Company Formation In Saudi Arabia
For UAE Companies

Made Easy With CorpLex

Market Entry Support

Gain a competitive edge with our tailored market entry strategies to position your business for success in the vibrant Saudi Arabian economy.

Company Setup Assistance

From choosing the right business structure to obtaining licenses and permits, trust our experienced team to streamline your company setup journey in KSA.

After Formation Services

Beyond the setup phase, we support you with comprehensive post-setup services, ensuring compliance, growth, and seamless operation of your business in KSA.

Expand Your UAE Business into Saudi Arabia (KSA)

If you’re a UAE-based company eyeing expansion into KSA, consider us your trusted partners in navigating the complexities of the Saudi Arabian business landscape. Seamlessly transition your business aspirations into flourishing realities with our expert guidance and unwavering support. Together, let’s pave the path to success in Saudi Arabia.

Seamless Business Expansion to KSA

Seamless Business Expansion from UAE 

Choosing the right partner for your UAE business expansion into KSA is paramount. In the complex landscape of international expansion, seamless solutions are non-negotiable. Our team excels in providing tailored strategies and flawless execution, ensuring a smooth transition for your UAE business into the thriving market of Saudi Arabia. We meticulously analyze the market dynamics in KSA to provide you with a roadmap that ensures your seamless expansion. 

Ongoing Support and Advisory

Expansion doesn’t end with setting up your business; it’s an ongoing journey. Count on us for continuous support and advisory services for Iqama processing, Bank Account Opening, Tax Implications & Employment Visas throughout your expansion in KSA.

Avail The Opportunity to Set Up Your Business in Saudi Arabia

Embarking on the expansion of your UAE business into Saudi Arabia raises numerous queries. Mainland or free zone? What about the paperwork? Rest assured, at CorpLex, we’ve traversed this path countless times, equipped with invaluable insights and expertise.

We specialize in tailoring solutions to fit your specific needs, ensuring a seamless transition. With our personalized approach, we’ll guide you through every step of expanding your UAE business into Saudi Arabia, alleviating the complexities of the corporate landscape.

Consider us your reliable partners as you extend your UAE business footprint into Saudi Arabia. From navigating legal intricacies to streamlining paperwork, we’re here to make your expansion journey a resounding success.

Muhammad
Meet Our Expert

Muhammad Azimov

Muhammad is your trusted advisor for business setup in Saudi Arabia. With extensive experience and a friendly demeanor, Muhammad ensures a smooth and successful journey for your business expansion. Contact him today to unlock the potential of the Saudi market.

MISA / SAGIA License

The SAGIA license, now known as the MISA license, allows foreign investors to establish a 100% foreign-owned onshore entity in Saudi Arabia without requiring a local partner.

Let’s explore MISA / SAGIA benefits:

  1. Full Ownership and Control: With the MISA license, you gain full ownership of your company in Saudi Arabia. You won’t need local sponsors. This means you’ll have control over all trading activities and profits.

  2. Easy Access to Funding: The process of obtaining the MISA license is fast and fluid. This streamlined approach facilitates access to funding and investment opportunities, making it easier for your business to thrive in the Kingdom.

  3. Access to Government Services: Once you have the MISA license, you’ll have access to various government services that can support your business operations. These services can range from administrative assistance to regulatory compliance.

  4. Property Ownership: The MISA license enables you to own property in Saudi Arabia. This is essential for establishing a physical presence, setting up offices, or acquiring assets for your business.
Your Business Setup Journey In KSA
Step By Step Explained

01

Ministry of Investment License Application

Kickstart your business journey in Saudi Arabia by securing a foreign investment license from the Ministry of Investment (MISA), formerly known as SAGIA. CorpLex Corporate Services Provider offers expert assistance to ensure a streamlined application process aligned with regulations.

02

Commercial Registration with the Ministry of Commerce

Once you have your MISA license, the next step is registering your company with the Ministry of Commerce (MoC). Our team provides adept support in preparing the necessary documentation and expediting the commercial registration process.

03

Chamber of Commerce

Registering with the Chamber of Commerce (CoC) is essential for verifying and legitimizing corporate documents. CorpLex Corporate Services Provider facilitates seamless registration with the CoC, ensuring authenticity and validity of your company’s documents.

04

Compliance with the Ministry of Labor

To obtain work permits and visas for non-Saudi employees, registration with the Ministry of Labor (MoL) is obligatory. CorpLex Corporate Services Provider ensures adherence to MoL’s regulations and guidelines, facilitating smooth registration and eligibility to apply for work permits and visas for your non-Saudi workforce.

05

Registration with General Organization for Social Insurance

Manage employee social insurance by registering with the General Organization for Social Insurance (GOSI). Our experts ensure accurate submission of details and timely payment of social insurance contributions.

06

Engagement with Zakat, Tax & Customs Authority

Register with the Zakat, Tax, and Customs Authority (ZATCA) to fulfill tax obligations. CorpLex Corporate Services Provider offers comprehensive support for tax payments and compliance through the online portal.

07

Registering the National Address

Submission and registration of your company’s physical office address with Saudi Post (SPL) are crucial prerequisites. CorpLex Corporate Services Provider assists in fulfilling this requirement accurately.

08

Obtaining General Manager Visa & Iqama

Facilitate the legal entry and residency of your company’s General Manager in Saudi Arabia by obtaining working visas and residence permits. CorpLex Corporate Services Provider provides comprehensive support throughout the process.

09

Registering with Absher, Muqeem, and QIWA Portal

Manage company operations and employment activities by registering with government portals such as Absher, Muqeem, and QIWA. CorpLex Corporate Services Provider facilitates seamless registration, ensuring efficient management of processes.

10

Finalizing the Bank Account Opening Process

With completion of the above steps, your company is ready to open a corporate bank account in Saudi Arabia. CorpLex Corporate Services Provider offers expert assistance, ensuring compliance with Know Your Customer (KYC) requirements and expediting the process for your convenience.

Company Types in Saudi Arabia

In Saudi Arabia, there are several types of business entities that can be formed, each with its own set of legal requirements, regulations, and implications. Here are some common types of companies in Saudi Arabia:

Sole Proprietorship

A Sole Proprietorship is a business owned and operated by a single individual. While it is the simplest form of business entity, the owner has unlimited personal liability for the company’s debts and obligations.

General Partnership

Partnerships in Saudi Arabia can take different forms, including general partnerships and limited partnerships. In a general partnership, all partners share equal responsibility for the company’s liabilities. In a limited partnership, there are both general partners (with unlimited liability) and limited partners (with liability limited to their investment).

Joint Liability Company

This type of company involves shared liability among its members. It is suitable for small-scale operations and can be established by Saudi or Gulf Cooperation Council (GCC) citizens.

Limited Liability Company (LLC)

A Limited Liability Company is one of the most common forms of business entity in Saudi Arabia. It requires a minimum of two shareholders and allows for limited liability protection. LLCs are suitable for small to medium-sized businesses and offer flexibility in management and ownership structure.

Joint Stock Company (JSC)

A Joint Stock Company is a publicly traded company where ownership is divided into shares. JSCs are typically larger entities with multiple shareholders and are subject to stricter regulatory requirements compared to LLCs. They are suitable for larger businesses looking to raise capital through the stock market.

Branch of a Foreign Company

Foreign companies can establish a branch office in Saudi Arabia to conduct business operations in the country. Branch offices are considered extensions of the parent company and are subject to regulations set by the Saudi Arabian General Investment Authority (SAGIA).

Why Choose CorpLex?

At CorpLex, we understand the intricacies and challenges of navigating the business landscape both in UAE & KSA. With years of experience and a deep understanding of local regulations and procedures, we offer unparalleled expertise to help UAE companies to expand their presence into Saudi Arabia. Here’s why you should choose CorpLex:

Comprehensive Services

From initial setup to ongoing compliance and expansion, we provide a full suite of services tailored to meet your specific needs. Whether you’re a small startup or a multinational corporation, we have the expertise to support you at all stages.

Transparent Communication

At CorpLex, we prioritize clear and open communication with our clients. You can trust us to keep you informed every step of the way, providing transparent updates and insights into your business setup process in Saudi Arabia.

Local Knowledge, Global Perspective

Our team comprises seasoned professionals with a thorough understanding of the local market dynamics combined with a global perspective. We leverage this unique blend of expertise to provide strategic insights and solutions that drive your business forward.

Frequently Asked Questions

Only existing startups and established businesses in other jurisdictions are qualified to setup their business in KSA with 100% foreign ownership under MISA License.

Required documents include company registration certificate, memorandum of association, previous year’s audit report, shareholders’ passports, board of directors list, appointed manager’s passport copy, and a power of attorney to CorpLex team in KSA.

Saudi Arabia offers a highly lucrative business environment, with a stable economy and low taxes. It also serves as a gateway to the wider Gulf region, providing access to a large consumer market.

The most common types of companies in Saudi Arabia include Limited Liability Companies (LLCs), Joint Stock Companies (JSCs), and Foreign Branch Offices (FBOs).

It takes 10 to 15 working days to complete all formalities once we receive all required original documents.

The minimum capital requirement varies depending on the type of company. Please feel free to get in touch with us for further details.

The timeframe for setting up a company in Saudi Arabia ranges from 2-6 months, depending on the type of company and various other factors.

To establish your branch company in SAGIA (KSA Business Setup), you need an existing company or Sole Establishment that’s at least one year old.

Your company’s legal structure is your choice and can be any existing legal form. However, the setup process for Services Providers Establishments is simpler compared to trading activities.

For consultancy activities, certain activities akin to consultations can be performed by non-Saudi nationals. However, for trading activities, regulations require proof of capital and branch licenses from different regions.

A representative office doesn’t require proof of capital. You can set up a representative office and trade your goods through a distributor.

You can form legal entities with two or more foreign companies or a combination of foreign and GCC nationals, enabling trading activity at reduced costs.

The entity will be an LLC, with a local mentioned as the shareholder and the actual investor as the manager. A side agreement can protect the rights of the actual owners.

Yes, the process is similar to setting up a branch of a foreign company. Industrial land or a warehouse must be rented, and additional approvals from various government entities are required

This type of legal entity is possible with multiple foreign companies or a combination of foreign and Saudi or GCC nationals.

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