Following a 2000 Saudi government foreign investment law the Saudi Arabian General Investment Authority (SAGIA) started by becoming the Ministry of Investment of Saudi Arabia (MISA) per Royal Decree in February 2020.
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Through SAGIA foreign companies gained expedited investment application processing together with business enrollment and company establishment services including thirty days of guaranteed investment application handling.
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MISA / SAGIA company formation benefits
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Any foreign investor planning to build a company in Saudi Arabia must receive a commercial license which MISA grants. All foreign investors need to find comprehensive solutions through GCC Solutions which enables market entry through service delivery in an expedited manner. Investors have the legal right to obtain 100% company ownership within Saudi Arabia if the selected activity allows this form of ownership. The Saudi ownership minimums apply to the management of construction projects or engineering projects alongside insurance and reinsurance companies and public transport and real estate financing and communication related industries.
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Company formation procedures in Saudi Arabia pose significant obstacles to people who lack experience with established regulations. Company start-up services include complete end-to-end company incorporation guidance as well as post-formation assistance which our specialist consultants deliver to customers. Our team will use business-specific recommendations to help you execute each step while adhering to your particular situation. The company delivers an easy connection that allows clients to interact directly with KSA government representatives.