Saudi Arabia does not have a specific trust law, however, the Sharia provides for the creation of waqfs, which are the equivalent of charitable trusts or endowments. As such, if you want to set up a trust in Saudi Arabia, you can choose between a waqf or other similar entities,…
Opening a sole trader in Saudi Arabia is the simplest way to start a business in this country. Also known as an establishment, it is suitable for single entrepreneurs who can carry out a professional or commercial activity on their own. Below, our company formation agents in Saudi Arabia explain…
One of the main reasons to open a business in Saudi Arabia as a foreigner is the relatively low taxes to pay. However, apart from these, you must also consider the annual maintenance costs, such as utilities and administration fees. This is why, after reviewing the Saudi company formation procedures…
Trademark registration in Saudi Arabia is made in accordance with the Trademark Law applicable in all Gulf Cooperation Countries. The procedure is completed with the Saudi Authority for Intellectual Property (SAIP) and implies preparing various documents. Below, our local specialists explain how to register a trademark in Saudi Arabia. We…
There are several ways to obtain citizenship in Saudi Arabia, among which there is naturalization for foreigners who have lived here legally. Just like in other countries, the Kingdom of Saudi Arabia (KSA) grants citizenship based on meeting several criteria that are explained below by our lawyers. We can also…
The Saudi joint stock company or public limited liability company is a business form that favors large business operations, as it allows multiple shareholders to own shares in it. Two types of such entities can be set up in this country, and our Saudi company formation specialists will explain the requirements and…
Local and foreign investors who want to open a foundation in Saudi Arabia must comply with the requirements of the new Company Act which provides for the creation of non-profit companies (NPCs) and non-profit organizations (NPOs). Quick Facts Support in creating a foundation in Saudi Arabia (YES/NO) Yes, we…
Opening a financial company in Saudi Arabia implies several steps, among which one of the most important is the licensing one. However, in order to be issued a Saudi financial license, such a business must also meet certain requirements. Below, our Saudi company formation agents invite you to discover the…
Setting up a company in Saudi Arabia also requires obtaining a business license if the enterprise is foreign-owned. The permit may be a general one or issued by a specific authority when the business operates in a certain field. Below, our Saudi company formation agents present the main types of…
Both local and foreign investors can open recruitment companies in Saudi Arabia. For this purpose, they need to comply with the requirements of the General Investment Authority (SAGIA) and the Ministry for Labor and Social Development. The first is in charge of the company registration procedure, while the second will…
