Saudi Arabia
All companies internationally and across the GCC are looking at business set up in Saudi Arabia. Saudi Arabia is the largest market in the GCC and presents massive opportunities for foreign investors for business set up.
Sovereign PPG Saudi Arabia provides a wide range of business services to local Saudi national and foreign clients, designed to assist them to enter, set up their business and thrive in the Saudi market.
Based in Riyadh, Sovereign PPG offers expertise, efficiency and transparency to regional and international businesses and investors seeking to set up in Saudi Arabia. From establishing your company to obtaining your visas, as well as providing essential ongoing support services, we strive to provide high quality, innovative and cost-effective services to our clients to ensure their commercial success in the Kingdom.
Sovereign PPG provides professional consultancy and step-by-step guidance on the incorporation process in Saudi Arabia. Ensuring good corporate governance from the outset and providing advice on the common pitfalls to be avoided when registering a company in Saudi Arabia.
The main steps to consider are primary and secondary registrations, residency (Iqama) for the General Manager, authorisation to hire employees and bank account opening. We can support with the entire process including the initial legalisation and attestation of the required documents at the Saudi Embassy in the foreign investor’s country, right through to the issuance of the Commercial Registration and entity portal registrations in-Kingdom.
Our physical presence in the Kingdom, together with our strong regional presence across the Gulf region – in Dubai, Abu Dhabi, Bahrain, Doha and Muscat – and our global office network spanning Europe, Asia and Africa, has enabled us to assist businesses from five continents to set up and deliver on their commercial plans in the Saudi market.
Apart from the obvious advantages of the Kingdom’s geographical location and its easy access to Africa, Asia, and Europe, there is a lot of effort being made by the Saudi government to drive business to the Kingdom. The Saudi Arabian government launched the Vision 2030 initiative in 2016 to improve the Kingdom’s investment climate, attract increased foreign investment, and encourage greater domestic and international private sector participation in its economy. The Kingdom is outlining some key business incentives and opportunities to attract investors. The Vision 2030 initiative is seeking to increase private sector's contribution from 40% to 65% of GDP.
Key Benefits:
Saudi Arabia is the largest economy in the Gulf region and is becoming an increasingly viable destination for foreign investors and companies to expand into to take advantage of the growing Saudi market.
Recent regulatory changes in the Kingdom have also significantly increased the attractiveness for companies to set up - allowing 100% foreign ownership through the Ministry of Investment of Saudi Arabia (MISA) platform.
This process, however, can be arduous and time consuming and using a Corporate Service Provider based in the Kingdom that can oversee the formation from initial registration to full operation will save time and money whilst the business concentrates on its expansion objectives and strategy. Sovereign PPG have their own on the ground PRO and Operations support service team to assist with all critical government registrations and industry sector specific regulatory approvals and well versed to assist fully in the KSA company formation process.
Commercial registration (and supporting licences) is issued by the Ministry of Investment Saudi Arabia (MISA) and the Ministry of Commerce (MoC). MISA, which was formerly Saudi Arabian General Investment Authority (SAGIA), facilitates investment opportunities for foreign and local businesses and individuals in the Kingdom of Saudi Arabia. As MISA is the registration authority, business licenses in Saudi Arabia can often be referred to as a MISA license or a SAGIA license.
Registration through MISA (SAGIA) is the first step in setting up a business in Saudi Arabia. Essentially, MISA is the gateway to recognition and permission to operate in the Kingdom. MISA’s primary goal is to facilitate and encourage both foreign and local investment.
The most common is the Limited Liability Company (LLC) for which 100% Foreign Ownership is permissible through MISA.
It is the most popular form of legal entity and attracts the most interest and traction from foreign investors. Why? Because 100% Foreign Ownership is applicable from day one. This makes it appealing to foreign investors, benchmarked against other 100% Foreign Owned initiatives in the wider GCC region. However, some activities e.g. Engineering & Consultancy do require a Saudi National Shareholder to be active in the business and become a true 25% Shareholder.
The principal business entities in the Kingdom include Limited Liability Company (LLC), One Person Limited Liability Company (LLC), Sole Establishment, Joint Stock Company (JSC), Branch of a foreign entity and most recently, Regional Headquarters (RHQ) in KSA.
Saudi Arabia is proactively reshaping its economic infrastructure through the introduction of five new Special Economic Zones (SEZs), strategically positioned across the country as part of its Vision 2030 initiative to diversify the economy, attract foreign investment, and foster innovation across various sectors.
Sovereign PPG offers a full range of PRO and licensing services in Saudi Arabia from obtaining licenses, attestation of documents, to obtaining investor visas and Iqama (residency visas) for the General Manager and company employees.
Sovereign PPG offers a full suite of corporate services that support the incorporation of the business, bank account opening and on-going portal and company maintenance requirements in KSA.
Registering a company in Saudi Arabia can be particularly tricky to navigate, An initial free consultation with our KSA consultants will assist you in understanding the process of incorporation and information on the cost of opening and operating a company in Saudi Arabia.
To accelerate development and facilitate investment, Sovereign PPG provides the essential ongoing support services to aid commercial success in the Kingdom.
Protect your company's rights with trademark registration. We can assist with renewal, modification, transfer of ownership etc
Maintenance of company records, document monitoring, filing annual accounts, arrange annual general meeting (AGM)
Work permits, labour quotas and all immigration support for investor, staff and family visas
Opening a corporate bank account is essential for maintaining accurate financial records and facilitating tax compliance
Acting as Interim General Manager for initial setup, whilst the Iqama (Residence visa) for the long-term GM is being issued in KSA
Yes - Saudi Arabia has been promoting 100% foreign ownership for several years now. Licenses issued via MISA, for the majority of activities, enable investors to obtain a 100% foreign-owned company and generally speaking, a business can then operate form anywhere in the Kingdom.
A Commercial Registration (and supporting Licenses) are issued by the Ministry of Investment Saudi Arabia (MISA) and the Ministry of Commerce (MoC). The most common form of legal status is a Limited Liability Company (LLC) for which 100% foreign ownership is permissible through MISA. For foreign investors, activity choices are available via The National Classification for the Economic Activities (ISIC4) and in most cases, a Saudi National shareholder is not required.
The official language of the Kingdom is Arabic, therefore all documents are required to be translated into Arabic by an official legal translator and thereafter submitted to the relevant Government authority. Sovereign PPG works with trusted legal translation partners to supply these documents.
Currently, there is no employment tax or personal income tax in Saudi Arabia.
Yes. Saudi Arabia has introduced a short-term work visa called a temporary work visa. It is a multi-entry visa and grants foreign nationals the right to work in the Kingdom for 6 months from the date of entry and can be extended for an additional 6 months. The temporary work visa is valid for one year from issuance.
The set up costs associated with setting up a company in Saudi Arabia will vary depending on the specific requirements of the company, specifically the activities that the company wishes to undertake in the Kingdom and any special approvals that may be required. Other cost considerations include, the number of employees and suitable commercial premises (physical office space) in a preferred location.
For a detailed discussion on the requirements and timelines to set up a company in KSA please contact a member of the Sovereign PPG team in Saudi on +966 (0)50 759 8601 email us at ksa@sovereigngroup.com. Alternatively, please complete the contact form below and we will be delighted to assist you.
Saudi Arabian General Investment Authority (SAGIA) was the previous name for what is now Ministry of Investment Saudi Arabia (MISA), a government department which facilitates international investment opportunities and enables international businesses to expand to Saudi Arabia with the ability to be 100% foreign owned.
Sovereign PPG and their team have good experience in their field and are always reachable and there to support, we would recommend them for your company's needs.
FIFA
I greatly appreciated the professionality, efficiency, kindness, understanding, patience, and great team spirit displayed by the PPG team. A special mention to Ms. Jade Wong and Ms. Roxanne Villar who were my points of contact. The team promptly answered all my questions and provided sound advice and reliable contacts for further business support. I highly recommend working with PPG. You will receive a personal, practical, efficient, very professional service.
Frinsa del Noroeste
Sovereign PPG provide a bespoke, timely and professional service. They have consistently supported Hertel in all of our business requirements in a very timely and professional manner. All emails are responded in matter of hours, excellent!
AMB Hertel
Sovereign PPG are an excellent partner for new companies in Qatar. A special mention to Paulina and Nadia for being particularly great in responding to all emails and phone calls. Their communication is excellent and provided clarity around technical matters.
WSG Technical Services
Always professional and excellent service, I highly recommend the Sovereign PPG team for all business set up and visa services.
Shaw Contract
We have experienced fast and professional service from the team at Sovereign PPG - their staff always provide competent and on-time replies to queries
Field International Middle East
Sovereign PPG is an extremely competent organisation, that understands the process of setting up a company in the region, and can alleviate the pains of trying to do it on your own. The team involved was extremely well informed and provided prompt service to all inquiries.
AMETEK GmbH
I was extremely satisfied with the service provided by Sovereign PPG; they always provided quick and friendly responses and were very patient as I had (and have) so many questions being new to having a business in the UAE. If you would like to start a company in the UAE then you can find no better resource than PPG! I highly recommend their services.
Breathe Yoga
Sovereign PPG were prompt and professional at all times. They provided sound advice and guidance in a timely manner. We look forward to continuing the relationship with them moving forwards.
Famous Brands
We received a high level of support from Sovereign PPG and were always happy with their prompt communication and feedback. Keep up the good work!
Golden State Foods
We were very happy with the quick service Sovereign PPG provided us and their communication was always on point with a rapid response time. We will surely use their services again.
Coffey
We highly recommend Sovereign PPG. We had a great experience working with Sovereign PPG, the speed of response and clarify in explaining each process was excellent. Sovereign PPG take ownership of the process and completed tasks in a timely manner allowing for us to focus on day-to-day work.
Hydraulic Analysis Group
Sovereign PPG were able to provide excellent guidance and support to us as we established our new company in Abu Dhabi. At every step we were given detailed information by their knowledgeable team which gave us full confidence in their abilities and the peace of mind we needed.
WJ Groundwater Abu Dhabi
We are extremely satisfied with the level of service Sovereign PPG provided for our company registration and business set up. Communication was always on point with very fast and concise responses. We would definitely recommend Sovereign PPG to anyone who wants to form a business in the UAE.
Global Tech Hub
We were very satisfied with the service provided by Sovereign PPG. They were very professional and reliable and offered fast and efficient processing of all documents. We would use the service again in the future and would highly recommend Sovereign PPG.
Harley Street Medical Centre
We have had a good experience with Sovereign PPG. Communication from them has always been a strong point and they completed tasks in a timely manner. Their process is also very user friendly for expat companies. We would recommend any expat company looking to set-up in the region contact Sovereign PPG.
WT Partnership
I’m really pleased with all aspects of the PRO services delivered by Sovereign PPG for our company. The service offered was faultless and I am extremely satisfied with the delivery of our visa applications. The team were dedicated to our needs and have become a trusted partner.
GMCS
Sovereign PPG have been great to work alongside and have always been very proactive and informative during the setup of our company in Abu Dhabi and the transfer of ownership of our Dubai company. They are always quick to answer our enquiries and provide thorough feedback when required. Sovereign PPG have offered the most professional PRO and company formation services that I have experienced in the GCC region, I see a great future for Sovereign PPG and they come highly recommended.
Survival Systems International
We had an excellent experience with Sovereign PPG. The team were tremendously knowledgeable and communicated with us throughout every step of the process. We were extremely pleased with the speed of conversion and will certainly recommend Sovereign PPG!
Ischebeck Titan
Despite setting up a company in the UAE being time consuming and laborious, Sovereign PPG are professional in their approach and offer great support throughout the process. The team is highly proactive and knowledgeable, offering effective advice and finding solutions to issues faced throughout the process. Sovereign PPG offers valuable support to businesses setting up in the UAE, I would definitely recommend them.
Cru Wine Holdings
The service which Sovereign PPG offered was beyond our expectations, the team are very attentive and professional. Sovereign PPG are great to work with and are highly knowledgeable in their field. Overall, we had a very efficient and pleasing experience.
ShawContract
Sovereign PPG is knowledgeable, professional and responsive. The team always provide a detailed response to emails and calls and completed tasks in a timely manner. Amazing service!
Malaak
Sovereign PPG is our PRO Services provider for almost 2 years now and is always prompt in responding to our queries related to Government related transactions. They have been very helpful in various labor and immigration affairs we’ve had and provide the best solution or approach in the most cost effective way. Special thanks to their Government Liaison Specialist, Mary Ann for a job well done and making sure our visas, labor permits, government requirements are completed in a timely manner.”
bfound
Great service, friendly and knowledgeable staff, helped my company with visa applications, trade licence updates and changes, office relocation and many other PRO and company services. Highly recommended.
Thorlux Lighting
Sovereign PPG has been a big help to us in establishing our company in the UAE. Sovereign PPG are always available and attentive to respond to all our queries, highly professional employees had assisted us and are always there to guide us through a potentially complex process. Highly recommended firm to assist on all corporate related works.
EcoRenew Group
Sovereign PPG are very professional and all our queries were answered and responded to promptly. They met and exceeded the level of service we expect from a service provider and they delivered within the agreed time frames. Overall, we felt the quality of their work was excellent. Sovereign PPG is a reliable business partner and we would highly recommend them.
PORR AG
Kaplan Genesis is extremely satisfied with the service provided by Sovereign PPG, Very professional and great customer service and support. Special mention to Libbie (Opperation Manager) who steered our HR Deptartment through over 20 new visa and residency applications, including my own in a personable and very efficient manner. We would highly recommend using the Sovereign PPG to the company looking to get assistance with Company Formation, Government Liaison Services in the UAE
Kaplan Genesis
Working with Sovereign PPG has been an excellent experience. From onboarding them into our company, handing over tasks and formally establishing a working relationship, everyone on their team has been fantastic to work with. I can only recommend them to any small to midsize company in the region trying to get the best HR team possible.
OCS International Finance
Sovereign PPG have been a huge support to me and my business, they’ve not only assisted in the incorporation process of my company in Dubai but also provide on an ongoing basis a fully professional and trusted service covering all areas associated with my company commitments, from providing valuable guidance on the most suitable activity for my business, office search, finding the right local sponsor and handling all of the ongoing post-licensing procedures such as visa applications for me and my team. I would highly recommend Sovereign PPG; they are a very professional and highly recommended company.
Purpose
Sovereign PPG have helped us negotiate the sometimes opaque processes surrounding company set up and registration and at all times have been responsive and efficient. I would highly recommend Pro Partner Group to any other company looking to get assistance with PRO service, Company Formation in the UAE.
Fenergo
Sovereign PPG is well aware about the setup processes and they know what they are doing. They are very efficient and they have a great people working for them. The team is very helpful and they updated me every single step of the way. If you are looking for a premium local partner who is reliable, I would highly recommend Sovereign PPG
Werfen
Group Reel would like to thank Sovereign PPG very much for keeping good cooperation and relationships throughout the year. Sovereign PPG has a wonderful team, who act at a genuine professional level at all times.
Reel
Sovereign PPG has provided excellent support in relation to MRC Global’s Abu Dhabi based entity. Their staff are knowledgeable, professional and helpful and have proven expertise within the areas they cover. We are very pleased with their work.
MRC Global
We are very Thankful to Sovereign PPG and extremely satisfied about the way of processing on the each stage. The team was very helpful and they have done a good job to complete the task within one day. The team went over and above by dropping the documents at our premises. Thank you Sovereign PPG!
RSK
Sovereign PPG offer an extremely excellent, efficient, and professional service. The team were highly knowledgeable and acted very quickly to establish our Foreign Branch Office in Dubai including acquiring all paperwork and visas on time without cutting corners. I highly recommend using their services.
Alger-Triton
Sovereign PPG offered an excellent service they were very professional, efficient, reliable and so friendly. The staff were extremely helpful even on weekends and had a great understanding assessing any issues, managing the full process in a timely manner. Even when it involved areas out of the scope of work for PPG they still assisted and went the extra mile.
Creating Retail Emotions
We experienced a great service very professional with detailed communication throughout each stage of the process. There were a few complications due to the complexity of the set up but not due to Sovereign PPG who handled everything professionally and completed everything in a timely manner.
EFM Global Logistics
We were extremely satisfied with the service at Sovereign PPG. They promptly identified that we were going to use the wrong trade license before meeting them and advised us the correct one to use. This knowledge of the market helped us to be able to do more, save money and operate our business in a better way. Their fast, efficient and a speedy process meant we got our trade license much faster and were up and running in Dubai very quickly. We highly recommend Sovereign PPG.
SampleMe
As well as being easy to reach Pro Partner Group gave us quick and precise answers to all our questions which enabled us to set up our licence in an extremely timely manner. They were very professional but at the same time, able to explain easily the various problems and procedures giving us complete trust. They were pro active in finding a solution to match our needs, giving us a bespoke service and providing us with exactly what we needed. If you are looking for a partner who is serious, honest and consistent, I would highly recommend Pro Partner Group.
SmartPoint
The quality of services provided by Pro Partner Group is outstanding. I appreciated the professionalism, willingness to assist with any matter in both standard and non-standard requirements in shortest possible time. Their high level of communication allowed us to perform tasks to the highest quality. They also provided assistance and clear, concise responses to any request we had.This professional service enabled us to focus on business activities rather than spending time with administration and non-business related activities, which was a great benefit to the company.
Altron Middle East
Everyone that we have dealt with at ProPartner Group has excellent knowledge of the process and bureaucracy of dealing with the necessary steps to start a business in the Middle East, making our process run smoothly and giving us trust. We were extremely satisfied with the level of communication they provided as well as the time in which they did it, every inquiry that we had was answered within a 24 hour period. You have to have a “Partner” in the Middle East to navigate the intricacy of business establishment in the U.A.E.and I would highly recommend that it is Pro Partner Group.
Charlotte Pipe and Foundry
We would like to thank you James and your entire team, including Tyron and Shiraz and your accounts department for their splendid work to help us with the required steps to perform all the government related PRO services, not only for doing it in a timely manner, but also for being a class act. We are truly grateful and we will not hesitate to sent you referrals in this regard.“
Inspired Results
Speed and Commitment are the first 2 words that come to mind. Having dealt with a number of Company Formation agents over the years, no one has come close to the knowledge and expertise Sovereign PPG bring to the table. Nothing has ever been too much trouble and their guidance has been invaluable. We fully recommend Sovereign PPG and consider them an asset to our business.
VIVO Sports Group
Bridges Environmental Services LLC engaged Sovereign PPG to undertake their Government Liaison, Labour and Immigration support. They have a team of highly professional individuals and we have been impressed with their speed and attention to detail – particularly with regard to the processes here in Abu Dhabi. We will continue to use Sovereign PPG for our PRO work and I would not hesitate to recommend them to any other company looking to get assistance with Visas, Company Formation and Labour processes here in UAE.
Bridges Environmental Services LLC
Sovereign PPG always tried to find a solution to the obstacles we faced during the incorporation of our Foreign Branch. They were fast to respond on email and always provided updates on the work in progress. If you would like to incorporate a company in the UAE, Pro Partner Group is a reliable entity to work with.
TRACS International Limited
The team at Venture Partner Qatar provided me with consistent professional support throughout the entire company formation process. This included a constant communication channel that allowed me to have access to their team at any time. Their expertise allowed them to provide and implement great solutions to any issues that were faced. If you want to have a peace of mind during the company creation process, then use Venture Partner Qatar.
Sparklean Qatar
Venture Partner Qatar provided a personal approach in helping us open a branch office in Qatar. They implemented solutions that were specific to any issues or tasks that were required, particularly the local difficulties in Qatar. The team promptly replies to all requests in a professional manner. They are a trusted company that provides a wide range of services, and I highly recommend them.
Tunnel Tech
The team at Venture Partner Qatar were extremely accommodating and supportive when we used their services for share transfer and company restructuring in Qatar. VPQ staff were excellent at communicating information through the service, with clear instructions and solid information and next steps. I highly recommend Venture Partner Qatar as they are very professional and provide a great service.
Swansea Surveys
Expert Advice
In Saudi Arabia, corporate income tax (CIT) applies to profits... Read more
Industry News
Saudi Arabia’s consulting boom is slowing as the government scales... Read more
Business Set Up
The Limited Liability Company (LLC) is the most common business... Read more
Digital
Saudi Arabia is building one of the most powerful AI... Read more
Visa
As Saudi Arabia continues to move towards its Vision 2030... Read more
Business Set Up
The Ministry of Human Resources and Social Development (MHRSD) in... Read more
Business Set Up
Saudi Arabia is pursuing its Vision 2030 initiative to diversify... Read more
Business Set Up
The economic potential of FIFA 2034 In preparation for the event,... Read more
Business Set Up
The Saudi Qualification Verification Program (QVP), previously limited to specific... Read more
Business Set Up
In a groundbreaking move to boost coastal tourism, the Saudi... Read more
Book a call with one of our company formation specialists.
Regional Business Development Manager
info@propartnergroup.com
Senior Sales Manager
info@propartnergroup.com
Business Development Manager - UAE
info@propartnergroup.com
Business Development Manager - KSA
info@propartnergroup.com
Sales Director - Bahrain
info@propartnergroup.com
HR Consultant
info@propartnergroup.com
Sovereign Business Development Manager - UAE
info@propartnergroup.com
Business Development Manager - UAE
info@propartnergroup.com
Business Development Manager - UAE
info@propartnergroup.com
Business Development Manager - Qatar
info@propartnergroup.com
Business Development Manager - Qatar
info@propartnergroup.com
For a FREE company formation guide click here
