Saudi Arabia is a good place to start a business because of its strong economy, large market potential, and supportive government policies. The country has a diversified economy with a focus on sectors such as oil, gas, petrochemicals, and tourism. Additionally, the government has implemented several measures to encourage foreign investment and ease the process of starting a business in Saudi Arabia. Also, the country has a young and educated population which provides a skilled workforce for business
Setting up companies in Saudi Arabia can be a complex process, with key steps including obtaining licenses and permits, registering with the chamber of commerce, and obtaining approvals or certifications. Our professionals help to ensure compliance and make the process smooth.
Our business support service in Saudi Arabia helps entrepreneurs navigate the local market, comply with regulations, and set up their businesses successfully. From legal and financial advice to market research and networking, we offer a comprehensive range of support services.
Our finance and accounting service in Saudi Arabia offers expert support for all your financial needs. From bookkeeping and tax compliance to financial planning and budgeting, we provide comprehensive solutions to help your business thrive
Get professional and accurate assistance with all your tax-related needs. From filing and compliance to tax planning and optimization, we have you covered. Trust us to handle all your tax matters efficiently and effectively
Management reporting is the way to have a complete picture of your company’s performance, which helps business owners to make more accurate and data-driven decisions
Let us help you optimize operations & keep pace with the changing business environment by opening up the advantages of technology-enabled financial service opportunities for your business in KSA.
We are the premier option for entrepreneurs and business proprietors in KSA who are in search of comprehensive business consulting solutions. Our services are dependable, customized, and designed to suit your individual requirements, organizational framework, and operational domain.
If your question is not addressed here, please feel free to reach out us. We value your inquiry.
Yes, foreigners can apply to set up a business in Saudi Arabia and have 100% ownership. Ministry of Investment of Saudi Arabia (MISA) will issue a business license to foreign investors.
The minimum requirement for starting a 100% foreign owned business will be changed according to the activity you are planning to start in Saudi Arabia.
Here's a concise version of the types of investor licenses for businesses in Saudi Arabia:
The time required to complete the licensing process for a business in Saudi Arabia varies. It can take 30 days, depending on factors like business type, documentation, and other processing. After application submission, there's a review period, potential additional approvals, legal steps, and setting up the physical location. Staying updated with authorities and having complete documentation can help expedite the process.
The corporate tax in Saudi Arabia is 20% annually of the net profit.
Trade licenses get issued within a span of 7-15 days post the application submission.
We provide flexible options of packages that fit your needs and budget. Please get in touch with us for more details about our packages or how we can create a custom package for you.
Clients
Analytix is a one-stop destination for your Business setup services, Accounting, Bookkeeping, CFO, VAT, and Auditing Advisory services in the KSA. Since its inception in 2008, we have expanded into one of the leading firms of accounting and tax consultants in Saudi Arabia, serving our clientele with extreme dedication.
Our in-house team of highly experienced professionals with in-depth knowledge of finance and accounting along with an exceptional understanding of the tax environment of the Kingdom looks into every work with utmost diligence
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