Yes, under the Ministry of Investment (MISA) regulations, foreign investors can obtain a 100% foreign ownership license in most sectors, excluding a few restricted industries.
A MISA license is a mandatory legal document for any foreign entity, entrepreneur, or individual looking to establish a commercial presence, invest, or operate a business within the Kingdom.
A MISA license grants you the legal right as a foreigner to invest, while a Commercial Registration (CR) from the Ministry of Commerce is the actual company formation required to legally operate and open bank accounts.
It depends on your business activity. While some service licenses require zero minimum capital, others like general trading or real estate may have specific capital requirements mandated by MISA.
The RHQ program encourages multinational companies to set up their Middle East base in Riyadh, offering exclusive benefits like zero corporate tax for 30 years and eligibility for major government contracts.
The timeline varies by business type. Generally, obtaining a MISA license and CR takes between 2 to 4 weeks, provided all your home-country documents are correctly attested and legalized.
In most sectors, a local sponsor is no longer required due to updated foreign investment laws. You can maintain full operational and financial control. However, a local partner may be needed for specific restricted activities.
These are mandatory government systems. Qiwa manages labor policies and quotas, GOSI handles employee social insurance, and Muqeem is used for issuing and renewing expatriate residency permits (Iqamas).
Yes, once your company is fully registered, your CR is issued, and your files are activated on Qiwa and the Ministry of Human Resources, you can apply for block visas to sponsor your team.
Absolutely. We assist our clients in navigating the strict compliance requirements of Saudi banks to ensure a smooth and fast corporate bank account opening process once the CR is issued.