SAGIA or Saudi Arabian General Investment Authority, which is run by the Government of Saudi Arabia, deals with the foreign investment license. The primary aim of this SAGIA/MISA company registration is to ease the process of setting up your business. It helps the business owners to grab the advantage of the foreign investment application within 30 days.
What are the Various Benefits of SAGIA/MISA Company Formation?
Ownership: While having the SAGIA license, the business owner will be the sole proprietor of the business. After successfully having SAGIA/MISA license, a person will get complete foreign ownership of the company. It is very beneficial in preventing future conflicts among the partners.
Eligible for the Loans: With a SAGIA license, a business owner in Saudi Arabia can apply for any loan across the region. A business owner can quickly request loans with the help of Saudi national investors receive.
Company will get Registered: With the help of the SAGIA license, a company will get registered in Saudi Arabia. Then he or she will get a chance to work along with the certified employees and the registered sponsors as well.
Relationship of SAGIA/MISA Company Formation and Taxes
As per the Government of Saudi Arabia, a business owner can get all the below benefits after getting foreign company registration in Saudi Arabia.
- No personal tax to the business owner, who is going to start a business in Saudi Arabia
- A business owner can quickly grab the benefit from all the agreements, which deal with taxation among other countries.
- A person will not have needed to pay more for land, water, power, and other resources.
- Around 50% reduction of tax on the cost, which occurs on annual expenditure hiring & providing training to the Saudi national
- Deduction in the tax slabs for all the industries-related projects.
Benefits of the SAGIA/MISA Company Formation:
When it is to the SAGIA company formation, then there are several service providers that come to your mind. But when you are seeking the best and most genuine services, then the only service provider who can help you is Business Link. We are the best services provider having extensive knowledge about the SAGIA/MISA company registration or business registration in Saudi Arabia. We are also helping new entrepreneurs or innovators who are planning to set up their new businesses in Saudi Arabia to get a SAGIA/MISA Entrepreneur License. This will help you to reduce the obstacles you may face during startup.
Our expert team at Business Link is always available to give the best and most genuine consultation to our customers. We always make sure that our customers will get the best consultation and have the answers to their queries whether it is via online chat, What’s App, or over the phone call.
Advantages of Grabbing SAGIA Services from Business Link
Our SAGIA/MISA services include
- Booking for the commercial name
- Registration of company branch
- Amendment of Company
- Amendment of Sole Establishment
- Studies of articles of association with the new company
- Issuance of Commercial register for subsidiaries of foreign companies
- Renewal of commercial registration of companies
- Review of articles of association with the new company
Looking for a KSA company setup or SAGIA/MISA company registration, Business Link will help you to get the SAGIA license for your business setup in Saudi Arabia. Our team will always be there to resolve all of your major as well as minor doubts related to business formation. We believe that it is clear to you what is SAGIA and how the services from Business Link can be beneficial for you when you are going to start a business in Saudi Arabia.
Read More:
All you need to know about business setup in Saudi Arabia?
What are the special services under SAGIA?
Benefits of Hiring Commercial Agents in KSA?
Frequently Asked Questions For Business Setup in Saudi Arabia
