Saudi Arabia flag Saudi Arabia: Operating a Business in Saudi Arabia

Starting a business in Saudi Arabia

Legal Forms of Companies

Sole Proprietorship
Number of partners: One single person.
Capital (max/min): No minimum capital required.
Shareholders and liability: The individual entrepreneur is liable for the company's debts with his personal possessions.
Limited Liability Company
Number of partners: Minimum one director and one shareholder
Capital (max/min): Minimum SAR 100,000.
Shareholders and liability: Liability is limited to the amount contributed.
Joint Stock Company
Number of partners: Minimum three directors and one shareholder
Capital (max/min): Minimum SAR 500,000.
Shareholders and liability: Liability is limited to the amount contributed.
Limited Partnership
Number of partners: Minimum one director and two partners
Capital (max/min): No minimum capital
Shareholders and liability: At least one partner must have an unlimited liability. Liability of other partners is limited to the amount contributed.
 

Business Setup Procedures

Setting Up a Company Saudi Arabia Middle East & North Africa
Procedures (number) 3.0 6.3
Time (days) 10.4 19.5

Source: Doing Business - Latest available data.

 
The Competent Organisation
Saudi Arabian General Investment Authority (SAGIA)

Saudi Arabian Standards Organisation (SASO)

Ministry of Commerce and Industry

Ministry of Finance

Department of Zakat and Income Tax

For Further Information
Consult the Doing Business website, to know about procedures to start a Business in Saudi Arabia.
The Ministry of Commerce and Industry, for Business licenses.
 

Financial Information Directories

Dun & Bradstreet - Worldwide directory with financial information on businesses

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Latest Update: March 2024

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