Company setup Saudi Arabia

Company formation experts in UAE


Saudi Arabia, which is primarily an oil-based economy, has a strong international image for being a business-friendly country. The country is a member of various international organisations, including the World Trade Organization (WTO), the G20, the Gulf Cooperation Council (GCC), and the Organization of Petroleum Exporting Countries (OPEC), and it has a plethora of investment prospects. The most popular non-oil business areas for setting up a company in Saudi Arabia include construction, real estate, healthcare and life sciences, education, energy, chemicals, information technology, and industrial manufacturing.

Business structures in Saudi Arabia:

According to Saudi Arabian company legislation, the following business formats are available for company setup in Saudi Arabia:

  • Foreign investors are most likely to incorporate branches of a foreign corporation.
  • Joint ventures
  • Joint stock company
  • Limited partnership
  • General partnership
  • LLC

Steps for setting up company in Saudi Arabia:

To establish a corporate branch office or form an LLC, you must wait three to six months for the Saudi Arabia Ministry of Commerce and Industry to issue a commercial registration. The process of setting up business in Saudi Arabia includes the following steps:

  • Acquiring investment licence from Saudi Arabian General Investment Authority (SAGIA).
  • Notarizing the memorandum of association
  • Making the initial deposit into a local bank account
  • Enroll with the Department of Customs
  • Registering with the Department of labour
  • To make administrative and financial operations for your company organisation easier, register with the Mudad Business Portal.
  • Reservation of the company name, as well as the submission of the AOA, articles of association, and other other papers.
  • Making a payment for the registration of a company.
  • Obtaining a registration number from the General Organization for Social Insurance (GOSI).
  • Creating an account with the Chamber of Commerce.
  • Obtaining a municipal permit.
  • Creating an account on the computerised Qiwa HR portal.

For registration with government entities, all documents required related to company setup in Saudi Arabia for submission must be translated into Arabic.

According to the Foreign Investment Act, all non-Saudi nationals are permitted to invest in the Kingdom and can invest in minority, majority, or 100% foreign-owned companies. However, according to the government's "negative list," many areas are off-limits to foreign investment. Therefore, setting up business in Saudi Arabia is off-limits at places that are on the negative list.

The sectors that aren't on the list should be considered accessible to foreign investment. Non-Saudi corporations have the same chances as Saudi companies under the Saudi Foreign Investment Act. Saudi law allows for the expropriation of foreign-owned assets only in exceptional circumstances. The Kingdom allows people to acquire land and companies to sponsor their employees.

Our experts specialized in company setup in Saudi Arabia at Probity will help you setting up business in Saudi Arabia. We'll make sure your KSA operations, business activities, and ambitions for future company growth are all in order. Our aim is to make the process of setting up company in Saudi Arabia smooth and effortless.

We provide a variety of business establishment and post-KSA services in company setup in Saudi Arabia. We will help you in setting up business in Saudi Arabia from beginning to end, focusing on your KSA business goals and delivering efficient, cost-effective strategies and solutions to get your KSA company up and running, complete with staff onboarding, Iqama, visa, and a KSA corporate bank account.

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