Business Setup in Saudi Arabia
Streamline Your Business Setup in Saudi Arabia with Our Comprehensive Services
Benefits of setting up Business in Saudi Arabia
Saudi business landscape supports foreign investments. The Kingdom offers
- Ease of doing business
- foreign ownership of businesses100%
- Regulatory and financial incentives
- Fast and streamlined processes
Now is the right time to expand your successful business to the Kingdom
Business setup processes and dealing with government departments might be overwhelming. As your trusted incorporation specialists, we take ultimate responsibility for your business setup and company formation in Saudi Arabia.
Start your free consultation now.
Step-by-Step Process for Setting Up a Business in Saudi Arabia (Pre-Setup Stage)
- Decide on your legal business structure.
- Select your business activities.
- Choose a unique name for your business.
- Partner get a free consultation.
Documents Required for the Pre-Setup Stage in Saudi Arabia
- Parent Company’s Memorandum & Articles of Association.
- Business License.
- Certificate of Incorporation.
- Board Resolution.
- Power of Attorney.
- Attested Copy of the Power of Attorney.
Business Incorporation Stage
- Obtain an investment license from the Ministry of Investment, Saudi Arabia (MISA).
- Get the Articles of Association notarized
- Get your Commercial Registration issued.
- Register your company’s National Address.
- Register with government departments for taxation, insurance, and hiring employees.
- Open your corporate bank account.
Documents Required for Company Setup in Saudi Arabia
- Investment License Application Form
- Notarized Board Resolution with Partners’ Names and Shares of Each Partner’s Capital
- Audited Financial Statements for the last full year
- Articles of Association
- Passport Copies of the Shareholders
- Proof of ID and Proof of Address of Directors and Shareholders
- Attested Copy of the Power of Attorney
Start your free consultation now.
We empower you to establish your company in the Kingdom and expand your business throughout the region
We provide expert guidance on the legal and administrative requirements for setting up a company and support you in running a successful business.
We assist with the incorporation process, registration with government departments for taxes, social insurance, employee recruitment, and obtaining the necessary licenses and permits. Our experienced business professionals and industry experts will guide you through the process, ensuring that all the required steps are completed correctly and efficiently.
Understand the Step-by-Step Post-Incorporation Process in Saudi Arabia
There are various business structures available in Saudi Arabia. We understand the advantages and disadvantages of each legal structure and guide you accordingly based on your specific business activity.
Understand the Difference Between a Branch and a Subsidiary
Al Taqa and Enjaz provide a wide range of services to help you establish the right business structure and grow your business in Saudi Arabia within your desired jurisdiction.
Start your free consultation now.
We Ignite Growth and Sustain Trust
Accuracy and Achievement provide innovative corporate solutions in the Gulf, focusing on expediting business incorporation in Saudi Arabia and delivering an exceptional customer experience
Certified Company
Satisfaction Guaranteed
Precise Builder
Excellent Support
What We Offer
Business Incorporation
We will assist you in registering your business with the relevant government entities and obtaining the necessary licenses and permits.
Visa and Work Permit Assistance
We will help you obtain your employees’ necessary visas and work permits. We also offer employee management services to handle your staff recruitment and help you with Saudization requirements.
Legal Compliance
We will ensure that your company follows all relevant laws and regulations, including labour laws, health and safety regulations, and environmental regulations.
Banking Assistance
We assist you with opening your corporate bank account in Saudi Arabia. We support your business interests by choosing the bank with the best facilities at low tariffs and competitive fee charges, with high-quality reporting, transparency, and customer service. We have close tie-ups and relations with leading banks in Saudi Arabia.
Tax Registration
We will assist you in registering for taxes and ensure that your business complies with all tax laws and regulations.
Operational Support
We provide ongoing support to help ensure the smooth operations of your company. With our unwavering support, your company will grow fast.
Setting Up Business in Saudi Arabia: All You Need to Know
What is the cost of business setup in KSA
We provide flexible options of packages that fit your needs and budget.
Please get in touch with us for more details about our packages or how we can create a custom package for you.
What is the corporate tax in Saudi Arabia
Which Saudi ministries are responsible for setting up a business in Saudi Arabia
- The Ministry of Commerce and Industry (MCI)
- The Ministry of Investment Saudi Arabia (MISA)
Can business activities be combined in Saudi Arabia
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If they are from the same category and under the same license type, they can – you can’t combine two types of licenses in Saudi Arabia (KSA).
How long does it take to set up a business in Saudi Arabia
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Setting up a foreign company or LLC branch typically takes three to six months.
How much time does it take to set up a business in Saudi Arabia
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Setting up a foreign company or LLC branch typically takes three to six months.
What types of business structures are available for foreigners
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Different types of business structures are available with their advantages, requirements, and differing scope of business activities and registration requirements:
- Limited Liability Company (LLC)
- Limited Liability One-person Company
- Joint Stock Company
- Foreign Company Branch
- Solidarity professional company
Which entity options are preferred in Saudi Arabia
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Subsidiaries are a popular option for company setup in Saudi Arabia (KSA). Joint Stock Companies are rare outside of the banking and insurance sectors. LLCs are the most popular independent company type.
Is a local sponsor required to open a branch office in Saudi Arabia
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No local sponsor is necessary to register a business with the MISA. As such, there are no legal disadvantages compared to other local companies.
What are the requirements for a branch office in Saudi Arabia
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Branch offices can engage in commercial activity within the scope of the license and require a minimum capital investment of $133,100 (500,000 Riyals).
What are the required documents to set up a branch in Saudi Arabia
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- Trade license/Commercial Registration
- Articles of Association (AoA) and/or Memorandum of Association (MoA)
- Audited financial statement of the last year
Further documentation can be requested subject to the formation structure.
Is a foreign capital investment required to set up a trading business branch in KSA
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According to the Ministry of Investment (MISA), the minimum capital required to practice wholesale and retail trade activity for foreign companies with 100% ownership is (30) million Saudi Riyals.
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What are the minimum and maximum number of shareholders for an LLC
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Limited Liability Company (LLC) can have one shareholder and is limited to a cap of 50 shareholders.
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What are the requirements for the Saudi Joint Stock Company
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A minimum of two shareholders are required for a Saudi Joint Stock company, and the minimum capital requirement is SR500,000 or SR5,000,000 (in the case of a single shareholder).
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Are there any free zones in Saudi Arabia
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There are 4 Economic Cities, 5 Special Economic Zone and 36 Industrial Cities in Saudi Arabia. All these offer flexible regulations and incentives to foreign investors depending on the business license and type of activity.
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Start your free consultation now.
Our Working Process
01
Strategy and Planning
Incorporation
Bank Account Opening
.
Staying Compliant
Contact
Address: Riyadh, Saudi Arabia
Phone: +966-531-320936
Email: hi@shllink.com
Website: www.sahl.com