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Why Start a Business in Saudi Arabia?
Saudi Arabia offers 100% foreign ownership, tax incentives, and a streamlined registration process, making it a top destination for entrepreneurs. How to start a company in Saudi Arabia is a common question for investors looking to tap into this thriving market.
Steps to Start a Company in Saudi Arabia
Choose a Business Type – LLC, Sole Proprietorship, Branch Office, or Free Zone Company.
Obtain a MISA License – Required for foreign investors.
Register with the Ministry of Commerce – Name reservation, notarized Articles of Association (AoA), and fee payment.
Get a Commercial Registration (CR) – Essential for operations.
Open a Corporate Bank Account – Needed for transactions.
Register for Taxes (ZATCA) – Ensure compliance with tax laws.
Obtain Licenses & Work Visas – Industry-specific approvals & employee visas.
Secure Office Space – Physical address is mandatory.
Estimated Costs for Company Formation in Saudi Arabia
MISA License: SAR 2,000 – SAR 10,000
Commercial Registration (CR): SAR 1,200 – SAR 5,000
Legal Fees: SAR 3,000 – SAR 7,000
Why Invest in Saudi Arabia?
Saudi Arabia’s Vision 2030 promotes economic growth with government support, strong infrastructure, and booming industries like tech, real estate, and healthcare.
Final Thoughts
Starting a business in Saudi Arabia is simple and profitable. Follow the steps to ensure compliance and success. Consulting business setup experts can streamline the process.
Need Expert Assistance? Contact our consultancy to streamline your business setup in Saudi Arabia!
