Simplify Your Business Setup in Saudi Arabia (KSA)
with 100% Foreign Ownership.
Without Hassle, Delays, or Confusion
Expandway is your strategic leader for business setup in Saudi Arabia. Company formation is made easier with us for a promising corporate future.
Company Formation | 100% Ownership | No Local Partner Required
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MISA Verified
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500+ Clients Served
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5-Star Google Reviews
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100% Success Rate
Why Setting Up Business in Saudi Arabia (KSA)?
Saudi Arabia’s economy is one of the largest in the region and the second-fastest growing in the world. Economic stability, supportive government policies, and strategic reforms under Vision 2030 make Saudi Arabia an attractive destination for business. The country boasts several high-growth industries in special economic zones, including manufacturing, IT, construction, tourism, and retail.
Saudi Arabia’s Vision 2030 aims to reduce the economy’s dependence on oil by fostering growth in non-oil sectors. This ambitious transformation is supported by various incentives for business investors. The Kingdom’s strategic location at the crossroads of Europe, Asia, and Africa offers unmatched connectivity to key global markets, further enhancing business opportunities.
For those considering setting up business in Saudi Arabia (KSA), Expandway is here to streamline your business setup process, making it both stress-free and quick. Whether you are an aspiring entrepreneur or an established company looking to expand into new markets, Expandway stands as your ideal partner, offering expert guidance and local insight to ensure a smooth transition.
Strong Economic Growth
Saudi Arabia’s economy is growing fast, recording 4.4% GDP growth in 2024
Tax Benefits
0% personal income tax and only 20% corporate tax for foreign companies
Massive Infrastructure Investment
$1 trillion planned for transport, digital and city projects planned by 2030
Booming Foreign Investment
$14.5 billion recorded in foreign direct investment in the first nine months of 2024
Business Setup in Saudi Arabia (KSA): Key Aspects You Need to Know
Starting a business in Saudi Arabia (KSA) offers many opportunities, thanks to the Kingdom’s evolving economy and Vision 2030. Understanding the key aspects of business licensing, GCC company formation, Foreign company formation, and sector-specific regulations is crucial for success. By navigating these elements, you’ll be better equipped to establish your business in Saudi Arabia and position it for success in the local market.
Requirements for Expanding Your Business in Saudi Arabia (KSA)
Expanding your business into Saudi Arabia offers incredible opportunities for startups and established companies alike. Below are the essential requirements you need to fulfill, categorized for startups and established businesses.
For Startups:
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Commercial Registration:
Must be attested by the Ministry of Foreign Affairs (MOFA) and the Saudi Embassy.
Verifies your business’s legal standing. -
Memorandum of Association (MoA) & Articles of Association:
These documents define your startup’s structure and governance.
Attestation by MOFA and the Saudi Embassy is mandatory. -
Business Proposal:
Includes a letter of intent, a startup brief, and a pitch deck.
Provides a clear roadmap of your startup’s vision and goals. -
Support Letter:
A letter from a Venture Capital (VC) firm or a licensed incubator.
Demonstrates external support, crucial for approval in Saudi Arabia’s competitive market.
For Established Businesses:
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Commercial Registration:
Required to prove your company’s legitimacy.
Must be authenticated by MOFA and the Saudi Embassy. -
Memorandum of Association (MoA) & Articles of Association:
Clearly outline your company’s operations and structure.
Must be attested by MOFA and the Saudi Embassy. -
Audited Financial Statement:
A recent, professionally audited financial statement is essential.
Demonstrates your business’s financial health and compliance with international standards.
Best Business Setup Consultation Services in Saudi Arabia (KSA)
Saudi Arabia’s thriving market and pro-business environment make it an ideal location for entrepreneurs and investors.
With Expandway’s expert business consultancy services, you can efficiently set up your business while ensuring full compliance with local regulations and implementing effective market entry strategies.
At Expandway, we are proud to be the premier choice for business setup services in Saudi Arabia (KSA). Our comprehensive solutions include professional corporate services in Saudi Arabia, strategic advice, and personalized guidance to position your business for success in the Saudi market.
Take the First Step to Success!
Contact Expandway today for a consultation and discover how we can turn your business vision into a reality in Saudi Arabia.
Initial consultation
Our initial consultation helps us understand your unique business needs and goals, laying the groundwork for a successful business setup strategy in Saudi Arabia.
Expert Guidance
With extensive expertise in Saudi Arabia’s business landscape, we provide expert guidance to navigate complex regulatory requirements and ensure compliance.
Personalised Solution
Our solutions are tailored to your specific business goals, guaranteeing a strategic and effective approach to setting up your company in Saudi Arabia.
Proven Track Record
Expandway’s proven track record includes numerous successful business setups, with references from satisfied clients who have launched businesses in Saudi Arabia.
Comprehensive Support
From initial consultations to post-incorporation services, we provide end-to-end support, ensuring a smooth and stress-free setup process.
Client-Centric Approach
At Expandway, client satisfaction is our top priority. We build long-term relationships and provide ongoing support to ensure your business thrives in Saudi Arabia.
Foreign Company Registration Options
Types of companies foreigners can register in Saudi Arabia
To start a business in Saudi Arabia for foreigners, there is a range of company structures to choose from, serving diverse business needs and preferences. These choices enable strategic decision-making parallel to specific goals and market dynamics.
Limited Liability Company.
A Limited Liability Company (LLC) offers business owners a shield from personal liability for the debts and losses faced by the company.
Learn MoreBranch of a Foreign Company.
Establishing a Branch provides global companies with a presence in a new market, leveraging the parent company’s reputation and resources.
Learn MoreSpecial Economic Zone.
Operating within an SEZ grants businesses tax incentives and regulatory advantages. Key benefits encompass
Learn MoreRegional Headquarters.
Designating a Regional Headquarters enhances organizational control and coordination across a specific geographical area.
Learn MorePremium Residency.
Opting for Premium Residency offers individuals noteworthy residence benefits in a specific country.
Learn MoreAs an Entrepreneur.
Venturing for entrepreneurship demands innovation and risk-taking in the competitive corporate setting.
Learn MoreGuide to the Business Setup Process in Saudi Arabia
Setting up business in Saudi Arabia (KSA) can seem complex, but with the right guidance, the business setup process in Saudi Arabia becomes manageable. Expandway offers step-by-step assistance, from navigating legal requirements to handling company formation and beyond, ensuring a smooth and stress-free experience.
Pre-launch Planning
Start your business on the right foot with comprehensive pre-launch planning. We help you develop a clear strategy and set the groundwork for your corporate setup.
Business Formation Process
Partner with Expandway for a seamless business formation process. Our experts handle the complexities of registration, ensuring a smooth setup and compliance with local regulations.
Post-launch Integration
Our post-launch services ensure that your business remains compliant and sustainable, providing ongoing support as your company grows and thrives in Saudi Arabia.
cost to open a business in Saudi Arabia
Get an estimated cost of your company setup in under a minute with our interactive cost calculator
Dammam - The Industrial Heartbeat
Dammam, located in Saudi Arabia’s Eastern Province, is an industrial powerhouse, offering excellent infrastructure and access to GCC markets. It is an ideal location for businesses in manufacturing, petrochemicals, and other industrial sectors.
Riyadh - The Corporate Powerhouse
Riyadh, the capital and largest city in Saudi Arabia, is the heart of the country’s corporate landscape. With access to government agencies, a dynamic business environment, and excellent infrastructure, Riyadh is perfect for businesses looking to expand or establish their headquarters.
Jeddah - The Gateway to International Trade
Jeddah, located on the Red Sea, is a vital hub for international trade. With easy access to global shipping routes, Jeddah is an ideal location for businesses involved in logistics, import-export, and international commerce.
Our Partnership with Government Entities
Our team works to ensure smooth operation and regulatory compliance Setting the stage for the success of your business in Saudi Arabia
- FAQs
Frequently Asked Questions
If you don’t find your question answered here, don’t hesitate to contact us. We appreciate your inquiry.
Saudi Arabia has many opportunities for businesses, including access to a fastest growing economy driven by Vision 2030, which aims to diversify the economy beyond oil. Its strategic location connects Europe, Asia, and Africa, providing easy access to Middle Eastern markets and beyond. The Saudi government also supports foreign investment with incentives like tax exemptions, streamlined processes, and opportunities in key sectors such as energy, IT, and manufacturing.
Yes, foreign investors have the opportunity to acquire 100% of a business in Saudi Arabia in certain sectors that are open to foreign investment, subject to regulatory approvals.
The amount of investment needed for a business depends on its type and industry. Different laws and industries have their own requirements.
The main business structures in Saudi Arabia include, limited liability companies(LLC), joint ventures, branch offices, and sole proprietorships all have different operating needs and ownership preferences.
Foreign investors must apply for license from the Ministry of Investment Saudi Arabia (MISA) and other regulatory bodies. The process involves several steps, including securing initial approval, drafting the Articles of Association, notarizing documents, and registering with the Chamber of Commerce. Additional approvals may be required depending on the business type and sector.
The timeline for setting up a business in Saudi Arabia typically varies based on the business structure and sector. In general, the process can take anywhere from a few weeks to a couple of months, depending on factors like the type of business, necessary approvals, and document preparation. The duration includes initial consultations, obtaining required licenses, and completing all registration formalities before the business can become fully operational.
New businesses in Saudi Arabia can benefit from a variety of support services to ensure smooth operations and compliance. These services includes, PRO (Public Relations Officer) services, GRO (Government Relations Officer) services, accounting, and bookkeeping support, as well as legal and consultancy services.
Saudi Arabia offers significant investment opportunities in key sectors such as renewable energy, IT, healthcare, tourism, manufacturing, mining and entertainment. These sectors are central to the Kingdom’s Vision 2030 initiative, which aims to diversify the economy. Each sector provides substantial growth potential and is supported by various incentives designed to attract foreign investors.
These are the requirments businesses in Saudi Arabia must adhere to
- Tax Filing: Regularly filing tax returns in accordance with Saudi tax laws.
- Accounting Records: Maintaining accurate and up-to-date accounting records.
- Labor Law Compliance: Adhering to Saudi labor laws, including regulations on employee rights, contracts, and working conditions.
- License Renewals: Ensuring annual renewals of business licenses and other necessary permits.
- Chamber of Commerce Registration: Keeping registration with the Chamber of Commerce current, which may also require periodic renewals.
Setting up a business in Saudi Arabia involves several costs depending on the business structure, sector, and specific needs.
- Government Fees: Charges for business registration, licensing, and notarization.
- Legal and Professional Services: Fees for legal advice, professional assistance, and consulting services.
- Office Rental: Costs for leasing office space, which can vary based on location and size.
- Employee Visas: Expenses related to obtaining visas and permits for employees.
- Operational Expenses: Other costs such as utilities, office setup, and ongoing operational requirements.