000 US$2,300 US$600 Average monthly office rental per sq m? US$40 US$40 US$27 US$25 US$34 Average monthly warehouse rental per sq m? US$25 US$28 US$20 US$9 US$25 Must be a 51% shareholder for trading business Yes Yes No No No Must be a 51% shareholder for services business No No No No No English language proficiency % of population? 70% 50% 45% 85% 40% Inc...