A Limited Liability One-Person Company (LLOPC) in Saudi Arabia allows a single-parent company (rather than an individual) to establish and own a company. This structure provides the benefits of limited liability while maintaining the simplicity of a single shareholder entity.
Benefits of forming a LLOP Company in Saudi Arabia
Single-Parent Company Ownership
The company is owned by a single parent company, which can be a foreign entity.
Limited Liability
The parent company’s liability is limited to the capital invested in the LLOPC, protecting the parent company’s other assets from the liabilities of the LLOPC.
Separate Legal Entity
The LLOPC is a separate legal entity from the parent company, capable of owning assets, incurring liabilities, and entering into contracts independently.
Simplified Management
The parent company has full control over the management and decision-making processes of the LLOPC.
Requirements for forming a LLOP Company in Saudi Arabia
- Parent Company Documents
- Must be attested by the Saudi Embassy.
- Includes business license, Memorandum of association, Last year’s audit report, and power of attorney.
- Required Capital
- Varies based on the chosen business activity.
- Company Name
- Must be unique and compliant with Saudi regulations.
- Shareholder Details
- Includes passport copies and personal information of all shareholders.
Steps to Establishing an LLOP Company in Saudi Arabia
- Attest parent company documents through the Saudi Embassy
- Choose a business name and activities
- Provide shareholder details and required capital
- Obtain an investment license from MISA
- Notarize Articles of Association
- Issue Commercial Registration (CR)
- Register national address and relevant government portals
- Open a corporate bank account
Benefits of Using Arab Dreams for Your LLOP Company Formation
- Streamlined Process:
We handle all legalities and paperwork, ensuring smooth and efficient company formation. - Local Expertise:
Our team’s deep knowledge of Saudi Arabian business regulations helps you save time and resources. - Multilingual Support:
We provide seamless communication in English , Hindi and Arabic, eliminating language barriers.. - Tailored Solutions: We provide personalized strategies aligned with your business objectives.
Next Steps
Unlock the benefits of forming an LLOP (Limited Liability One-Person) company in Saudi Arabia with Arab Dreams. Our experts simplify the process, offering tailored support to ensure a smooth business setup and compliance with all legal requirements. Get started today and enjoy 100% ownership, flexibility, and seamless market entry
Contact Us to Setup Limited Liability One-Person Company in Saudi Arabia