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300.1.3.5 GCC Commercial Non-Banking Companies Residing in Saudi Arabia

No: GDBC-656810000067-1440H

Effective from Jan 01 2024 - Dec 31 2023
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Should a GCC company acquire a commercial register in Saudi Arabia (without investment license issued by the Ministry of Investment), such company shall be treated as a resident company, subject to the same requirements applicable to Saudi resident companies. Consequently, such GCC company shall submit the required documents specified in (300.1.3) above.