DuVolks helps with setting up a company in Saudi Arabia for foreign investors and GCC citizens offering complete support from paperwork and permits to registration and compliance.
*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
Issuing PoA (Power of Attorney) – 2 to 5 days
Trade Name Reservation – 1 to 3 days
Selecting Business Activities – 1 to 2 days
Drafting and Submitting AoA – 3 to 7 days
Issuance of CR (Company Registration Certificate) – 5 to 10 days
GCC Citizen Visits Saudi Arabia – Varies based on travel plans
Issuing Saudi Residency (Iqama) for GCC Citizens – 5 to 10 days
Getting a New SIM Card Under Saudi Iqama – 1 day
Activating Absher Account After Enrolling Biometric Data – 1 to 2 days
Linking Saudi Residency (Iqama) with CR – 1 to 3 days
Activation of Chamber of Commerce Membership – 1 to 3 days
Activation of Government Portals (Qiwa, GOSI, ZATCA, etc.) – 5 to 10 days
Renting Business Facility – Varies (typically 5 to 15 days)
Opening a Bank Account – 5 to 10 days
Issuing Baladiya (Municipality) License for the Facility – 7 to 15 days
Selecting the Business Activities – 1 to 2 days
Preparing Foreign Entity Documents – 5 to 10 days (varies based on document availability)
Legalizing Foreign Entity Documents – 7 to 15 days (depends on country of origin)
Obtaining an Investment Registration Certificate from MISA – 5 to 10 days
Reserving the Trade Name – 1 to 3 days
Drafting & Publishing AoA – 3 to 7 days
Issuance of CR (Commercial Register) – 5 to 10 days
Applying for a GM Visa or Transferring GM Sponsorship – 7 to 15 days
Issuing Iqama (Residence) for GM – 5 to 10 days
Linking GM Residency (Iqama) with CR by amending AoA – 2-4 days
Registering GM with the Chamber of Commerce – 1 to 3 days
Activation of Government Portals (Qiwa, GOSI, ZATCA, etc.) – 5 to 10 days
Renting Office or Outlet for the Client – Varies (typically 5 to 15 days)
Registering National Address – 1 to 3 days
Opening a Bank Account – 5 to 10 days
Issuing Municipality Commercial License – 7 to 15 days
Find the process below
Answer a few quick questions. Our team will review and let you know if you’re eligible to start a business in Saudi Arabia.
ContinueWondering how much it'll take to bring your business idea to life? Our cost calculator helps you estimate expenses and budget like a pro.
A MISA (Ministry of Investment Saudi Arabia) license is a mandatory license for foreign investors to set up business in Saudi Arabia. It's the first step in company formation and serves as official authorisation 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.
• Certificate of Incorporation (CR, Trade License etc.)
• Memorandum / Articles of Association (MoA/AoA)
• Audited Financials
• Power of Attorney
• ID Copy of GCC Citizen
• Passport Copy of GCC Citizen
• Power of attorney
• Joint-stock company
• Limited Liability Company
• Establishment/Sole Proprietorship
• Limited Partnership Company
• Joint Venture
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.