Service Description
Establishing Foreign-Owned Companies (100%) in Saudi Arabia
Under Saudi Vision 2030, foreign investors can now establish their companies in the Kingdom with 100% foreign ownership, either through an existing company outside Saudi Arabia or via the Premium Residency Program. This applies to most sectors and commercial activities permitted under the Kingdom's investment laws.Importance of the 100% Foreign Investment Commercial License
Investing in Saudi Arabia offers several advantages, including:- Full foreign ownership (100%) of the company.
- Freedom to transfer profits and capital in and out of the Kingdom.
- Facilitated employment and recruitment through streamlined visas for managers and foreign employees.
- Opportunities for business expansion within a well-regulated environment aligned with Vision 2030.
- Economic and legislative stability, providing a secure investment environment.
- Saudi Arabia has the largest and fastest-growing market in the Middle East, offering a strategic advantage for investors seeking a profitable and attractive environment.
- Opportunities for regional expansion in Middle East and North Africa (MENA) markets.
- Government incentives and support for foreign investors.
- Legal protection and compliance with Saudi regulations, enhancing investor confidence in the market.
To Be Determined
Service Cost
0.0 SAR
Government Fees
15-30 day
Service Duration
Required Documents
- A copy of the parent company’s Commercial Registration from its home country, duly certified by the relevant authorities and the Saudi Embassy.
- A copy of the parent company’s Articles of Association in its home country, duly certified by the relevant authorities and the Saudi Embassy.
- The financial statements for the most recent fiscal year of the foreign company applying for registration, certified by the relevant authorities and the Saudi Embassy.
- A copy of the commercial name reservation issued by the Saudi Ministry of Commerce and Industry.
- A copy of the General Manager’s passport.
- The company’s Articles of Association or Bylaws, depending on its legal form.
- Information on the founding partners and the company’s capital.
- A resolution appointing the General Manager of the branch, along with proof of identity.
- A copy of the ID card if one of the partners is a natural person (individual) holding the nationality of a GCC country (in case his data is not registered in the Absher system)
Terms
This service is limited to foreign companies that have a presence in at least three (3) regional or international markets.
The minimum required capital to practice wholesale and retail trade activities shall be in accordance with the standards of the Ministry of Investment for foreign companies with 100% ownership, and shall not be less than 30 million Saudi Riyals.
If one of the partners has previously obtained a license from the Ministry of Investment, this must be disclosed when filling in the partners’ information during the electronic application submission.
The company is required to meet the following criteria within the first five years:
- Employ Saudis in accordance with the requirements set by the Ministry of Human Resources and Social Development, and develop and implement a program to localize leadership positions within the first five years while ensuring continuity.
- Train 30% of Saudi employees annually.
The company is required to fulfill one of the following options:
- Option 1: The company must invest an amount not less than 300 million Saudi Riyals (including 30 million Saudi Riyals as paid capital) over a period of five (5) years starting from the date of obtaining the investment license.
- Option 2: The company must invest an amount not less than 200 million Saudi Riyals (including 30 million Saudi Riyals as paid capital) over a period of five (5) years starting from the date of obtaining the investment license, in addition to fulfilling one or more of the following requirements during the first five years
