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Saudi Arabia — Orbitax Country Chapters
2.1. Main Formation Requirements

The establishment of a company in Saudi Arabia involves a number steps and requires registration/approval with a number of government agencies. Most of the process can be completed through Saudi Arabia's United Center. The following outlines the basic requirements for establishment:

  • Submit an application with the Saudi Arabian General Investment Authority (SAGIA) to obtain investment license
  • Check online for company name availability, and formally reserve by printing a confirmation from the site and applying at the United Center
  • Make initial application by submitting the following documents at the United Center:
    • Application form
    • Electronic copy of the articles of association (on a cd)
    • Company Name reservation confirmation
  • Pay the registration fee
  • Have the articles of association notarized by a notary public
  • Open a bank account in the company's name and deposit initial capital
  • Submit approved documentation, including
    • Notarized articles of association
    • Certificate of deposit
    • 2 applications
    • The undertaking (declaration)
  • Pay Chamber of Commerce membership fee
  • Register for the pension fund and industrial and illness fund with the General Organization of Social Insurance
  • Register with the Department of Zakat and Income tax of the Ministry of Finance