Advantages of starting a company in Saudi Arabia

Petroleum economic center

One of the world's largest oil producers, the energy industry is rich in investment opportunities and a sound industrial chain.

Strategic geographic location

Connecting the three continents of Asia, Africa and Europe, radiating the 2 billion population market in the Middle East, the logistics hub has obvious advantages.

Government incentive policy

Tax holidays, subsidies, and low tax rates (20% corporate income tax) attract foreign investment and support localization.

Giant sovereign fund

Funds such as PIF support large projects, have sufficient capital, and are active in infrastructure and technology investments.

Vision 2030 Plan

Economic diversification reform, opening up tourism, finance, science and technology and other non-oil investment opportunities.

Convenience of free trade area

Such as King Abdullah Economic City, foreign ownership can be 100%, tax free and simplified registration process.

The process required to register in Saudi Arabia

Information is available upon registration

Certificate of registration

Articles of association

Announcement of establishment

Company shareholder certificate

Company information card

Letter of authorization of nominal director

Commercial Secretary authorization document

Nominal address authorization file

First board resolution

Company signature seal

Steel seal

Fancy data box

about-banner4

Tax filing service

Details may vary depending on the type of company, its size and location

Value Added Tax (VAT) filing

The standard tax rate is 15%, and VAT returns are required on a monthly or quarterly basis.

Enterprise income tax declaration

Tax rate of 20%, once a year, subject to the submission of audited financial statements.

Withholding tax (WHT) filing

5-20% of cross-border payments are withheld and must be declared monthly.

Social Security (GOSI) payment

Employers are required to pay about 12 percent of their employees' monthly social security contributions.
Cart (0 items)

购物车里没有产品

en_USEnglish