Complete business set-up and end-to-end company formation for Saudi Arabia. Enter the GCC's largest and fastest growing market today with our experienced and award winning team.
Access one of the world's fastest-growing economies through the Saudi Vision 2030 initiative. Saudi Arabia is now a key player on the global economic stage, offering attractive investment opportunities and business prospects across key sectors such as health, IT, FMCG and more. With a burgeoning middle class and a robust economic trajectory, Saudi Arabia provides foreign businesses with exceptional opportunities to drive international expansion and foster growth.
Seamless and efficient KSA company set-up for foreigners & GCC nationals. Our experience and relationships with Government Bodies guarantees smooth and efficient business incorporation for companies in Saudi Arabia.
Ongoing compliance and reporting for Saudi entities. As a new business, we ensure your business complies with local regulations and compliance regulations. The Sanctuary team are here to assist you at all stages of your expansion into Saudi Arabia.
We guide you accurately regarding the regulations for business activities and respective license requirements for foreigners & GCC nationals opening businesses in Saudi Arabia.
Allow our experienced team to guide you at all stages of your expansion and relocation. We offer ongoing tax and compliance advisory for business and individuals living in Saudi Arabia.
Employment Visas, Bank Account Opening, Iqama processing, Saudization and recruitment support
Trusted Clients
Companies Incorporated by Our Team Members
Combined AdvisoryExperience
Experienced & AwardWinning Team Members
We believe in offering unparalleled and uncompromising levels of advice, expertise, care and attention. We limit the number of companies and individuals we work with on a monthly basis, because we will not compromise on our approach and service levels towards our clientele.
We have worked with some of the largest businesses, HNWI’s and UNWI’s, families, family offices from around the world and helped them with structuring their affairs within the UAE and Saudi Arabia.
The initial company incorporation will take between 30-40 days to complete. There are a number of post set-up registrations and procedures to be completed post the initial incorporation of the company and these process can take up to 60 days to complete.
Providing the activities are within the same category, you can have up to 10 activities without any restrictions.
These generally start at SAR45,000 (USD12,000) and increase depending on the level of operation and assistance that you require. These costs include general Government disbursements as well as service charges, however please contact us to understand the costs relative to you more. There are also subsidies available to early stage, venture capital backed companies.
Certainly! Expats can own a business in Saudi Arabia through the KSA business set-up process. The Kingdom of Saudi Arabia has implemented reforms to encourage foreign investment, allowing expatriates to establish and own businesses. The KSA business set-up involves several steps, including obtaining the necessary licences and approvals. This initiative supports economic diversification and fosters a more business-friendly environment. Expats interested in entrepreneurial ventures in Saudi Arabia should navigate the KSA business set-up process, ensuring compliance with local regulations and leveraging opportunities in this dynamic market.
Foreigners interested in setting up a business in Saudi Arabia can navigate the Company Formation KSA process. The Kingdom has implemented measures to attract foreign investment, making it feasible for expatriates to establish and own businesses. The Company Formation KSA involves several key steps, including obtaining the necessary licences, adhering to legal requirements, and ensuring compliance with local regulations. Engaging with a local business consultant can simplify the process, providing valuable insights into the local market. With the right guidance, foreigners can successfully embark on the Company Formation KSA journey and tap into the opportunities offered by this dynamic and growing economy.
Sanctuary will be acting on your behalf in this respect so we can establish the company without the physical presence of the beneficial shareholders or general manager. However, the nominated General Manager of the company will need to travel to Saudi Arabia to complete their visa / Iqama formalities and open the corporate bank account.
You must provide the documents from you existing company, which include; Certificate of Incorporation / Trade License, Memorandum of Association and a Audited Financial Statement. You will also need to provide the passport copy(s) of the beneficial owners as well as your nominated General Manager.
We specialise in providing comprehensive Services for Company set-up in KSA, offering end-to-end solutions that meticulously guide you through the entire 20-stage process. Our dedicated team ensures a seamless journey, handling everything from legal requirements to operational setup. With a focus on efficiency and precision, we pave the way for your business to become fully operational in Saudi Arabia, navigating the complexities with expertise and commitment to your success in the dynamic Saudi business landscape.
The process of Setting Up a Foreign-Owned Company in Saudi Arabia has become more accessible, thanks to the Kingdom's initiatives to streamline business incorporation. With a focus on attracting international businesses, Saudi Arabia provides various corporation types tailored for foreign entities. This strategic move aims to simplify the setup of foreign-owned companies in the country, reflecting the Kingdom's commitment to fostering a welcoming environment for global businesses looking to establish a presence in Saudi Arabia.
As of January 1, 2024, a significant regulatory change requires multinational companies to relocate their Regional Headquarters set-up Saudi. This mandate includes specific criteria for employees, with a minimum of 15 individuals, including at least 3 at the director level. This directive reflects the Kingdom's commitment to streamlining business operations and attracting global companies. The move aims to simplify the incorporation and relocation process, showcasing Saudi Arabia's dedication to creating a business-friendly environment for international corporations, particularly those establishing Regional Headquarters in the country.
