Initiate the path to your flourishing GCC national company in Saudi Arabia.
A GCC national company, or Gulf Cooperation Council national company, refers to a business entity established within the member states of the GCC. These nations comprise Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. GCC national companies play a vital role in the region’s economic landscape, fostering local entrepreneurship and contributing to the diversification and growth of their respective economies through various sectors, such as finance, energy, construction, and technology. We’re here to make things easier and provide insights to ensure your experience is successful and hassle-free.Why KSA?
Giga Project
Saudi Arabia’s Vision 2030 propels over 4,000 Giga Projects with a USD 4 trillion investment, transforming key sectors for sustained economic growth and innovation.2034 Fifa World Cup
In 2034, Saudi Arabia will stand as the exclusive host for the FIFA World Cup, taking the sole responsibility for hosting this renowned tournament.Major Projects
Saudi Arabia’s major projects like NEOM, Qiddiya, Roshn and the Red Sea Development showcase the country’s dedication to innovation and sustainable growth.Fast growing markets
Saudi Arabia is witnessing rapid growth in both its technology and tourism sectors, driven by substantial investments and a strong appetite for innovation, mainly aimed at attracting visitors worldwide.World’s largest sovereign wealth fund
Saudi Arabia’s massive sovereign wealth fund drives economic diversification and global investment, underpinning the nation’s financial security and global influence.Free Consultaton
Kick-start your business now!
If you’re ready to establish your GCC national company in Saudi Arabia, we’re your experienced partners and reliable consultants. We aim to ensure a seamless entry into the Saudi market, allowing you to focus on your core business. Navigating the complexities of setting up a GCC national company can be daunting. Rely on Helpline Group, your trusted experts in Saudi business ventures, to guide you. Contact us today to begin your journey and discover our wide range of services. Your success in Saudi Arabia is our utmost priority!The procedure of setting up a GCC national company in KSA
- Choosing Your Business Name: Define your organization’s formal and unique identity, ensuring legal compliance and creating a solid brand presence.
- Legalizing Articles of Association: Validate the official acceptance of your Articles of Association to ensure their legitimate and authorized status.
- Completing Commercial Registration: Formally enroll your business to participate in lawful commercial endeavors.
- Listing with the Chamber of Commerce: It is mandatory to register with the Chamber of Commerce.
- Filing with the Ministry of Labor: Businesses in Saudi Arabia must register with the Ministry of Labor, ensuring compliance with employment laws.
- Issue General Manager’s Visa: GM needs swift approval for a residence permit and visa, with the MLSD managing essential labor documentation.
- Enrolling the National Address for Your Company: Establish an authorized business address for inclusion in government records.
- Listing with Qiwa portal – Human Resources & Social Development: Qiwa platform enhances Ministry of Human Resources & Social Development services, optimizing electronic solutions for the labor sector.
- Enrollment with Zakat, VAT & Corporate tax: Businesses in Saudi Arabia must register for tax compliance with the Zakat, VAT & Corporate tax.
- Company seal
- Listing with Muqeem portal: Muqeem streamlines residency data management, ensuring real-time coordination with Saudi authorities for efficient entry and exit processes.
- Filing with Absher portal: Access 279+ services for Saudi residents, from appointments to passport renewals, ID cards, driver’s license, and more—all in one convenient application.
- Enrollment with General Organization for Social Insurance: Enroll with the General Organization for Social Insurance for worker welfare.
- Establishing Your Business Bank Account: Establish an exclusive bank account for business-related financial transactions.
What makes us unique?
With a 25-year legacy, Helpline Group is a trusted consultant for GCC national company formation in Saudi Arabia. With a global presence our steadfast dedication to excellence ensures a swift, precise setup. Our team of 300+ professionals is committed to guiding you at every stage. With 10 branches worldwide and an international network allows us to offer seamless and accurate services, making establishing your GCC national company in Saudi Arabia a smooth and efficient process.Testimonials
"Helpline Group stands as the cornerstone of our national enterprise's triumph in Saudi Arabia and across the GCC."
ROWAN MATHEW
Helpline Group's consultants are akin to finding hidden gems within the GCC corporate landscape.
BALJEET SHARMA
"Helpline Group's consultants are true innovators in the GCC national company formation field within Saudi Arabia. Their inventive approaches have paved the path to our achievements in the Kingdom."
HAMEEM TALLIM
Frequently Asked Questions
No, GCC nationals are not required to have an investment license from the Ministry of Investment Saudi Arabia (MISA)
Yes, a GCC national company can expand its operations outside of Saudi Arabia. However, the regulations and procedures for setting up and operating in other countries may vary.
Yes, GCC national companies can hire foreign employees in Saudi Arabia. However, there are certain regulations and procedures to be followed, such as obtaining work visas and complying with the Saudization requirements.
Yes, a GCC national company can expand its Yes, local banks provide financing options, and securing a local banking relationship is often part of the business setup process.
One would be obligated to pay Zakat if they are a business operating within Saudi Arabia or any GCC state that meets the residency criteria and specified conditions of the country and on shares of Saudi shareholders of mixed companies.
The calculation of Zakat amount involves several steps.
- Filed Zakat Returns are taken into consideration
- Zakat obligation is approximated by considering the filed returns
- Zakat Base is calculated by GAZT using the formula: sum of total funding sources – fixed assets and similar items = Zakat Base.
- Zakat Base encompasses the overall funding sources, excluding fixed assets and similar items.
Yes, some expenses are allowed to be deducted from the Zakat Base. All common and essential expenditures necessary for the operation can be subtracted based on the following criteria:
- The deductible expenditure must be supported by relevant documents which would allow GAZT to examine.
- Expenses should be directly associated with the business activity, avoiding inclusion of personal or unrelated pursuits.
- In case expenses include those of capital nature, capital expenses will be added with fixed assets and calculated with standard percentages.
No, an employee’s contribution, be it pension, social insurance or savings funds, cannot be deducted from Zakat base by the establishment.
Non-resident GCC companies are required to pay taxes at a rate of 20%, after undergoing a capital gains assessment, when selling all or part of their shares in a Saudi company.
A GCC National Company is one of the best choices for GCC Nationals. The easy setup process makes it an attractive option. Call us today to know more details!
