Company Setup in Saudi Arabia
Company Setup Process in Saudi Arabia
1. Select Business Structure
- Limited Liability Company (LLC) - 1-50 shareholders
- Joint Stock Company (JSC) - 5+ shareholders
- Branch Office - for foreign companies
- Representative Office - non-revenue generating
- Sole Establishment - Saudis only
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2. Reserve Trade Name
- Submit through MOCI portal (mc.gov.sa)
- Must follow naming conventions
3. Obtain MOCI Initial Approval
Required documents:
- Shareholder/director passports
- Business activity description
- Draft Articles of Association (for LLCs)
4. Apply for Foreign Investment License
- Through MISA (investsaudi.sa)
- Additional approvals needed for regulated sectors
5. Finalize Articles of Association
- Notarization required for LLCs/JSCs
6. Complete Commercial Registration
- Submit to MOCI with supporting documents
- Pay applicable fees
7. Chamber of Commerce Registration
- Mandatory for all businesses
8. Obtain Specialized Licenses
- Municipal License
- SASO certification
- SFDA approval (for relevant businesses)
- MOH clearance (healthcare sector)
9. Tax Registration
- Register with ZATCA
- Obtain Tax Identification Number
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10. Open Corporate Bank Account
Required documents:
- Commercial Registration
- Articles of Association
- Shareholder identification
11. Visa Processing
- MHRSD registration
- Qiwa platform for work permits
12. Office Setup
- Secure physical space if required
- Municipal attestation of lease
13. Ongoing Compliance
- Annual CR renewal
- VAT filings
- Financial reporting
Key Advantages:
- 100% foreign ownership permitted in most sectors
- No minimum capital requirement for LLCs
- No mandatory Saudi partner in most cases
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Government Portals:
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- Ministry of Commerce: mc.gov.sa
- Ministry of Investment: investsaudi.sa
- ZATCA: zatca.gov.sa
This version maintains all essential information while presenting it in a more streamlined, professional format suitable for official documentation or client presentations.
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