- Company Formation
- Business Setup in Saudi Arabia
Simplify Your Business Setup in Saudi Arabia (KSA) with 100% Foreign Ownership.
Analytix is your strategic leader for business setup in Saudi Arabia. Company formation is made easier with us for a promising corporate future.
Benefits of Setting up a Business in Saudi Arabia
Saudi Arabia is a global hotspot for business and foreign investments, ideal for international business expansion. Starting a business in Saudi Arabia has become more beneficial than ever. With Vision 2030 and the recent reforms in the business laws, It has become one of the most promising and potential places in the world to start a new business or enhance a business. The country has investor-friendly government initiatives that simplify regulations and pro-entrepreneurship laws making it easy to set up a business in Saudi Arabia.
The country has a diversified economy with a focus on sectors such as oil, gas, petrochemicals, and tourism. Additionally, the government has implemented several measures to encourage foreign investment and ease the process of business setup in the Kingdom of Saudi Arabia. The active utilization of capital by the Saudi Investment Fund (PIF) boosts private-sector investment. Also, the country has a young and educated population which provides a skilled workforce for business.
Economic Growth
Saudi Arabia is one of the largest economies in the Middle East, making it an attractive place for investment
Strategic Location
Saudi's strategic location provides access to European, Asian, and African markets.
Natural Resources
The country is rich in natural resources, particularly oil and gas, presenting lucrative opportunities
Large Consumer Market
With a population of over 34 million, there's a sizable market for businesses.
Would You Like to Know the Cost of Starting a Business in Saudi Arabia?
Get an estimated cost of starting a business in Saudi Arabia with our user-friendly cost calculator.
- Company Registration Process In Saudi Arabia
With Analytix, you only need 6 easy steps to start a business in Saudi Arabia.
1. MISA (Ministry of Investment Services Application)
The first step is to submit your business proposal to MISA for initial approval, outlining your investment plans and objectives.
2. CR (Commercial Registration)
After that, you need to obtain your Commercial Registration from the Ministry of Commerce, officially recognizing your business entity and its activities.
3. MOL REG (Ministry of Labor Registration)
The registration will be completed with the Ministry of Labor, ensuring compliance with labor regulations and securing the necessary work permits.
4. GM VISA (General Manager Visa)
Then secure a General Manager Visa for key personnel, facilitating the legal residence and management roles within the company.
5. GOVT PORTAL REG (Government Portal Registration)
The next step is to enroll in the government's online portal, streamlining communication and guaranteeing seamless interaction with various authorities.
6. BANK
Finally, open a corporate bank account so that you can manage financial transactions and demonstrate financial stability, a crucial step in establishing your business in Saudi Arabia.
Setup your Business in Saudi Arabia with Analytix
Analytix is your reliable business support system, aiding you in establishing a 100% foreign-owned business in KSA. The process of business setup in Saudi Arabia varies with each license, ensuring the successful operation of your enterprise under the MISA/SAGIA guidelines.
Our experienced team of Saudi business consultants can guide you through the procedures of business setup and company formation in Saudi Arabia, considering the different types of permitted companies in the kingdom. These include a subsidiary company or a Limited Liability Company, GCC company, branch of a foreign company, and dual ownership company.
What you need to know about doing business in Saudi Arabia
Saudi Arabia Business Setup Guide 2024
Everything you need to know about setting up a business in Saudi Arabia can be found in our detailed guide for 2024. Our expert insights help you to navigate regulatory requirements easily and create a systematic plan for business formation.
- Incorporation Steps
Process for Setting Up Business in Saudi Arabia.
From Saudi company registration to expanding your corporate setup in Saudi Arabia, Analytix will be your one-stop solution. Leverage our expertise as business setup companies in Saudi Arabia for personalized solutions. We offer the following company formation services:
Pre-Incorporation Steps
Prepare and lay down a pathway for your venture with innovative insights, planning and execution for corporate setup in Saudi Arabia
- Decide on your legal business structure
- Reserve the Company Trade Name
- Draft Articles of Association
- Publish and notarise Articles of Association
- Get your Commercial Registration issue
Business Incorporation Steps
Collaborate for a successful partnership with Analytix for strategic guidance and effortless facilitation of your business setup and company formation in Saudi Arabia
- Obtain an investment license from the Ministry of Investment Saudi Arabia (MISA)
- Registered Office Address
- Resident Director
- Company Secretary
- Bank Account Opening
- Tax Registration
- Business Licenses
Post - Incorporation Steps
Overcome operational challenges of business setup in Saudi Arabia. After incorporation, ensure sustained profitability with our targeted post-incorporation support
- Activate Chamber of Commerce (CoC) account
- Health Insurance
- Medical Check up
- Issue the GM’s Iqama
- Register MUDAD - payroll system and compliance system
- Register QIWA - Visa and work permit services
- Register Muqeem Portal
- Registering for VAT
- Register Fasah licence (Import and Export Services)
- Obtaining Municipality License
- Opening Bank Account
Talk to our business incorporation specialist to acquire further information.
Shiju S Pillai, Business Incorporation Specialist
We Cover All Major Locations in KSA.
Analytix enables business setup and company formation in Saudi Arabia for various business sectors in major locations, including.
Business Setup in Dammam
We have established our name as a prominent figure in the field of business setup in Dammam, from the initial company registration in KSA to the end process.
Business Setup in Riyadh
Analytix provides easy and cost-effective services for Business Setup in Riyadh services, promoting smooth operation and company formation.
Business Setup in Jeddah
We are your go-to partner for business setup in Jeddah providing feasible and integrated corporate solutions according to your requirements.
Clients We Have Served.
Testimonials.
“ Analytix demonstrates an exceptional level of professionalism. We expect further collaboration with them in the coming years as well for our business expansion. “
Saoud Anam
GM - AKSID Corporation Limited
“I wholeheartedly recommend Analytix to anyone seeking top-tier business consultancy services in Saudi Arabia. The staff were very helpful and lively with contributing support for our firm.”
Legend Holding Group
“We appreciate the support that Analytix provided us during our business expansion to Saudi. Their highly motivated team took matters into their own hands, and we were impressed by the speedy nature of the steps undertaken. We were able to initiate business activities faster than anticipated. Cheers to Analytix!”
Ajai Johny
General Manager - Star Tech
“Analytix is the ideal choice for launching your business in Saudi Arabia. They efficiently established our company and secured the necessary residency for our team. Their deep understanding of our priorities ensured the timely completion of the task. We highly endorse their services. “
Anwar sadath Mattil
Founder - KISWA
“Analytix has been with us throughout the way on our journey towards forming a business in Saudi Arabia. We are highly impressed with the team and the quality of their service. They made us feel at ease about the regulations and compliance responsibilities that we had to undertake. We would recommend them highly.”
Byju Sebastian
Executive Director - Unity Group
Planning To Set Up Business in Saudi Arabia?
Choose Analytix as your business setup consultants in Saudi Arabia if you plan to expand your business to the Kingdom. Whether you require assistance with KSA business setup services or clarification on where to invest money in Saudi Arabia, we are here to help.
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- FAQs
Frequently Asked Questions
If your question is not addressed here, please feel free to reach out to us. We value your inquiry.
What are the different types of Investor Licenses in Saudi Arabia?
- Industrial License: Needed for manufacturing or industrial activities.
- Service License: For service sectors like consulting, IT, finance, healthcare, and education.
- Trading License: Required for trading, importing, exporting, and distribution.
- Contracting License: For construction and contracting services.
- Real Estate License: For real estate development and management.
- Energy License: Energy sector, including oil, gas, and renewables.
- Telecom & IT License: Telecommunications and information technology
- Tourism License: For tourism, travel services, and hospitality.
- Media License: Media, publishing, broadcasting, and advertising.
- Medical License: Covers healthcare services, clinics, and equipment
- Educational License: Establishing educational institutions
How long does it take to complete the licensing Process?
The time required to complete the licensing process for a business in Saudi Arabia varies. It can take a maximum of 30 days, depending on factors like business type, documentation, and other processing. After application submission, there’s a review period, potential additional approvals, legal steps, and setting up the physical location. Staying updated with authorities and having complete documentation can help expedite the process.
How long does the process typically take to obtain a commercial license (CR)?
Trade licenses get issued within a span of 7-15 days post the application submission.
What is the cost of business setup in KSA?
We provide flexible 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.
