Do you want to start a business in Saudi Arabia?
But you don’t know how to start, what papers you need, what licenses you need, where to start?
If you want to start a business successfully in Saudi Arabia, this information is very important for you.
Let’s get started!
The main 3 ways to do business in Saudi Arabia:
1.Through Sponsor (Local Partner):
- A Saudi citizen can be used as a partner to start a business
- Most small and medium businesses are like this
2.Investment License (MISA License):
- Want to do business in your own name as a foreign investor?
- You need to get a license from MISA (Ministry of Investment Saudi Arabia)
- Suitable for large businesses or companies
3.Franchise/Branch Office:
- If you have a business in your own country, you can open its branch in Saudi
- Many international brands work like this
What documents and preparations will be required?
1.Passport and Visa (Business/Residence Visa):
- First, you have to get a work permit or investor visa
- Never start a business on a tourist visa
2.Sponsor/Local Partner’s Identity Document:
- Their National ID, Iqama copy, company registration
3.Commercial Registration (CR):
- You have to get business approval from the Saudi Ministry
- Without this certificate, you cannot open a shop or establishment
4.Municipal License (Baladiya License):
- This approval is required to run a shop, restaurant, cafe
- You have to apply to the office according to the area of your address
5.Tax Number (VAT Registration):
- If you have a fixed income per year, you have to get VAT registration
- You have to pay taxes regularly
6.Bank Account (Saudi Bank):
- A bank account must be opened in the name of the business
- Invoices or transactions are not possible without a bank account
7.Labor Office & GOSI Registration:
- If you are hiring people They are required to register and follow all the rules of the labor law.
Contact Us:
If you have any questions regarding this policy, please contact us at:
Shining BD Global
📧 info.bd@shiningbdglobal.com
📞 +8801973363108
