Are you an entrepreneur seeking to establish your own company in Saudi Arabia? Look nowhere else! We are here to help you every step of the way and launch your dream business in one of the world’s most vibrant and successful economies. Setting up a company in KSA will only help in the growth of your business as they have 334 billion nominal GDP and $230.8 billion FDI inward stock!
Hashtag Startup provides professional guidance and services to global and domestic investors looking to launch enterprises in the nation. Although we are aware that starting a business can be difficult, especially in a foreign country, we can guide you through the process with ease and efficiency because of our vast expertise and understanding of the Saudi Arabian business landscape.
In addition to assisting you with licencing needs and making sure your business complies with all relevant rules and regulations, our team of specialists will help you choose the best legal structure for your business. We can walk you through the entire process and help you make the best choices whether you’re looking to establish a limited liability company, a joint venture, or a branch of an existing business.
The cost to form a company in Saudi Arabia differs on the business entities, license types and the shareholding structure of your company. There are 5 different business entities that you can choose from:
Talk to our experts for detailed explanations and consultations on what will be best for you. Give us a chance to assist you in making your company goals come true in the Kingdom of Saudi Arabia!
The process might seem complex and confusing, that’s why our team of experts will handle everything for you!
We take great pride in our dedication to openness and honesty. We think it’s critical to give our clients accurate and trustworthy information so they can make wise decisions. We also think it’s important to tell our clients at every stage of the process so they always know what’s going on and what they need to do. Set up a corporate bank account and you’re all set to go!
At Hashtag Startup, we recognise that every company is different, and we provide specialised solutions to satisfy each client’s particular requirements. In addition to striving to make the process of launching a business as easy and stress-free as we can, our team is committed to providing great service.
So why wait? Reach out to us and set off the process of achieving your business goals by forming your dream company in Saudi Arabia! We will handle all the paperwork for you so you can focus on the core aspects of your business.
There are various limits on foreigners’ ability to engage in some business activities in Saudi Arabia. Consulting (except certain management consulting activities), healthcare, the military, recruiting, oil exploration, drilling, and production, as well as real estate investment in Makkah and Madinah, are all examples of restricted business operations.
An initial consultation to ascertain your needs is one of the first steps in launching your business in Saudi Arabia. After reviewing your company profile, we will prepare a plan to apply for your foreign firm with the Saudi Ministry of Investment (MISA). You will receive the Commercial Registration after the firm registration is complete (CR). Finally, we will finish the post-business formation procedures and organise the measures for requesting a corporate bank account and the Iqama of General Manager (Saudi residency visa).
Depending on the company structure, a Saudi firm’s formation documentation may differ. The initial list of documents needed includes, i) A copy of the most recent company trade licence or an equivalent; ii) Passport copies of the shareholder, director, and authorised signatories; iii) Memorandum and Articles of Association (with copies of any additions or changes); iv) Resolution and Power of Attorney (detailing plans to establish a Saudi corporation).
The cost needed to form a Saudi company will vary depending on the type of licence, the ownership structure, and the type of operations it will undertake. Book a consultation with Hashtag Startup to know more details specific to your needs!
Expats in Saudi Arabia are permitted to own 100% of their business in Saudi Arabia. There are various advantages to establishing a company and/or its headquarters in Saudi Arabia as part of the Kingdom’s Vision 2030. Reach out to our experts for more information.
To encourage the creation of businesses and draw in international investors, the Saudi government has provided an incentive. The initial company registration and set-up fees are lowered by two-thirds for Saudi companies that are established within the first year, which attracts new market participants.