Company Formation in Saudi Arabia
Launch your business in the Kingdom with confidence.
Starting a business in Saudi Arabia is a direct path to growth. Processes of formation of the company in Saudi Arabia are now simpler than ever. We offer professional advice in all stages at JADIR.
We are your company formation consultants in Saudi Arabia. This is because the right structure secures your assets. It also optimizes your operational flexibility.
Key Business Entity Options
The most important choice is the selection of the proper legal structure. The decision to make is the correct one. The key business entities are:
Limited Liability Company (LLC)
This is the most prevalent option. It is best suited to the majority of small and medium-sized companies. An LLC provides limited liability to the owners (shareholders). The LLC registration process is clear and streamlined.
Joint Stock Company (JSC)
The case of larger enterprises that intend to sell public shares. It has got greater minimum share capital. It entails stricter rules of corporate governance. A JSC may be either a private or a public one.
Foreign Company
An established foreign firm is permitted to operate in Saudi Arabia. The branch is not a legal entity on its own. It is an offshoring company of its parent. This alternative applies in the case of established international companies.
Representative Office
This venue is used to conduct market research and promotion. A Representative Office is not in a position to raise revenue and can not enter into contracts. It is a cheap means of gaining a preliminary presence.
The Step-by-Step Formation Process
We make company formation in Saudi Arabia demystified. We take the whole trip on your behalf.
- Consultation & Structure Selection: We will ask questions about visions and accomplishments. We would then suggest the best legal entity. We present the special needs of your activity.
- Name Reservation & Initial Approvals: Trade name proposal to the Ministry of Commerce. We secure its approval. We also get and seek any pre-approvals that may be required by the sector authorities.
- Document Drafting & Legalization: We put together the basic documents of your company. In the case of LLC, it is the Articles of Association (AoA). We make sure that it complies with all Saudi standards of law.
- SAGIA Registration & Licensing: To foreign investors, we do the registration of SAGIA. We have the successor of this, which is the Ministry of Investment (MISA). We received your last Commercial Registration (CR) at the Ministry of Commerce.
- Capital Deposit & Final Registration: Depositing the share capital into a temporary bank account. We furnish evidence from your last application. We make your registrations at the Chamber of Commerce and the tax authority (ZATCA).
Understanding Costs and Timelines
The formation costs of companies in Saudi Arabia are different. It is based on your structure of choice, share capital, and business entities. The expenses involved are government fees, notarization fees, and professional service fees.
The general time of registering a foreign ownership company in an LLC is usually up to 6 to 10 weeks. The consultancy of company formation in Saudi Arabia is to make this process smooth.
Why Clients Trust JADIR
“My company formation consultants in Saudi Arabia were JADIR. The team guided us through what could have been a very difficult process and made it easy. Got our Foreign Investment License and LLC registration faster than expected.”
– Aabid K., Technology Sector Investor
FAQs
What is the minimum share capital required for an LLC?
The amount of capital required is analysed in relation to your business entities. It should be adequate to meet start-up expenses.
Is physical presence required during the formation process?
We are the designated company formation consultants in Saudi Arabia. We can be able to do most of the work remotely through powers of attorney.
What is the difference between SAGIA and MISA?
The Saudi Arabian General Investment Authority (SAGIA) transformed into Ministry of Investment (MISA). This system is still referred to as SAGIA registration.
How long is the Commercial Registration valid?
Your business license (Commercial Registration) is a one Hijri year license. We give renewal services to all our formation clients.
Start Your Company Formation Today
The Saudi Arabia opportunity is a reality. The company formation process in Saudi Arabia requires a correct partner. Give JADIR, your specialist company formation consultants in Saudi Arabia. We offer the knowledge to make appropriate LLC registration and company incorporation.
Get in touch with us today and have a free consultation. We will present a paved road map and a solid quote for setting up your new business entities.