Business setup in Saudi Arabia
Company Formation and Business Setup in Saudi
Saudi Arabia is rapidly becoming one of the world’s most attractive destinations for business investments. With its Vision 2030 initiative, the Kingdom is diversifying its economy away from oil dependence and fostering a thriving environment for businesses across industries such as technology, tourism, manufacturing, and services. Saudi Arabia is the largest economy in the Middle East and North Africa (MENA) region, with a young, tech-savvy population, increasing disposable incomes, and strong governmental support for economic diversification. Saudi Arabia has reformed its business laws to encourage foreign investments and now, as of November 2024, allows 100% foreign ownership in most sectors of businesses. You can setup Business entities in Saudi Arabia with different types, depending on your objectives and the nature of your business:
1. Limited Liability Company (LLC):
The most popular structure for small and medium-sized businesses.
2. Branch Office
Suitable for foreign companies looking to expand their existing operations.
3. Joint Venture:
Allows collaboration with a local partner for shared ownership and operations.
4. Sole Proprietorship
Ideal for small-scale businesses or freelancers.
5. Foreign Subsidiary:
Fully-owned by a foreign parent company, offering complete control over operations.
Benefits of Doing Business in Saudi Arabia
1. Strategic Location: Saudi Arabia serves as a gateway to the MENA region, connecting Europe, Asia, and Africa.
2. Economic Incentives: Tax breaks, subsidies, and funding opportunities are available for foreign investors in priority sectors.
3. Modern Infrastructure: The Kingdom boasts world-class infrastructure, including transportation, logistics, and telecommunications.
4. Skilled Workforce: Initiatives like Saudization ensure a growing pool of skilled local professionals.
Launch Your Own Company: Expert Business Setup Services in Riyadh
Partner With The Best Business Setup Company In Riyadh For Guaranteed Success
Planning to start a company in the UAE? We simplify the process of business setup services Riyadh with practical, transparent and fully managed services. We can help you with choosing the right legal structure for your company, assistance with bank introductions and visa processing. Let us handle the details so you can launch quickly and focus on growth.
What sets us apart from other company formation consultants in Saudi is that we have exemplary local regulatory experience that would help you choose the best company type based on your activity, ownership needs and long-term goals. We will take care of the entire aspects of the company formation journey – planning, documentation, authority filings, license, and compliance.
End-to-End Business Setup Services Riyadh Services – Our Methodology
1. Entity Selection & Advisory
We recommend the type of business model, based on your market plan – Free Zone Company, Limited Liability Company (LLC), Onshore/Mainland company, or Branch.
2. Trade Licence Application & Registration
Processing trade licences based on type – commercial, professional, industrial, followed by registration with the relevant free zone authority or Department of Economic Development (DED).
3. Local Sponsor & Shareholding Structuring
Securing local sponsorship or service agent agreements where required.
4. Document Preparation, Attestation & Legalisation
Handling every aspect of document preparation, and attesting them so they meet authority requirements – MOA/AOA, shareholder agreements, power of attorney and supporting documents. Coordinating with the embassy and translation services.
5. Office Solutions
As your company formation consultant in Saudi, we provide assistance with setting up the physical office, lease documentation, etc.
6. Bank Account Introduction & Support
Through our company setup and PRO Services Jeddah, we will help you set up bank accounts, and support through the account opening process.
7. PRO & Visa Services
Our business setup services Riyadh liaise with government authorities for company documentation, employee visas, work permits, and approvals.
8. Branch & Foreign Company Setup
Setup of branches, representative offices and branch registrations for companies looking to expand to the UAE.
9. Ongoing Compliance & Renewal Management
Our company formation consultants in Saudi help with annual licence renewals, statutory filings, corporate secretarial support and compliance advisory so there will be no black mark for your company.
Frequently Asked Questions
Using a specialist helps you avoid the risk of going about the process all alone. Because starting a company without understanding the rules can be risky. Our company formation consultants in Saudi bring up-to-date knowledge of mainland and free-zone rules to the table. We can fast track licence approvals, handle PRO interactions, and cover all the steps – bank intro, visas, lease, and trade licence into a streamlined process — so you can focus on business operations rather than paperwork.
The first steps of the company set up will finish quickly, but the time-frame for getting the license, lease agreement, and initial approval—usually takes between 2 to 4 weeks. We prioritize efficiency by pre-vetting all required documents.
Our company formation consultants in Saudi cover everything from choosing where you want to set up your company, and what kind – LLC, Free Zone, Branch, etc. This will be followed up with trade licence application, MOA/AOA drafting, lease registration, local sponsorship arrangements, visa quota and work permits, bank account introductions, and compliance assurance.
Costs vary based on the entity type, licence class, office requirement, visas and any local sponsor fees. Our company formation consultants in Saudi will give you a customized quote that includes government fees, sponsorship/nominee fees (if applicable), office rent estimates, etc. The fee breakdown will be transparent so there will be no hidden charges.
Once your company secures the Commercial Registration (CR) and opens a file with the Ministry of Human Resources, you can apply for an Investor Visa/Iqama.