Set Up Business in
Saudi Arabia Within 30 days
Business can be set up within 30 days maximum only if the GM has residency. Otherwise, a maximum of 45-60 days would be required
Business can be set up within 30 days maximum only if the GM has residency. Otherwise, a maximum of 45-60 days would be required
The cost of company formation in Saudi Arabia varies according to different factors such as the type of business, location, legal structure, type of license and more. However, we can give you an answer, thanks to our experience. Click the button below and provide the details to get an approximate cost.
Trusted by more than 140 businesses from diverse industries, DuVolks is a business consultant with a broad know-how of business setup in Saudi Arabia. We firmly believe that setting up one’s dream company shouldn’t be a headache and we exist to ensure that.
With the combined expertise of more than 3 years, we help you ensure that every process such as getting the right licenses, opening a bank account, registering employees, meeting regulatory requirements and more is hassle-free. Whether you are a foreigner or a GCC citizen, we can help you set up your business in Saudi Arabia smoothly.
Assistance with obtaining General Manager visas and residency permits (Iqama) for company executives and managers.
Setup and activation of essential government online portals and accounts needed for business operations.
Complete support in navigating the process of opening corporate bank accounts in local banks.
Complimentary one-month access to PRO (Public Relations Officer) services to help handle government-related procedures and paperwork.
Assistance with obtaining General Manager visas and residency permits (Iqama) for company executives and managers.
Setup and activation of essential government online portals and accounts needed for business operations.
Complete support in navigating the process of opening corporate bank accounts in local banks.
Complimentary one-month access to PRO (Public Relations Officer) services to help handle government-related procedures and paperwork.
Click the button below and fill in your business details. We’ll get back to you.
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$2.354 trillion
GDP in 2024
$1.057 trillion
Nominal GDP in 2024
$70,333
GDP Per Capita
54%
Non-oil Sector's Contribution to GDP
12th
Largest Stock Market in the World
2.8%
Growth in GDP During Q3 of 2024
Sources : General Authority for Statistics, Wikipedia, World Bank, Wikipedia
Want to dive a bit more deeper into our business setup service? Download our brochure and get insights into the cost of licenses, governmental fees for different portals, and more.
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Identifying the type of MISA License
Selecting the business activities
Preparing Foreign Entity documents
Legalizing Foreign entity documents
Obtaining an investment license from MISA
Reserving the trade name
Drafting & publishing of AoA
Issuance of CR (Commercial Register)
Applying for a GM visa or transferring GM sponsorship
Issuing Iqama (residence) for GM
Registering GM with the Chamber of Commerce
Activation of govt. portals
Renting office or outlet for the client
Registering national address
Opening a bank account
Issuing Municipality Commercial License
Issuing PoA (Power of attorney)
Tradename reservation (Arabic Tradename ONLY)
Selecting the business activities
Drafting and submitting AoA
Issuance of CR (Company Registration Certificate)
GCC citizen visits Saudi Arabia
Issuing Saudi residence (Iqama) for GCC citizens
Getting a new SIM card under the Saudi iqama of GCC citizens
Activating the Absher account after enrolling in bio-metric
Linking Saudi residency of GCC citizens with CR
Activation of Chamber of Commerce membership
Activation of Government portals (Qiwa, Gosi, ZATCA, SPL, CoC, Muqeem, and Mudad, etc.)
Renting business facility (Office, Workshop, Store, Warehouse, Factory, etc.)
Opening a bank account
Issuing Baladiya (Municipality) license for the facility
A MISA (Ministry of Investment Saudi Arabia) license is a mandatory license for foreign investors to conduct business in Saudi Arabia. It's the first step in company formation and serves as official authorization for foreign investment in the Kingdom.
No, GCC citizens don't need a MISA license. They can establish businesses in Saudi Arabia under the same regulations as Saudi nationals, following the Economic Agreement between GCC countries.
Yes, foreign individuals can obtain a MISA license to set up a business in Saudi Arabia. However, they must have premium residency in Saudi Arabia and follow sector-specific regulations for company registration in Saudi Arabia.
Sometimes, it could take just a few days and at times, it could take a few weeks. The exact time depends upon the bank you have chosen and timely document submissions.
Navigating business setup in Saudi Arabia requires a deep understanding of local regulations, processes, and cultural nuances. At DuVolks, we streamline this complex journey into a seamless experience, handling everything from initial registration to government portal activations, while you focus on your core business strategy and growth plans. So, if you are looking for assistance to set up your company smoothly, DuVolks is who you are looking for.
Our team combines extensive knowledge of Saudi business landscape with practical experience in company formations. We keep you informed about regulations that matter to your business, helping you make strategic decisions.
Beyond basic registration, we manage your GM visa processing, bank account opening, and government portal setups. This comprehensive approach eliminates the need for multiple service providers and reduces potential delays.
Our established relationships with key government departments mean faster processing times and accurate submissions. We know exactly which offices to approach and how to present your applications effectively.
Every step is clearly communicated, with regular updates on your application status. We will provide clear timelines and explain any requirements or changes that affect your setup.
Our service packages are structured to include all essential elements of business setup without hidden costs. We provide detailed breakdowns of both our service fees and government charges upfront. And these do not affect the quality of our service
Owing to our expertise and government relationships, we process GM/CEO visas faster than other companies, helping you launch operations sooner. Our streamlined approach ensures quick turnaround without compromising compliance.
The support doesn't end at registration. Our one-month PRO service ensures you're well-equipped to handle ongoing compliance requirements and administrative tasks as you start operations.
