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Business Setup In Saudi Arabia

Jassim Karadan

Jassim Karadan

Senior Business Consultant

Streamline Your Business Setup in Saudi Arabia with Our Comprehensive Services

J K specializes in Business Setup in Saudi Arabia, with extensive experience across both the UAE and Saudi Arabia

Benefits of setting up Business in Saudi Arabia

Saudi business landscape supports foreign investments . The Kingdom offers:

  • Ease of doing business
  • 100% foreign ownership of business
  • 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.

Step-by-Step Process for Setting Up Business in Saudi Arabia (KSA)

Our consultants take you through the complete business setup process and provide you with up-to-date information so you can start your business compliantly in Saudi Arabia.

Pre-Setup Stage

  1. Partner with J K Management Consultancies  to get a free consultation.
  2. Decide on your legal business structure.
  3. Select your business activities.
  4. Choose a unique name for your business.

Documents Required for Pre-Setup

Prepare the following documents

  • Parent Company’s Memorandum & Articles of Association
  • Business License
  • Certificate of Incorporation
  • Board Resolution
  • Power of Attorney

Business Incorporation Stage

  1. Obtain an investment license from the Ministry of Investment Saudi Arabia (MISA).
  2. Get the Articles of Association notarised.
  3. Get your Commercial Registration issued.
  4. Register your company’s National Address.
  5. Register with government departments for taxation, insurance and hiring employees.
  6. Open your corporate bank account.

Documents Required for Company Setup in Saudi Arabia

  • Investment License Application Form
  • Notarised 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

Corporate Setup in Saudi Arabia

Starting a business in Saudi Arabia requires careful consideration of several key factors, including obtaining the Commercial License in Saudi Arabia and an Industrial License in Saudi Arabia, depending on the nature of your business. One crucial aspect of business setup is hiring a PRO (Public Relations Officer) or GRO (Government Relations Officer) to navigate the local bureaucracy and handle government-related procedures efficiently. 

J K Management Consultancies provides a wide range of services to help you establish the right business structure and grow your business in Saudi Arabia in your desired jurisdiction.

We Ignite Growth and Sustain Trust

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Excellence Support

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.

The corporate tax for foreign investors is 20% annually of the net profit. The corporate tax (Zakat) for GCC nationals is 2.5% of the net profit annually.
 
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).
 
Setting up a foreign company or LLC branch typically takes three to six months.
 
 
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Start your business in Saudi Arabia with J K Management Consultancy.

From licensing to setup, we provide expert guidance to help you establish and grow your venture in the Kingdom’s thriving economy. Your success is our priority

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