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International Company Formations

Our specialty at Jaxtox Group is helping people all over the globe develop their own businesses. We take pride in our work in the Americas, the Middle East, and other areas, and we make sure our clients are well supported every step of the way.

Kingdom of Saudi Arabia (KSA)

Being at the crossroads of three continents makes Saudi Arabia an important trading post and the world’s top oil producer. Obtaining a Commercial Registration (CR) certificate, registering for taxes with GAZT, and obtaining a MISA Investor License are all necessary procedures in forming a company in Saudi Arabia.

Establishment of Legal Entity

  • Getting the MISA Investor Licence: Get the fundamental license needed to start doing business inside the MISA framework.
  • Creating Local Articles of Association (AoA): Use a legally mandated template to create the AoA, adding particular authority to the general manager.
  • Commercial Registration (CR): Finish all required registration procedures with the assigned commercial authority.
  • Chamber of Commerce Registration: To take use of the resources and wide network of the local Chamber of Commerce for company expansion, join.

Authorisation for Operations and Personnel

  • Purchasing the Company Seal: Getting the official company seal is necessary to validate business operations and endorse papers.
  • Registering with the General Organisation for Social Insurance (GOSI): To offer workers statutory benefits, register for social insurance.
  • Tax and VAT compliance: To fulfill fiscal responsibilities, register for VAT and with the General Authority of Zakat and Tax (GAZT).

Authorisation for Operations and Personnel

  • General Manager Medical Checkup: Complete the health check standards required for residence paperwork.
  • Handling General Manager Iqama: Make it easier for the General Manager to obtain a residency visa, which will allow him or her to live legally and work.
  • Registration with Digital Government Services: Use the portals for Muqeem, Absher, Qiwa, and Mudad to effectively access government services and streamline business processes.
  • Opening of a Corporate Bank Account: To efficiently handle the financial transactions of the business, open a bank account.

The State of Qatar

Qatar, a peninsula on the Persian Gulf that borders Saudi Arabia, is an important transit point between the East and the West. Obtaining a Commercial Registration (CR) certificate, drafting and registering Articles of Association, obtaining licenses, registering for taxes, and obtaining name approval are all necessary steps in setting up a company in Qatar.

Steps for Incorporation

  • Articles of Association (AoA): Draft, have each shareholder sign, then have the Ministry of Justice certify these.
  • Commercial Registration (CR): Send in the articles and company name. Take the CR from the Ministry of Economy and Commerce (MEC). A corporate bank account can be opened with the one-year valid CR.

Obtaining Licenses, Permits & Visas

  • Trade License: Get one from the Ministry of Economy and Commerce (MEC) after Commercial Registration (CR).
  • Employee Residence Permits: To hire staff members, obtain a Department of Immigration Computer Card (Signature Card) designating the company’s authorized signatories.
  • Investor Visa: Provides residency without requiring local sponsorship to foreign investors in particular industries. One must have a medical examination, a certificate of good conduct, and property ownership.

The United Kingdom (UK)

Businesses benefit greatly from the UK’s strategic location, which provides excellent access to global markets through its connections to Europe. Select a business structure, register with Companies House, select directors, secure an office location, pay taxes, establish a bank account, and meet all other legal requirements to establish a company in the United Kingdom.

Initial Setup and Documentation

  • Regulatory Framework: Companies House oversees and the Companies Act, 2006 governs company registration in the United Kingdom.
  • Name Search and Compliance: To be sure it complies with the Trademarks Act and the Companies Act, 2006, search for the name. Verify the chosen name is available.

Registration and Compliance

  • Key Executives and Directors: To handle corporate business, name at least one director who may also be a shareholder. Nomination of a corporation secretary is optional. Fill in the incorporation form with the service addresses of each director.
  • Determine People with Significant Control (PSC): Determine and record the individuals who, as holders of more than 25% of the company’s shares or voting rights. PSC information should be included to the company registration form and PSC register.
  • AoA & MoA: Get the Articles of Association (AOA) and Memorandum of Association (MOA) ready. Every original shareholder signs the MOA, and the AOA controls how the business is run.

Certification and Post-Registration Duties

  • Registration and SIC Code Selection: Select a SIC code for the business that best represents its operations. Online, through an agent, or by mail, apply for company registration with Companies House. Corporation tax registrations can be made concurrently.
  • Post-Registration Tax Obligations: Register with HMRC after the business is formally constituted if you were not enrolled for corporation tax at the time of initial registration.
  • Certificate of Incorporation: Get a Certificate of Incorporation that certifies the legal existence of the business together with its formation date and company number after a successful registration.

United States of America (USA)

U.S. markets are easily accessible from anywhere in the world thanks to the country’s strategic position in North America. Choose a structure, file paperwork, get an EIN, register for taxes, draft agreements, receive licenses, open a bank account, and meet all requirements to set up a company in the US.

Priorities and Choice of State

  • Selecting States with Intent: Think about if your company needs a physical location in a certain state. Create an LLC if that’s the case.
  • Tax Considerations: To simplify tax handling, form an LLC in a state without state taxes, like Nevada, Delaware, or Wyoming, if no physical presence is required.

Legal and Administrative Requirements

  • Filing Formation Documents: To create the organizational structure of your LLC, prepare and submit the necessary paperwork to the state, usually known as “Articles of Organisation” or something similar.
  • Operating Agreement: While not always necessary, outlining ownership and operating processes in an operating agreement might help to reduce future disputes.
  • Applying for an Employer Identification Number (EIN): Apply via mail or fax without a US Social Security number, Individual Tax Identification number, or US mailing address.

FAQs

A valid MISA Investor Licence is necessary to establish a business in Saudi Arabia. It permits firms to legally operate and makes sure they comply with local legislation.

With their residency visa, the General Manager is able to live and work in Saudi Arabia lawfully. It is acquired by the completion of necessary medical examinations and paperwork procedures.

You can easily access government services and streamline company operations by registering with services like Muqeem, Absher, Qiwa, and Mudad.

Businesses can lawfully operate in Qatar after acquiring a trade license from the Ministry of Economy and Commerce (MEC). This is in addition to the Commercial Registration (CR) that is required.

Foreign investors in certain businesses can get investor visas, which allow them to live in the country without the need for a local sponsor. Medical exams, good conduct certificates, and proof of property ownership are all necessities.

A valid Commercial Registration (CR) acquired from the Qatari Ministry of Economy and Commerce (MEC) is required to create a corporate bank account.

Company registration in the UK is regulated by Companies House, while the legal features of company formation are governed by the Companies Act 2006. These are the foundation upon which UK companies are built.

You need to apply for an EIN from the IRS, prepare an operating agreement outlining ownership and processes, and file formation paperwork with the state.

 

The IRS assigns a nine-digit number known as an employer identification number (EIN). Employers and some other individuals without employees can use it to identify their tax accounts.

An LLC’s ownership structure, managerial duties, and operating processes are described in its operating agreement. Having an operating agreement can assist to avoid future disagreements and clarify corporate operations, even though it’s not usually needed by law.

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