Stage |
Service |
Time to finish |
Cost to client |
Introductory Package |
Visit Visa (per person) |
4 days |
SR 15,000 / Family
SR 12,000 / Single
paid in advance
|
| Meet and greet at airport |
1 day |
| Hotel arrangement (various options at corporate rate) |
3 day |
| Meeting with SAGIA, law firm, accounting firm and bank |
2 day |
| Visit to consulate |
1 day |
| View examples of compounds and schools |
2 day |
| Driving licence |
2 day |
| P.O. Box |
1 day |
| Beach Membership |
2 day |
| Telephone connection |
3 day |
| TV Subscription |
1 day |
| |
Business Licensing and set up |
Initial brief of company set up |
7 day |
SR 55,000 to SR 90,000 of which 75% to be paid in advance and government fees are refundable subject to conditions and terms of refusal of license application |
| Confirm if license to be issued under SAGIA or Ministry of commerce |
3 day |
| Client to view commercial premises and decide |
5 day |
| Complete relevant application form |
3 day |
| Draft articles of association |
|
| Client to issue Power of Attorney to lawyer/ROI rep |
|
| Submit the articles of association to the Ministry of Commerce & Industry for approval and obtain approval of the company name |
|
| Founders sign the articles of association before a notary public |
|
| Publish company name and summary of the articles of association for publication in the local newspaper |
|
| Deposit the initial capital into a bank account to be opened specially for that purpose and obtain required certificate |
3 days |
| Register with the Ministry of Commerce & Industry and Chamber of Commerce |
2 days |
| Register with the Department of Zakat and Income Tax (DZIT) to obtain a file number and a certificate of commencement of business |
1 days |
| Register employer and employees for the General Organization of Social Insurance (GOSI) contributions |
3 days |
| Client signs lease contract for office space |
1 days |
| Set up a P.O. Box |
1 days |
| Visa application for principals |
? |
| Recruitment and HR Consultancy services - intro |
1 days |
| Into to Healthcare Options |
1 days |
| IT Support |
|
| Provision of Office Support |
|
| |
Personal Relocation |
Client/employees view options for residential space |
5days |
SR 4,500 paid in advance |
| Sign lease contract |
1 days |
| Obtain mobile phone |
1 days |
| Register property for utilities |
1 days |
| Internet access for residence |
3 days |
| View schools and decide if necessary |
5 days |
| Register with Consulate |
1 days |
| Set up PO Box |
1 days |
| Car Showrooms tour |
2 days |
| Furniture stores |
2 days |
| Recruitment and HR Consultancy |
|
| City Orientation |
5 days |
| Maids and gardeners search |
5 days |
| |
Sponsorship services |
Client gives brief of business objective |
1 days |
Up to SR 25,000 for the introduction to a partner excluding actual cost of legal fees.
In the event ROI is the established partner then terms will be agreed on a case by case basis
|
| If a sponsor is required ROI can source potential sponsor or ROI can act as sponsor |
14 days |
| Partner agreements drafted if required |
5 days |
| |
|
