Any plans for business registration in Saudi Arabia? Over the past few years, company formation in Saudi Arabia has gained significant traction as the nation looks forward to a revolution in the business landscape. The Saudi Vision 2030 is a government program that encourages every business enthusiast to start a business in Saudi Arabia. Saudi Arabia has developed to be the most fruitful land for a business set up over the years.
Reve Consult employs our global expertise and local knowledge in facilitating our clients with company formation services. Whether it’s a foreign company setup, holding company formation, or branch office registration, you can count on our expertise to guide you through the process.
Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam
Depending on the company scale and required documents, commercial registration in Saudi Arabia can take from a few weeks to about 2 months. However, we can facilitate registration within 2 weeks.
The most common legal structures for foreign investors are the Limited Liability Company (LLC) and a Branch of a Foreign Company. Other options include Regional Headquarters Office (RHQ) and technical or scientific services offices. Each type has different requirements and benefits, so it’s important to choose the one that aligns with your business goals.
Yes, in line with Saudi Vision 2030, many sectors now allow for 100% foreign ownership, a significant shift from the past. However, a few restricted sectors, such as some real estate and certain oil and gas activities, still require a local partner.
The Ministry of Investment (MISA) is the primary authority for foreign investors. You must first obtain an investment license from them. After getting the MISA license, you proceed with the Ministry of Commerce (MOC) to obtain the Commercial Registration (CR), which legally establishes your company.
The minimum capital requirements vary depending on the legal structure and business activity. For a standard LLC, the minimum capital is generally SAR 500,000, though this can vary. Startups and some other entities may have lower requirements.
The timeframe varies, but with the government’s streamlined processes, it can take anywhere from 2 to 8 weeks from start to finish, assuming all required documents are accurate and complete. Delays often happen due to missing or incorrectly attested paperwork.
No, you don’t need a traditional office. A virtual office is acceptable for CR registration if it provides a registered Ejar lease and a valid commercial address suitable for regulatory use..
The documents required depend on whether the shareholder is a company or an individual. For a corporate shareholder, you’ll need the parent company’s Commercial Registration, Articles of Association, and a Board Resolution to establish the entity in Saudi Arabia. For an individual, you’ll need passport copies and other personal identification documents. All foreign documents must be properly attested by the Saudi Embassy in the home country.
