Hazim Almadani Law Firm
Establishing A Company in Saudi Arabia
Steps to establish a foreign company in Saudi Arabia
Registering with Ministry of Investment (MISA) and obtaining the foreign investment license.
Preparing Articles of Association, notarizing and publication.
Apply for the Commercial Registration Certificate (CR) in Ministry of Commerce (MOC).
Activating of CR in MOC.
Opening Bank account
Registering with Chamber of Commerce
Assisting in leasing agreement
Liaison for obtaining approval from Civil Defense
Obtaining Municipality license.
Opening the labor file with Ministry of labor office.
Registering with General Organization for Social Insurance (GOSI).
Registering with General Authority of Zakat and Tax (GAZT)
Registering with Value Added Taxes (VAT) authority.
Registration with Saudi Post authority for National Address.
Registration with QIWA
Registration with MUDAD Platform.
Getting visa for the General Manager.
Subscribe and activate Muqeem Service.
Saudi vision 2030
types of companies in Saudi Arabia
Limited liability companies (LLC)
Joint stock company (JSC)
Sole proprietorship Limited liability company (SPLLC)
Limited partnership company (LLP)
is a business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task. This task can be a new project or any other business activity.
Advantages of Establishing A Company in Saudi Arabia
You can establish a 100% foreign company without Saudi Arabian partners.
Structural Flexibility, where you can have a non-Saudi citizen, as its director, general manager, or shareholder
Easy procedures for transfer of shares.
The minimum number of company directors or shareholders required to form an company is just one
Freedom of complete repatriation of capital and profits.
Multi-currency bank accounts.
Ease in opening a corporate bank account in Saudi.
Simplicity in managing and handling international operations.
No requirement for a special license to conduct banking and insurance businesses.
Reducing the time to establish certain companies from 15 days to 30 minutes
Zero Individual Income Tax.
Guaranteed favorable Tax climates.
Why join the Saudi market?
Why the Law Firm of Hazim Al-Madani?
our fees are crystal clear. We spend time and effort to explain the steps and prices to our clients.
our aim is to make the registration process easier and simple for our clients. We will assist you in everything.
Got a Question?
Having been experts at establishing foreign companies and international business practices in the Saudi market, we provide our clients with tailored legal services designed to fit their needs, starting from pre-contract negotiations, drafting and reviewing joint venture agreements, advising on document related matters to the establishment of companies, subsidiaries and branches, advising companies on day-to-day matters, organizing attendance at minutes of board meetings, drafting and approving meeting reports, obtaining official licenses, advising on the company structure, setting policies, and providing the best tax and customs solutions to our clients in terms of procedures and fees, all while ensuring the element of speed upon each and every stage, knowing time is the only currency that cannot be replaced.
MISA is The Ministry of Investment in Saudi Arabia, it is the governmental entity that licenses foreign companies to operate in Saudi Arabia without a local partner.
upon ensuring all necessary documents are in order, the company will be fully established within approximately 45 working days.
only the General Manager needs to visit Saudi Arabia to establish his Iqama documentation.
The price is set according to whether there are requirements to gain special permits from certain ministries or government associations. It also depends on the activity of the company being established.
For more information regarding the costs, feel free to reach out to us via email. email@example.com