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Thinking of expanding your business to the Middle East? Wondering how to do business setup in Saudi Arabia? You’re in the right place. Saudi Arabia, with its Vision 2030 plan, is welcoming foreign investors like never before. From tax benefits to a booming economy, the Kingdom is a hotspot for entrepreneurs looking to grow.
Why Choose Saudi Arabia?
Before diving into the process, let’s talk about why Saudi Arabia is ideal for business:
- Strategic location at the crossroads of three continents
- Low taxes and multiple investment zones
- Full foreign ownership in many sectors
- Government support for startups and SMEs
Step-by-Step: How to Do Business Setup in Saudi Arabia
Choose Your Business Activity
Your company activity will decide the type of license and approvals needed.
Decide on the Legal Structure
Options include LLC, branch office, joint stock company, and more.
Register with MISA (formerly SAGIA)
Foreign investors must obtain a license from the Ministry of Investment Saudi Arabia (MISA).
Reserve a Trade Name
Choose a unique and meaningful company name to register with the Ministry of Commerce.
Get Approvals and Licenses
Depending on your activity, extra approvals from government departments may be required.
Lease Office Space
A physical address is mandatory for the registration process.
Register with Government Authorities
You must register with ZATCA (for VAT), GOSI (for employee insurance), and other authorities.
Open a Corporate Bank Account
After obtaining the commercial registration, open a bank account for transactions.
How We Can Help
At J K Management Consultancies, we specialize in business setup in Saudi Arabia. From document preparation to licensing, we handle it all saving you time and headaches.
