GlobalX Advisors

GCC Company Formation guide

Setting Up in the UAE, Saudi Arabia, or Bahrain

Free zone or mainland, the licence types on offer, and what changes once Corporate Tax applies to the entity.

The GlobalX Advisors teamUpdated September 15, 20261 min read

Free zone vs mainland

Ownership rules, where you can trade, and which structure a given business model actually needs rather than the one that sounds more familiar.

Licence types across the three jurisdictions

Trading, professional, and industrial licences, and how the requirements differ between the UAE, Saudi Arabia, and Bahrain.

Corporate Tax and VAT registration

What the UAE's Corporate Tax regime and Saudi Arabia's ZATCA filings mean for a newly formed entity from its first year of trading.

Bank accounts and local presence

What banks ask for before opening a corporate account, and the substance requirements that follow once the entity is operating.

Written for general guidance. Thresholds and deadlines differ by jurisdiction and change often, so check your own position with an advisor before acting on it.