Business Consultancy
We provide all the services that are required to set up a business in Saudi Arabia and make it successful. Our customized services ensure that you receive tailor made solutions that will help you reach your business goals. Our company specializes in setting up businesses by utilizing our technical expertise and a team of proficient individuals. Despite the difficulties associated with starting a business in Saudi Arabia, we possess the necessary resources and guidance to make the process efficient and effective. As experienced consultants, we have assisted a diverse range of businesses and developers in establishing their presence in the Kingdom.
Saudi Arabia has simplified procedures for foreigners to obtain investor and business licenses in Saudi Arabia. Now any foreigner can do business with 100 percent investment without Saudi participation. The new service allows investors to obtain a business license in Saudi Arabia with extensive opportunities. The project is owned by the Saudi Ministry of Investment. The new initiative to facilitate foreign investment is in collaboration with the Minis- try of External Affairs and Ministry of Commerce. The new service is in line with international license procedures. The scheme is implemented by various government agencies in cooperation with each other to solve the challenges faced by investors one by one with the aim of making the country investment friendly.
WHAT IS A MISA/SAGIA LICENSE?
The Ministry of Investment is the government entity that licenses foreign companies to operate in Saudi Arabia without a local partner. A MISA license is your ticket to business setup in Saudi Arabia. Formerly known as the SAGIA license, it enables international businesses to expand to Saudi Arabia by allowing for complete foreign ownership of businesses without any local sponsors or regulations on capital—so your business remains 100% yours.
KEY BENEFITS OF MISA LICENSE
- 100% ownership
- lt is possible to open multiple branches using one license.
- With just one license in the specified category, you are allowed to participate in more kinds of business activities
REQUIREMENTS
To begin with, every firm established in Saudi Arabia must have a parent company located outside of Saudi Arabia. The preliminary process is to bring its specific documents. Foreign nationals cannot invest in Saudi Arabia directly, but is able to accomplish through a company. It implies that any business, even a small business, must meet the criteria for having a parent company. Obviously, this is equivalent to establishing a branch or subsidiary of your mother company in Saudi Arabia.
DOCUMENTS
- Commercial registration (Certificate)
- Memorandum of association
- Audit Report (last year)
- Power of attorney
(These documents must have done Saudi embassy attestation)
SERVICES WE OFFER
- We shall complete all processes without your presence from beginning to end
- Our legal team will provide you with legal advice and answer any questions you may have throughout the process.
- Ensure the proper legal type and business activity based on the information given by the customer
- Ensure that all papers submitted to MISA are accurate and notarized.
- Apply for MISA approval
- We Will draft and notarize articles of incorporation for LLC Company
- Provide all original documents to SAGlA for final approval. Obtain a Certificate of Commercial Registration
- All government portals will be activated and payments will be transmitted
We will pay all associated charges throughout the process.
PROCESS OF DOCUMENTATION
- Preparing Required DOCUMENTS
- APPLYING FOR MISA LICENSE & NAME RESERVATION
- Drafting OF THE LOCAL Articles OF Association (AOA)
- Getting Signature’s AND APPROVALS issuance of the Commercial Registration
- Registration with THE CHAMBER OF COMMERCE (COC)
- Registers With the ministry of labor
- Registers with GENERAL Organization FOR Social issuance (GOSl)
- Register FOR THE National ADDRESS
- Registration with GENERAL authority OF ZAKAT AND TAX (GAZT) AND VAT Registration
- Activate CHAMBER OF COMMERCE (COC) ACCOUNT
- Register With MUQEEM PORTAL
- Register With QlWA PORTAL register
- With MUDAD PORTAL
- Assistance with Opening BANK ACCOUNT
- ONE HIGH PROFESSIONAL VISA - ISSUANCE