Set up and expand your business with the best local specialists in KSA
Tap into a rapidly expanding economy with Saudi Arabia's Vision 2030, positioning it as a major global economic player with lucrative opportunities in health, IT, FMCG, and other key sectors.
Integrated Infrastructure enabling well-interconnected transport networks and effective IT digital solutions
Supported by a large financial system and new reforms and initiatives
Arabian Business Centre has been a trusted partner for our company’s growth. Their business advisory services have been instrumental in helping us make informed decisions and navigate complex market challenges. The team’s in-depth knowledge, attention to detail, and proactive approach have consistently impressed us.
Saudi Arabia is increasingly open to foreigners, offering easier business setup and relocation, visa on arrival for many Europeans, and significant investments in sports, entertainment, and retail, creating a positive, foreigner-friendly living experience.
A Joint Stock Company (JSC) is recommended for private entities that have a large number of shareholders. This business structure offers the flexibility to issue sophisticated debt and equity instruments, which can include options like preferred stock and different classes of shares.
The JSC format is particularly suited to accommodate the complexities and requirements of companies with a diverse and extensive shareholder base.
Anchored in an annual investment commitment of 2.5% of GDP, the Development & Innovation sector gains momentum, steering Saudi Arabia toward monumental growth by 2040. This surge is reinforced by an escalating FDI trajectory, targeting an impressive increase from 3.8% to 5.7% by 2030.
The Private Sector emerges as a dominant force, set to contribute 65% to the nation's endeavors by 2030, showcasing its pivotal role in realizing Saudi Arabia's ambitions.
Small and Medium Enterprises (SMEs) take center stage, slated to drive 35% of the GDP by 2030, underscoring a diversified and robust economy. This progress is further highlighted by the Saudi GDP surpassing $1 trillion in 2022, a testament to the nation's economic ascendancy.
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Our offerings encompass every facet of your venture, providing a comprehensive framework that guides you from ideation to implementation.
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Tap into the reservoir of qualified local expertise, ensuring that you navigate the landscape with proficiency, insight, and in-depth understanding.
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Experience unparalleled efficiency as we streamline the intricate process of business setup, allowing you to establish your enterprise swiftly and seamlessly within a mere 30 days.
Establishing a company in Saudi Arabia involves an initial incorporation process that typically spans 30 to 40 days. Following this, there are several post-setup registrations and procedures that must be completed, which can take up to an additional 60 days.
You can include up to 10 activities on your license, as long as these activities fall within the same category.
The typical costs to establish a company in Saudi Arabia start at around SAR 45,000 (equivalent to USD 12,000). These costs vary based on the scale of operations and the level of assistance required. They cover general government disbursements and service charges. For a more precise estimate tailored to your specific needs, it's recommended to get in touch directly. Additionally, early-stage, venture capital-backed companies may be eligible for subsidies.
To set up your company in Saudi Arabia, you don't need to personally visit the country initially, as Arabian Business Centre can handle the establishment process on your behalf without requiring the physical presence of beneficial shareholders or the general manager. However, the person designated as the General Manager of the company will need to travel to Saudi Arabia eventually to complete their visa/Iqama formalities and to open the corporate bank account.
o establish a company in Saudi Arabia, you will need to provide several documents from your existing company, including:
Additionally, you must provide copies of the passports of the beneficial owners and the nominated General Manager.
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