Saudi Arabia has an open business environment, and the government continues to promote business reforms and foreign investment, providing great convenience and business opportunities for enterprises.
1. Company type selection
In Saudi Arabia, the types of companies that can be registered include limited liability companies (LLC) and joint stock companies (JSC). Investors need to choose the appropriate company type according to business needs.
2. Registered capital requirements
The minimum registered capital of a limited liability company (LLC) is 100,000 Saudi riyals).
The minimum registered capital of a joint stock company (JSC) is as high as 5 million Saudi riyals.
The minimum capital requirement for a limited liability company with foreign participation is usually 500,000 Saudi riyals, which needs to be paid in full.
3. Shareholder and director requirements
Saudi companies are required to have at least one Saudi shareholder and one Saudi director.
The director/manager must hold a Saudi visa and residence permit (applied after the company is established).
There must be 3 basic shareholders and a Saudi secretary must be appointed.
4. Office space and licenses
It is necessary to rent or purchase an office space that meets the regulations in Saudi Arabia and provide relevant supporting documents.
Some industries may require special permits or licenses to register a company.
5. Office Space and Licenses
You need to rent or purchase a compliant office space in Saudi Arabia and provide relevant supporting documents.
Some industries may require special permits or licenses to register a company.
6. Company Name
The company name must comply with Saudi commercial law, cannot be the same as an existing company, and cannot contain any inappropriate or sensitive words.
1. 100% foreign ownership: Saudi Arabia allows foreign investors to hold 100% of the company's shares without having to find local partners, ensuring that foreign-invested enterprises have full control over corporate decisions.
2. Government support: The Saudi government provides foreign investors with various preferential policies and support measures, including tax exemptions, land leasing, market access, etc., to attract more international companies to invest.
3. Rich resources: As one of the world's largest oil exporters, Saudi Arabia has abundant oil and natural gas resources, providing huge development opportunities for foreign-invested enterprises in energy and related industries.
4. Geographical advantages: Located in the heart of the Middle East, Saudi Arabia connects many important economic regions such as Europe, Asia and Africa, providing convenience for foreign-invested enterprises to expand their markets.
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