- $ $ 1.3 TRN estimated total credit demand by 2030
- 53% increase in the share of capital markets assets by 2030
With Vision 2030 and the recent reforms in the business laws, Saudi has become one of the most promising and potential places in the world to start a new business or expand a business. Analytix acts as a pillar of support helping you in setting up a 100% foreign-owned business in the KSA and also in running your business successfully under the MISA/SAGIA guidelines. The different types of companies permitted in the kingdom are Subsidiary company or a Limited Liability Company, GCC company, branch of a foreign company and dual ownership company. The process of setting up a business with various licenses is different. With an experienced team, Analytix can guide you through the process seamlessly.
Saudi Arabia is the wealthiest economy among the countries in the Middle East. And it has a major position among the top twenty wealthiest economies in the world.
As a part of Vision 2030, an array of recent economic reforms is happening in the Kingdom. Saudi Arabia aims to increase foreign investment contribution to the GDP by 2030 to create a potential environment for local and foreign investments. Saudi Arabia is encouraging private sectors and investments to employ more Saudi nationals and diversify its economy by making the law and regulations more business-friendly. The Kingdom has become the most potential marketplace for investors, business owners, and entrepreneurs with a booming economy
A subsidiary or LLC Company is the most commonly used, widely popular, and easiest type of company to set up in Saudi Arabia. A subsidiary company is totally or partially held by a holding company. The subsidiary business will be like a separate entity and need not report to the holding company.
If you are planning to expand your business, then Saudi Arabia is the best choice because of the booming business opportunities here. You can start a branch of your business in the KSA by opening a branch office of the foreign company. This has given immense opportunities to foreign investors to grow their business. A branch office, though it is a separate entity, can do only the same business activities as that of its holding company.
Setting up a GCC company in Saudi Arabia is only for GCC nationals. This is a unique investment opportunity by the Saudi Government for investors from other GCC countries. By starting a GCC company in the KSA, the GCC nationals get all the benefits that are given to Saudi nationals. They can visit Saudi easily and can set up their trade or service business here within a limited time as compared to the long approval time or any delays that normally happen for other foreign investors .
If you want to start a new business in the UAE and its branch in Saudi Arabia, then you need to set up a dual ownership company. This is the best investment opportunity for foreign investors who want to invest in the major GCC hubs of UAE and KSA. By setting up dual ownership, you get to grow quickly with dual sources of income. For this, you need to start a new company in the UAE and then open its branch in the KSA
A subsidiary or LLC Company is the most commonly used, widely popular, and easiest type of company to set up in Saudi Arabia. A subsidiary company is totally or partially held by a holding company. The subsidiary business will be like a separate entity and need not report to the holding company.
If you are planning to expand your business, then Saudi Arabia is the best choice because of the booming business opportunities here. You can start a branch of your business in the KSA by opening a branch office of the foreign company. This has given immense opportunities to foreign investors to grow their business. A branch office, though it is a separate entity, can do only the same business activities as that of its holding company.
Setting up a GCC company in Saudi Arabia is only for GCC nationals. This is a unique investment opportunity by the Saudi Government for investors from other GCC countries. By starting a GCC company in the KSA, the GCC nationals get all the benefits that are given to Saudi nationals. They can visit Saudi easily and can set up their trade or service business here within a limited time as compared to the long approval time or any delays that normally happen for other foreign investors .
If you want to start a new business in the UAE and its branch in Saudi Arabia, then you need to set up a dual ownership company. This is the best investment opportunity for foreign investors who want to invest in the major GCC hubs of UAE and KSA. By setting up dual ownership, you get to grow quickly with dual sources of income. For this, you need to start a new company in the UAE and then open its branch in the KSA
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There are 4 Economic Cities, 5 Special Economic Zone and 36 Industrial Cities in Saudi Arabia. All these offer flexible regulations and incentives to foreign investors depending on the business license and type of activity
The Ministry of Investment Saudi Arabia (formerly SAGIA) grants an investment license to foreign companies to legally operate and conduct business activities within Kingdom.
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..
An office address of your company or firm is required for registering your business and official business communications.
Yes, the authorized signatory is physically required in order to open the bank account in Saudi Arabia. For other procedures the physical presence is not required.
Trade licenses get issued within a span of 7-15 days post the application submission.