Looking to establish your business in KSA? We specialize in simplifying the process of registering a company in Saudi Arabia, ensuring a smooth and efficient setup. Our team handles the complexities, so you can focus on growing your business in this thriving market.
Let's Connect
Why Saudi?
Strategic Location
Saudi Arabia is a gateway to regional and global markets, offering direct access to over 400 million consumers in the Middle East.
Growing Economy
With Vision 2030, Saudi Arabia is rapidly diversifying its economy, creating vast opportunities for businesses across various sectors.
Tax Incentives
Competitive corporate tax rates and special economic zones make Saudi Arabia an attractive destination for business setup.
Strong Infrastructure
Advanced transport, logistics, and digital infrastructure make it easy for businesses to operate and expand.
Investment-Friendly Policies
Pro-business reforms and support for foreign investors streamline the process of setting up a branch and growing in KSA.
Young, Skilled Workforce
Saudi Arabia’s youthful, educated population provides a strong talent pool for businesses across industries.
What Are the Requirements to expand into Saudi?
The following documents must be submitted in Arabic and can vary upon selection of business activity:
Parent Company Memorandum and Articles of Association (AoA)
Certificate of business incorporation Attested Financial statements of latest FULL year
Board Resolution
Trade License
Power of Attorney notarised documentation
Saudi Arabia Expansion Process
Prepare Necessary Incorporation Documents
Gather and draft all required documents for company formation.
Register with the Ministry of Investment
Submit your registration application to the Saudi Government’s Ministry of Investment or MISA.
Finalize Company Documents and Articles of Association
Complete and formalize your company's foundational documents and Articles of Association (AoA).
Obtain a Commercial License
Acquire your commercial license from the relevant authorities to operate legally.
Choose a Business Location and Register the Address
Select a suitable physical address for your business and officially register it.
Compile Post-Incorporation Documentation
Prepare and organize all required documents following the company's registration.
Secure Saudi Arabian Residency (Iqama)
Apply for residency permits for yourself and any foreign employees.
Register General Manager(s) in Company Records
Officially record the appointed General Manager(s) in the company’s legal documentation.
Open a Corporate Bank Account
Apply for and establish a business banking account to manage your company’s finances.
How We Can Help You
End-to-End Support
We handle every aspect of your business setup in KSA, from licensing to registration, ensuring a smooth and hassle-free process.
Tailored Solutions
Our team provides personalized business setup strategies based on your unique goals and industry requirements in Saudi Arabia.
Expert Guidance
With deep knowledge of local regulations, we help you navigate KSA's legal framework and avoid potential pitfalls.
Quick Company Formation
Our efficient processes reduce the time it takes to set up your business, so you can focus on growth and operations.
Compliance Management
We ensure your business meets all regulatory requirements, giving you peace of mind as you launch in Saudi Arabia.
Local Market Insights
Our advisory services include valuable market research and insights to help you make informed business decisions.
Client Testimonials
Wayz Advisory made our business setup in Saudi Arabia incredibly smooth and efficient. Their expert team handled everything, from licensing to compliance, with complete professionalism. We couldn’t be happier with their support, and our business is now thriving in the KSA market
Thanks to Wayz Advisory, we were able to establish our company in Saudi Arabia with minimal hassle. Their local expertise and market insights were invaluable, and their end-to-end service gave us the confidence to focus on growing our business. Highly recommend!
Previous
Next
FAQs
What are the main business setup options in Saudi Arabia?
In Saudi Arabia, you can choose from several business structures depending on your needs. The most common options include a Limited Liability Company (LLC), Joint Stock Company (JSC), Branch Office, or Representative Office. LLCs are the most popular, offering flexibility and protection for foreign investors. Wayz Advisory helps you determine the right structure based on your business goals and market entry strategy.
Can a foreign investor fully own a business in Saudi Arabia?
Yes, foreign investors can fully own certain types of businesses in Saudi Arabia, particularly in sectors that align with the Vision 2030 initiative. Sectors such as industrial manufacturing, technology, and healthcare are open to 100% foreign ownership. However, some industries, like retail, require a Saudi partner. Wayz Advisory helps you navigate these regulations and ensure compliance.
What are the requirements for setting up a business in Saudi Arabia?
To set up a business in Saudi Arabia, you’ll need to meet certain legal and regulatory requirements, including obtaining a Commercial Registration (CR), securing necessary licenses, and fulfilling capital requirements depending on the business structure. Additionally, foreign investors must register with the Ministry of Investment of Saudi Arabia (MISA). Wayz Advisory assists you with the documentation and ensures a streamlined registration process.
How long does it take to set up a company in Saudi Arabia?
The timeframe for setting up a business in Saudi Arabia varies based on the business structure and the sector. On average, it takes 4 to 6 weeks to complete the registration and licensing process, but this may be shorter or longer depending on your specific needs and the nature of your business. Wayz Advisory accelerates the process by efficiently managing all paperwork and liaising with government authorities.
What are the tax implications for businesses in Saudi Arabia?
Saudi Arabia offers a competitive tax environment, especially for foreign investors. Corporate tax for foreign-owned entities is set at 20%, while GCC nationals and companies are exempt from this tax. Additionally, businesses are subject to a 15% VAT. Wayz Advisory provides comprehensive tax advisory services to help you manage your tax obligations and optimize your financial strategy.
Do I need a local partner to set up a business in Saudi Arabia?
In some sectors, foreign investors are required to have a local Saudi partner who holds a certain percentage of ownership. However, many industries, especially those prioritized by the government, allow for 100% foreign ownership. Wayz Advisory helps you identify the right business structure, ensuring compliance with local ownership regulations where necessary.
What incentives are available for foreign investors in Saudi Arabia?
Saudi Arabia offers a range of incentives to attract foreign investment, including tax exemptions, government subsidies, and access to special economic zones with reduced regulatory requirements. Additionally, sectors like tourism, technology, and renewable energy receive favorable treatment as part of the Vision 2030 initiative. Wayz Advisory provides guidance on how to maximize these incentives based on your business.
How does the Saudi Vision 2030 impact business opportunities?
Vision 2030 is Saudi Arabia’s ambitious plan to diversify its economy beyond oil. This initiative has opened up new opportunities in sectors such as entertainment, healthcare, technology, and manufacturing. The government is actively supporting foreign investment in these areas through various reforms and incentives. Wayz Advisory helps you align your business strategy with Vision 2030 to take advantage of the growing market potential.
What are the benefits of setting up a business in Saudi Arabia?
Vision 2030 is Saudi Arabia’s ambitious plan to diversify its economy beyond oil. This initiative has opened up new opportunities in sectors such as entertainment, healthcare, technology, and manufacturing. The government is actively supporting foreign investment in these areas through various reforms and incentives. Wayz Advisory helps you align your business strategy with Vision 2030 to take advantage of the growing market potential.
How does Wayz Advisory assist with company formation in Saudi Arabia?
Wayz Advisory offers end-to-end services for setting up a business in Saudi Arabia. From choosing the right business structure, obtaining licenses, and handling registration to providing tax advisory and ongoing compliance services, we ensure a seamless and efficient process. Our local expertise and government connections enable us to expedite your setup, allowing you to focus on growing your business.
