YK CompanyYK Company

Service companies

A company for service activities such as consulting, maintenance, technology and marketing.

About this service

The most common formation route. It suits service activities such as consulting, maintenance, IT, marketing and restaurants. We agree the right legal form with you and handle registration, the commercial registration and the platforms until your company is ready.

How we do it

  1. 1A consultation to define the activity and legal form.
  2. 2Foreign company: If you do not have a foreign company with financial statements for its last fiscal year (in practice, at least one year old), we acquire an existing company for you in one of the countries we work in.
  3. 3Preparing, attesting and translating the shareholders’ or parent company’s documents.
  4. 4Registration with the Ministry of Investment for foreign investors.
  5. 5Commercial registration and articles of association.
  6. 6Opening government platforms and handing over the company.

What it includes

  • Choosing the legal form and activity
  • Acquiring an existing foreign company where needed
  • Ministry of Investment registration where needed
  • Commercial registration and articles of association
  • Company government platforms

Need a foreign company?

We acquire existing companies in Sweden, Türkiye, Canada, the United Kingdom, the United States, the UAE, Kuwait, Oman, Egypt, Yemen and other Arab countries. Feasibility, timing and cost depend on the country and your case.

Advantages

  • Covers many activities that are in demand.
  • Full foreign ownership is available for many service activities.
  • A clear process that is mostly online.
  • No need to wait a year to set up a foreign parent company: we acquire an existing one for you.

Drawbacks

  • Some activities need an extra approval from a sector regulator.
  • Operating licences such as Balady and Salama are a separate step after formation.
  • Attesting the parent company’s documents abroad can take time outside our timeframe.
Service companies | YK Company