Expand Your Business to Saudi Arabia
Why KSA?
Located at the heart of the MENA, KSA is considered one of the most aggressively growing markets in the worlds.
1 Trillion
Nominal GDP
$27,941
GDP per Capita
$640 bn
FDI Inward Stock
- Highest GDP in MENA
- Fastest Growing Economy in the G20
What Are The Benefits Of Starting a Business In Saudi Arabia?
Why Now?
What Documents are needed to start?
1
Attest CR of holding
company/certificate of
incorporation
2
Attest financial statement,
Memorandum of Association, &
Article of Association
3
Notarize PoA from a public notary
What We Can Do
For You?
BUSINESS
SETUP
PRO
SERVICES
Our professional services streamline your business operations, from licensing to compliance, ensuring efficiency and peace of mind.
VISA
SERVICES
Navigate the visa process with ease, thanks to our expert guidance on applications and renewals for you and your employees.
ACCOUNTING AND VAT SERVICES
Optimize your financial health with our accounting and VAT services, designed to ensure compliance and maximize profits.
20 Step Setup Process for KSA Expansion
- Stage One
- MISA License - 1 Year
- Name Reservation
- Drafting and Attesting the local Articles of Association (AoA)
- Issuance of Commercial Registration (CR)
- Registration with the Chamber of Commerce (CoC)
- 3 - 5 Weeks
- Basic Package
- Stage Two
- Company Seal
- Register with The Ministry of Labor
- Drafting and Attesting the local Articles of Association (AoA)
- Register with General Organization for Social Issuance (GOSI)
- Register for the National Address
- Issue the GM Visa
- Registration with General Authority of Zakat and Tax (GAZT) and VAT Registration
- 5 - 9 Weeks
- Advanced Package
- Stage Three
- Activate Chamber of Commerce (CoC) account
- Health Insurance
- Medical Check up
- Issue the GM’s Iqama
- Register with Muqeem portal
- Register with Absher portal
- Register with Qiwa portal
- Register with Mudad Portal
- Assistance in Bank account opening
- 10 - 14 Weeks
- Premium Package
Why Invest In Saudi Arabia?
Investing in Saudi Arabia offers compelling opportunities due to its efforts to diversify its economy away from oil dependency through initiatives like Vision 2030. With a population exceeding 36 million, a significant portion of which is young, the country boasts a large consumer base ripe for various industries’ growth. Moreover, its strategic location in the Middle East makes it an attractive hub for businesses aiming to tap into regional markets spanning Asia, Europe, and Africa.
The Saudi government’s commitment to fostering a conducive investment climate is evident through streamlined regulations, incentives, and improvements in the ease of doing business. Additionally, ongoing infrastructure development projects across sectors like transportation, healthcare, and housing present avenues for investment and economic growth. While Saudi Arabia’s political stability relative to its regional counterparts provides a secure environment for investors, prudent risk assessment is still advised given the evolving geopolitical landscape.
FAQs
Are there specific legal requirements for foreign entrepreneurs?
Foreign entrepreneurs in Saudi Arabia must comply with legal requirements such as SAGIA approval, investment regulations, choosing suitable business structures, navigating ownership restrictions, obtaining visas and permits, preparing necessary documentation, adhering to taxation laws, possibly engaging local partners, and seeking legal counsel for guidance.
What is the market like for my business in Saudi Arabia?
The market for your business in Saudi Arabia can vary significantly depending on factors such as the industry, target market, and competition. The Saudi government’s Vision 2030 initiative aims to diversify the economy and reduce dependency on oil, which has led to increased investment in non-oil sectors and initiatives to improve the business environment.
Are there any incentives or exemptions for new businesses?
Saudi Arabia offers various incentives and exemptions to attrac and support new businesses, particularly as part of its Vision 2030 initiative aimed at diversifying the economy and encouraging entrepreneurship
