How to Start a Company in Saudi Arabia

How to Start a Company in Saudi Arabia

How to Start a Company in Saudi Arabia

A Step-by-Step Guide for Entrepreneurs

1. Determine the Type of Business

First, decide the type of legal entity for your business. Common options include:

  • Limited Liability Company (LLC)
  • Joint Stock Company
  • Branch of a Foreign Company
  • Sole Proprietorship

2. Reserve a Company Name

You need to reserve a unique company name through the Ministry of Commerce (MoC) online portal.

3. Obtain the Commercial Registration (CR)

Register your business with the Ministry of Commerce to obtain a Commercial Registration (CR), which is required for legal operation.

4. Acquire Necessary Licenses

Depending on the business activity, you may need additional licenses from relevant authorities such as:

  • Ministry of Investment (MISA) for foreign-owned businesses
  • Municipality license
  • Specialized industry licenses

5. Open a Bank Account

Open a corporate bank account in Saudi Arabia using your CR and other legal documents.

6. Register with ZATCA

Register with the Zakat, Tax and Customs Authority (ZATCA) for tax purposes, including VAT if applicable.

7. Saudization and Employment

Comply with Saudization (Nitaqat) requirements, which involve hiring a certain percentage of Saudi nationals.

8. Start Operations

Once all legal requirements are met, you can start your business operations officially.

© Business Guide Saudi Arabia

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