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There are various routes you can take for company formation in Saudi Arabia. The most suitable option for you will depend on your living arrangements and the type of business that you run. While there are many options, here are some of the most popular for a company set up in Saudi Arabia. 

  • Limited Liability Company (LLC)
  • Branch office of foreign company 
  • Joint Stock Company (JSC)
  • Partnership

Company formation Saudi Arabia requirements

To set up a company in Saudi Arabia, you will need to ensure that you have completed the relevant documents. This will help to speed up the process of opening the business. 

You will need the following: 

  • Company trade license – obtained from the Chamber of Commerce and Industry
  • Memorandum and Articles of Association
  • Power of Attorney information
  • Director(s) and Shareholder(s) passports 
  • Director(s) and Shareholder(s) signatures

In addition to setting up the company, you will need to obtain the correct Saudi Arabia visa. For expatriates, the iqama Saudi Arabia residency permit is a suitable option. This allows you to live and conduct business activities within the country. 

In addition to the visa permit, you will need to obtain an investment license from the Ministry of Investment Saudi Arabia. A MISA license allows you to set up a business without the need for a sponsor in the mainland. You should also apply for the business registration certificate from the Ministry of Commerce and Industry. 

How long does it take for company set up Saudi Arabia? 

The timescale for a company set-up varies based on the licence and company type. It can typically take up to three months. However, our experts can use the feasibility assessment to identify the right options for your business. Once we know this information, we can provide you with a more accurate timescale.

What are the benefits of a company set up in Saudi Arabia?

  • 100% foreign ownership 
  • Low tax rates and some VAT exemptions 
  • Largest economy in the Middle East
  • Vision 2030 benefits for businesses

How CBD can assist

At CBD Corporate Services, we’re passionate about supporting you with your Saudi Arabia company formation. We work closely with business owners and start-ups to determine the most appropriate business structure and practices. Get in touch with us for a hassle-free company set-up in Saudi Arabia.

Know more about our company set up services