Company Formation Saudi Arabia

COMPANY FORMATION
SAUDI ARABIA

SAFE & TRUSTED COMPANY SETUP SOLUTIONS

EXPERT CONSULTATION

BUSINESS SETUP
SAUDI ARABIA

Set up a 100% foreign owned company in Saudi Arabia. We provide expert company formation solutions that will safeguard and maintain control of your company and group’s presence in Saudi Arabia. Save time and money by setting up your business in Saudi Arabia with Creation Business Consultants.

EXPERT BUSINESS
SETUP IN SAUDI ARABIA

COMPLETE COMPANY SETUP SERVICES

  • 100% control of your Saudi Arabia business
  • Low paid-up capital requirement options available 
  • Guidance on the correct structure for your business needs
  • Physical presence is not required to set-up your KSA company
  • 20+ combined years of KSA company formation, western owned & managed
  • Preparation of corporate documents to establish a Saudi entity
  • All-inclusive registration with licensing authorities
  • Complete General Manager residency (Iqama) visa
  • Assistance with Saudi corporate bank account opening
  • Post incorporation services including tax, accounting, and payroll
  • UK, Irish and Australian Saudi Arabia company formation experts

SAUDI ARABIA COMPANY FORMATION PROCESS JOURNEY


Company Formation Saudi Arabia

PREPARE COMPANY INCORPORATION DOCUMENTATION


Company Formation Saudi Arabia

REGISTER WITH MINISTRY OF INVESTMENT OF SAUDI ARABIA (MISA)

 


Company Formation Saudi Arabia

FINALIZE LEGAL COMPANY DOCUMENTATION – ARTICLES OF ASSOCIATION

 

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Company Formation Saudi Arabia

RECEIVE COMMERCIAL REGISTRATION (CR) LICENSE FOR COMPANY

 


Company Formation Saudi Arabia

SELECT BUSINESS PREMISES & REGISTER NATIONAL ADDRESS

 


Company Formation Saudi Arabia

COMPLETE POST INCORPORATION REGISTRATIONS

 

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Company Formation Saudi Arabia

GENERAL MANAGER (GM) VISITS KSA TO COMPLETE RESIDENCY (IQAMA) VISA

Company Formation Saudi Arabia

REGISTER GM ON THE COMPANY BOOKS & WITH GOVERNMENT AUTHORITIES


Company Formation Saudi Arabia

MEET WITH BANK TO SIGN & APPLY FOR KSA CORPORATE BANK ACCOUNT

 

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SAUDI ARABIA
LEGAL ENTITY
STRUCTURES


THE MAIN FORMS OF LEGAL ENTITIES IN SAUDI ARABIA ARE:

    • Limited Liability Company
    • Branch of a Foreign Company
    • Joint Stock Company 
    • General partnership
    • Technical and scientific services office 
    • The Establishment 

Shareholding structure and paid-up capital requirements will differ depending on business activity and the legal form. 

SAUDI ARABIA BUSINESS SETUP FAQ’S

Engage with expert consultants that will streamline the process and prepare documentation in the quickest possible time. Saudi authorities are improving their company set up systems and processes to attract direct foreign investment. The processing times to register a company in Saudi has been reduced by 50% and the issuance of a Commercial Registration is generated at a greater speed. Having the correct business partners that are up-to-date on the latest licensing processes is critical for your business to be operating in the shortest possible time.

The Saudi government has introduced an incentive to assist with company formation and attract foreign investors. When starting a Saudi company within the first year the initial company registration and set up fees are reduced by two thirds which is appealing to new market entrants. 

It is recommended to seek professional expert services to set up a Saudi company. This will greatly reduce time, costs and streamline the company set up process. Creation Business Consultants experts will guide you towards the right solution to plan and complete all company formation and post company formation formalities. 

It is essential that your consultants have a registered company and staff in Saudi Arabia to assist with this process. 

As an engaged Creation client, we will complete the full company registration for your Saudi Arabia company to be operational in the quickest possible time.  From issuance of the Commercial Registration (CR) from Ministry of Investment and Ministry of Commerce, obtaining Chamber of Commerce membership, opening files, and completing the registration with Ministry of Labor, General Organization for Social Insurance, General Authority for Zakat and Tax. Once your Saudi company set up is completed, we will assist with setting up your Saudi company bank account, obtaining your General Manager Iqama (Saudi residency visa) and employee Iqama so you can start doing business in Saudi Arabia.

Non-Saudi nationals can own 100% of their company in Saudi Arabia. As part of the Kingdom’s Vision 2030 there are many benefits for having an entity and / or its headquarters set up in Saudi Arabia. For more information contact info@creationbc.com to discuss your Saudi company formation plans.

Yes, foreigners can apply to set up a business in Saudi Arabia and have 100% ownership. Saudi Arabian General Investment Authority (SAGIA) / Ministry of Investment of Saudi Arabia (MISA) will issue a business license to foreign investors. However, certain business activities may require Saudi participation in the form of a local partner. Contact a member of our team for your free no commitment consultation on info@creationbc.com.

When starting a business in Saudi Arabia, there are some business activity restrictions that apply to foreigners. Restricted business activities include consulting (non-applicable to certain management consulting activities) medical, military sector, recruitment, oil exploration, drilling and production, real estate investment in Makkah and Madina. The most common licenses we assist with registration in KSA fall under services, trading and industrial. Contact a member of our team for your free no commitment consultation on info@creationbc.com and we will guide you towards the correct business activity for your Saudi company incorporation. 

The first steps towards starting your business in Saudi Arabia involves an initial consultation to understand your needs. Next, we will complete a review of your business profile and put a plan into place to apply for your foreign entity with Saudi Arabian General Investment Authority (SAGIA) renamed – Ministry of Investment of Saudi Arabia (MISA). Once the company registration is completed you will receive the Commercial Registration (CR). Finally, we will complete the post company formation processes and plan the steps towards applying for the company bank account and the General Managers Iqama (Saudi residency visa).

The documents required to set up a Saudi company will vary depending on the company structure. The initial list of documents required (but not limited to) include:

  • Company trade license copy or equivalent (most recent);
  • Memorandum & Articles of Association (include copies of any amendments/changes);
  • Resolution and Power of Attorney (detailing intentions to setup a Saudi entity); and 
  • Shareholder’s, Directors, and authorized signatories’ passport copies.

Creation Business Consultants can complete the Saudi company registration on your behalf. The nominated General Manager is only required to visit Saudi Arabia once the company setup is completed, and the Commercial Registration is issued. During the General Manager visit to Saudi, we will assist with completing the General Manager Iqama (Saudi residency visa) and start the company bank account opening process. 

The investment for establishing a Saudi entity will vary according to the license type, shareholding structure and business activities. For a free no commitment consultation for Saudi business set up contact info@creationbc.com and a member of our team will guide you on the options available, processes and investment.

HOW CAN OUR SAUDI BUSINESS SETUP CONSULTANTS HELP YOU?

Complete assistance with KSA business formation, enabling your business to be operational as soon as possible.

Company Formation Saudi Arabia
Company Formation Saudi Arabia

Expert
Consultation

Company Formation Saudi Arabia
Company Formation Saudi Arabia

Business Review
& Strategy

Company Formation Saudi Arabia
Company Formation Saudi Arabia

Commercial Registration,
Bank Account Opening &
Obtaining Visas.

WHY YOU SHOULD FORM A COMPANY IN SAUDI ARABIA

33.4 Billion
Nominal GDP

33.4 Billion
Nominal GDP

$ 23,570
GDP Per Capita
$ 23,570
GDP Per Capita
3.2 Million
Saudi labor force
3.2 Million
Saudi labor force
33.4 Million
Total Population
33.4 Million
Total Population
$ 230.8 Billion
FDI inward stock
$ 230.8 Billion
FDI inward stock
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