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Learn how to set up business in Saudi Arabia

In this ppt, you will find details on how you can set up business in Saudi Arabia with the help of the best consultant of the country.

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Learn how to set up business in Saudi Arabia

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  1. How to set up business in Saudi Arabia? By Thinkdirect BPO

  2. The first and foremost thing to consider • In order to set up 100% business ownership in Saudi Arabia, there are couple of things you should consider first: • You should have a • A business that has been operating for at least one year outside of Saudi Arabia. • An audited financial statement of the same duration for your company. • If you have the above details, then you can continue to the next step.

  3. The steps involved to set up business in Saudi Arabia • Following which the main steps mentioned here below will have to be followed before you can set up your company in Saudi Arabia • Obtaining an investment license from the Ministry of Investment of Saudi Arabia (MISA). • Notarizing the articles of association. • Opening a bank account to make the initial deposit. • Registering with the Customs department. • Registering with the Ministry of Labor. • Register with the Mudad Business Portal to make administrative and financial procedures easier for your company.

  4. Reserve the company name and submit AOA (Articles of Association) and other mandatory documents. • Making payment for company registration. • Registering with the General Organization for Social Insurance (GOSI). • Registering with the Chamber of Commerce. • Obtaining a municipality license. • Registering with the electronic Qiwa HR portal. • Registration with WPS (Wage Protection System) for companies with more than 10 employees. • Registration with the ministry of interior. • On completion of the above steps, you can start your VISA processing for your arrival to the kingdom and finding your associates, not to forget your employees.

  5. How Thinkdirect BPO can help in setting up 100% business ownership in Saudi Arabia? It can be difficult to start a business in an unfamiliar area, let alone in another country. It can also take a long time to understand and research all of the legal requirements. Using the services of a professional will assist you in smoothly navigating the process. Thinkdirect BPO is a well-known name in the business for producing excellent results through a firm structure that is tailored to your individual requirements and can save you a significant amount of money and time. A team of competent project managers will be assigned to you from the beginning to guarantee that everything is taken care of, from business establishment to assisting you with the VISA and immigration processes and locating dynamic coworkers for your firm. We will take care of all of the important aspects so that you can focus on your business goals. That said, if you'd like to learn more about how to continue with setting up business in Saudi Arabia, please contact us.

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