Which is the biggest economy in the Middle East region?

While most people will argue that Saudi Arabia is without a doubt the biggest player in the Middle East, we wish to share our point of view.
By: Healy Consultants Pte Ltd - Singapore
 
March 18, 2015 - PRLog -- We believe if you plan to utilize a manufacturing business and sell in the Middle East, you can invest in Turkey. This large, booming economy boasts twice the GDP of Saudi Arabia, and is home to most industries. Being a developed nation with a cost-efficient workforce, Turkey is a great place to invest in and export to the Middle East.

Turkish business setup is a relatively easy process preferred by large corporations. However, foreign entrepreneurs need to keep in mind the following minimal business setup requirements:

·         A minimum of one shareholder of any nationality or residence;

·         A minimum of one director of any nationality or residence;

·         3 weeks for incorporation;

·         Low minimum share capital required;

That said, many global groups still wish to open their branch in Saudi Arabia. As a prominent cultural and religious centre of the Islamic World, Saudi Arabia boasts high amounts of natural resources and is visited by millions of Muslims every year, promoting religious tourism.

To open a company in Saudi Arabia can be a difficult process, with the following minimal requirements:

·         A minimum of one resident director;

·         51% local shareholding from a Saudi Partner;

·         Up to six months of incorporation;

·         Paid up share capital is advised per SAGIA’s discretion;

For more details on Turkey company formation visit the page below:

http://www.healyconsultants.com/turkey-company-registration/

For more details on Saudi Arabia company formation visit the page below:

http://www.healyconsultants.com/saudi-arabia-company-registration/

About Healy Consultants

Healy Consultants provide a full range of professional services, which include the following:

•          Offshore financial services

•          Accounting and taxation

•          Corporate finance

•          Business start-up services

•          Corporate banking

•          Global marketing services

•          Company formation

•          International trading strategies

Healy Consultants are professionals who offer quality services, which perfectly match the needs of our highly sophisticated clients. We are also proud of the fact that our services are affordable and accessible by our most modest customers.

Our clients have access to an excellent range of quality products and services. We come with rich experience and a global presence, resulting in unique market awareness beneficial to your firm in more ways than one.

For further information:

Mr. Aidan Healy, Business Owner, Healy Consultants

Contact
Petar Chakarov
***@healyconsultants.com
End
Source:Healy Consultants Pte Ltd - Singapore
Email:***@healyconsultants.com
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Tags:#turkey Setup, Saudi Arabia business, Saudi Arabia company setup, Turkey business registration
Industry:Business, Investment
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