TSSO

AcronymDefinition
TSSOTwin Switched Socket Outlet
TSSOTRADOC Standard School Organization
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A TSSO may be used where there is a registered commercial agency distribution agreement between a foreign manufacturing entity and a registered Saudi distributor dealing with the local market.
a TSSO may conduct market studies for the company's business activities and prepare reports arising from those studies to the parent entity
not all products are sufficiently complex to require a TSSO
the applicant for a TSSO must be the actual manufacturer of the product, not a downstream supplier
as it does not have licensed objects like a branch, a TSSO cannot perform services outside of local technical support for the registered local distributor
a TSSO is limited in terms of the number of employees with the number set by Saudi authorities;
a TSSO must provide SAGIA with an annual report of its activities
It should be noted that the TSSO structure is not commonly used in KSA, mainly due to the disadvantages listed above and in particular because a TSSO
a Permanent Branch may be the preferred option for a foreign investor that is keen to invest in KSA without being involved in the more complicated process and requirements for a limited liability company but at the same time wants to conduct normal business without the limitations imposed on a TSSO or TCR
This explanation belongs to the same family of ideas as /gais, nlum, tsso and other potencies.
TSSOS also includes a component called the Texas Retail Outlook Survey, which uses information from respondents in the retail and wholesale sectors only.