Yes, foreigners that are looking for an electric and diverse environment to start a business can do their Business setup in Saudi Arabia. The Kingdom of Saudi Arabia has a thriving marketplace that covers various industries. From agricultural and manufacturing to services and pharmaceuticals.

To start your process for company formation in Saudi Arabia, you must follow these steps:

Company formation in Saudi Arabia can be an easy process if you have the right business consultancy agency by your side. When you have the support of an agency like ours, you can take advantage of all the services they offer. Letting them worry about the possible challenges and inconveniences.

Business setup in Saudi Arabia is an overwhelming process. However, when you are being backed up by a great consultancy agency, it can be less stressful. These agencies have the necessary experience to deal with any kind of inconvenience. They have the insight to know where to direct their efforts to make you succeed in this market.

Company formation in Saudi Arabia’s cost varies depending on various factors, such as the nature of your business, size, number of employees, and location of your headquarters. Moreover, to start a company in the region you will need a minimum capital required by the law. For example, to open a Limited Liability Company or LLC, you will need a minimum capital of AED 500.000. With our support, you can start your Saudi Arabia business setup and stay withing budget. 

In addition to the minimum capital required for company formation in Saudi Arabia, you will need to pay some extra fees to obtain the required licenses. For instance, the SAGIA license will cost you around AED 2.000 and some other certificates will cost you from AED 1.500 to AED 8.500. Also, to open your bank account you must have at least AED 100.000 for the initial deposit for your LLC.

To know more about the cost of business setup in Saudi Arabia you can get in touch with us and one of our dedicated agents will make sure to answer any of your business-related queries.

To invest in the Saudi Arabian market, you can communicate with a business consultancy agency to let them know about your desire to start a company here. As a result, they will make a proper reunion with you to know more about your investment plans in the region. Furthermore, they will give you the necessary advice to let you know what business structure will benefit you the most according to the field that you want to invest in.

Consequently, once you hire their services, they will start working alongside you to start your process of company formation in Saudi Arabia. These agencies will make sure that you compile all the necessary paperwork to submit to the pertinent authorities so you can register your new business. Furthermore, they will focus on making sure that your business setup process goes as swiftly as possible.

A business consultancy agency will provide you with services that will allow your business to develop quickly. Therefore, you can focus on growing and expanding your company to new areas while your agency takes care of any other managerial task. These agencies can help you with many responsibilities, such as HR management, payroll outsourcing, employees’ benefits, visas, legal services, insurance, and more.

Yes, online businesses are allowed in Saudi Arabia. Thanks to the new reforms announced in the Kingdom’s Vision 2030, now there are limitless opportunities for foreigners to operate and own companies in Saudi Arabia.