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Company Formation

Incorporation of a 100% Foreign-Owned Service Company in Saudi Arabia under a Valid Premium Residency Permit
1. Obtain an investment licence for service activities with 100% foreign ownership
2. Reserving the trade name
3. Drafting and notarising the articles of association
4. Issuing the Commercial Registration
5. Opening the Labour Office file
6. Opening the GOSI file
7. Open the Qiwa account
8. Open the Mudad wage account
9. Open the company’s Muqeem account
10. Open the Zakat and tax file
11. Issuing the Zakat certificate
12. Issuing the VAT certificate
13. Registration with the National Address — SPL
14. Opening the Chamber of Commerce membership
15. Obtain a visa for the general manager
12,173.91 SR
Acquisition of a Company in (Country) with Attestation — Apostille Route
1. Negotiating the ownership transfer documents
2. Signing and notarising the ownership transfer agreement
3. Updating the Commercial Registration in the new owner's name
4. Updating the statutory registrations in the jurisdiction
5. Obtaining the Apostille certificate from the competent authority in the jurisdiction
6. Certified Arabic translation of every document issued in a language other than Arabic
Acquisition of a Company in (Country) with Attestation — Ministry of Foreign Affairs and Embassy Route
1. Negotiating the ownership transfer documents
2. Signing and notarising the ownership transfer agreement
3. Updating the Commercial Registration in the new owner's name
4. Updating the statutory registrations in the jurisdiction
5. Authentication at the Ministry of Foreign Affairs of the jurisdiction
6. Legalisation at the Saudi Embassy in the jurisdiction
7. Certified Arabic translation of every document issued in a language other than Arabic