Company Formation in Saudi Arabia
Middle East
Overview
Saudi Arabia is undergoing significant economic transformation, positioning itself as an attractive hub for business and investment. Known for its strategic location, a pro-business environment, and efforts to diversify its economy, the Kingdom has introduced Special Economic Zones (Free Zones) offering unique advantages like competitive tax rates and 100% foreign ownership, making it a compelling destination for international company formation.
Our Process
Step 1: Choose Jurisdiction & Business Activity
Decide between a Mainland or one of the new Special Economic Zones (Free Zones) based on your business activities and strategic goals.
Step 2: Name Reservation & Initial Approvals
Secure your company name and obtain initial approvals for your business activities from the relevant Saudi Arabian authorities.
Step 3: Document Preparation & Registration
Prepare all required incorporation documents and complete the official registration process with the Ministry of Commerce or Free Zone Authority.
Step 4: Business Licensing & Bank Account Opening
Apply for the necessary business licenses and proceed with opening your corporate bank account in Saudi Arabia. This step may also include visa processing for foreign investors.
Key Requirements
- Business plan
- Passport copies of shareholders and directors
- Choice of Free Zone or Mainland setup
- Compliance with local regulations