A separate legal entity governed by the Board of Directors, which is responsible for important business decisions and oversees the general affairs of the company, under the supervision of a panel of auditors. The members of the Board of Directors and the Board of Auditors are appointed and dismissed by the General Meeting of Shareholders. Just like in other countries, there are different types of companies in Saudi Arabia, and foreign investors interested in setting up large companies can choose the joint-stock company if they plan to enter this market. Horizons, as the registered employer of record, assumes all legal responsibility for these employees, including: A WLL in Bahrain is a private company with one or more shareholders; Each of them is liable only to the extent of its respective participation in the Company. A WLL can be owned by a single natural or legal person. WLLs may not engage in banking and insurance activities, nor may they issue shares, negotiable warrants or debt securities to the public. The GmbH is a company for all types of companies with a commercial organization and its own legal personality. The shareholders control the company mainly on instructions from the managing directors. It has a share capital equal to the sum of the contributions in shares to be paid by the shareholders. Only the company is liable to the creditors for the company`s debts. The legal framework allows for an individual foundation to some extent.

A branch is the branch of a foreign company with separate management in Sweden. A branch is not a separate legal entity. A foreign company can only have 1 branch in Sweden. A branch has no independent capital and its assets and liabilities are part of the total assets of the foreign company. It is also possible to establish an entity in 1 of the UAE`s free zones. Companies registered in a free zone may be wholly foreign-owned and UAE participation is not required. The free zone can take the form of a free zone limited liability company (FZ-LLC) or a free zone branch (FZ-Branch). Separate and distinct legal entity.

Headed either by a single director, a non-collegiate board of directors, or a collegial board of directors (if provided for in the articles of association), who are responsible for important business decisions and supervision of the general affairs of the limited liability company. The directors are elected by the shareholders of the limited liability company. The management body may appoint 1 or more persons, who may act alone, jointly or collectively and who shall be responsible for the day-to-day management. If no day-to-day management is appointed by the management body, the day-to-day management of the company is carried out by the director or directors, who in principle have full authority. Separate and autonomous legal personality. Led by a director or management college – shareholder or not – responsible for important business decisions and oversight of the company`s general affairs. Directors are elected by the shareholders for a limited or unlimited period and represent the company alone or according to the statutory terms if more than one director has been appointed. A joint-stock company (JSC) has limited liability and the ability to issue shares for public subscription. The Companies Ordinance regulates SCCs more strictly than other entities. A licence issued by the Minister of Commerce is required to establish a JSC.

Certain types of SCCs can only be registered if there is a licence granted by Royal Decree. These include, for example, publicly leased enterprises that operate public services and receive subsidies from the State, enterprises with State participation, banks and insurance companies. CSCs may issue marketable debt and finance Sukuk in accordance with capital market regulations. When it comes to registered capital, one should be prepared for the establishment of the main types of companies in Saudi Arabia, here are the main aspects to consider: Registering a company in Saudi Arabia to do business seems like a perfect opportunity right now. Before you start, you need to know the different types of business vehicles that can be operated in the Kingdom. It is an administrative body of a multinational corporation and therefore not a separate and autonomous legal entity. It was established to provide qualified services to affiliates, subsidiaries or branches of the multinational company in the Philippines, Asia Pacific and other overseas markets. It is forbidden to offer its services to entities other than those mentioned above. It is also prohibited to directly or indirectly request or market goods and services on behalf of the multinational corporation or any of its affiliates or subsidiaries. It is permissible to derive income from sources located in the Philippines. The limited partnership is a suitable Saudi entity for foreign entrepreneurs who come to this country and are not familiar with the business market here. Since its structure requires at least two members and is a great way to reside, it is suitable for individual investors who want to settle here.

There are mainly 5 types of companies that can be selected to do business under Saudi Arabia`s company law: To set up a business in Malaysia, the first step is to set up a business entity with the Malaysian Companies Commission. There are 2 types of business entities: A dual licensed branch is a branch of an FZ-LLC located on the mainland of the United Arab Emirates. It is not treated as a separate entity, but as an extended part of its parent company. The establishment of a branch with dual license is only possible with FC LLCs registered in certain free zones. It can operate from the same office as its parent company without the need for a separate registered address. There is no limit to the percentage of foreign ownership for this type of business. However, many investors use LLCs to form joint ventures with Saudi partners. The most commonly adopted legal structures in the mainland UAE are limited liability companies (LLCs) and branches (branches). In addition, it is also possible to set up a representative office (also called liaison office), which is a legal structure identical to that of a branch, but its activities are limited to serving as an administrative and marketing center for the parent company (Rep Office).