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Fees for establishing a limited liability company in Saudi Arabia
Saudi Arabia is an attractive destination for investment and entrepreneurship, thanks to its ambitious Vision 2030 and ongoing economic reforms aimed at facilitating the business environment and attracting both local and foreign investment. One of the most common and flexible legal entities for investors is the Limited Liability Company (LLC). Many entrepreneurs prefer this type of company because of its ease of establishment and the fact that partners' liability is limited to their capital contributions, thus providing protection for their personal assets.
This article aims to provide a comprehensive guide to the fees for establishing a limited liability company (LLC) in Saudi Arabia , detailing the required steps and procedures, and highlighting the integrated services offered by Sahat Al Madina Company to support investors and facilitate their journey to success. Clearly understanding the fees for establishing an LLC in Saudi Arabia is crucial for budget planning and ensuring a smooth process.
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Understanding the types of companies and business entities in Saudi Arabia
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Before delving into the fees for establishing a limited liability company in Saudi Arabia , it's important to understand the different legal forms of companies available in the Kingdom. This will allow you to choose the most suitable entity for your business activities and investment objectives.
Main legal forms for companies:
Limited Liability Company (LLC): It is the most common and preferred by local and foreign investors, where the liability of the partners is limited to the amount of their shares in the capital.
Joint-stock company: Suitable for large projects that require huge capital, and can be public or private.
A partnership company: It requires unlimited liability for all partners and is considered suitable for businesses that rely on mutual trust between partners.
A sole proprietorship: owned and operated by one person, whose liability is unlimited.
This article focuses specifically on the fees for establishing a limited liability company in Saudi Arabia due to its popularity and numerous benefits.
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The basic steps to establish a limited liability company in Saudi Arabia
Establishing a limited liability company (LLC) in Saudi Arabia requires following a series of legal and administrative steps and procedures. Understanding these steps will help you understand where the fees for establishing an LLC in Saudi Arabia go .
1. Trade name reservation:
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The first step is to choose a business name for your company and ensure it is not already in use. This can be done through the Ministry of Commerce and Investment website.
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2. Preparing the articles of incorporation:
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The articles of incorporation are the fundamental document that defines the company's structure, objectives, capital, partners' shares, and management powers. The articles must comply with the Saudi Companies Law.
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3. Documenting the articles of incorporation:
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After preparing the contract, it must be notarized by a notary public or through approved electronic platforms.
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4. Capital deposit:
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The company's specified capital must be deposited in a company-specific bank account at a local bank.
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5. Issuance of the commercial registration:
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After fulfilling all the requirements, an application for a commercial registration is submitted to the Ministry of Commerce and Investment. This procedure entails a significant portion of the fees for establishing a limited liability company in Saudi Arabia .
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6. Registration with the Chamber of Commerce:
The company must register with the Chamber of Commerce and Industry of the region in which the company headquarters is located.
7. Registration with other government agencies:
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Ministry of Human Resources and Social Development: To register Saudi and foreign employees.
The General Organization for Social Insurance: To register and provide social insurance for employees.
General Authority for Zakat, Tax and Customs: To obtain the tax number and register for value-added tax if necessary.
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Details of fees for establishing a limited liability company in Saudi Arabia
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The fees for establishing a limited liability company in Saudi Arabia vary depending on the nature of the business, the capital, the number of partners, and any additional services required. These fees can be divided into basic government fees and fees for additional services.
Basic government fees:
Trade name reservation fees: usually nominal or free in some cases.
Commercial registration fees vary depending on the type of business activity and the registration's validity period. These fees are a fundamental part of the fees for establishing a limited liability company in Saudi Arabia .
Chamber of Commerce fees: depend on the company's capital and the category in which it is registered.
Fees for notarizing the articles of incorporation: Fees may be charged by the notary public or electronic notarization platforms.
Trademark registration fees (if applicable): If you plan to register a trademark for your company, there will be an additional fee.
Fees for special activity licenses: Some activities require additional licenses from specific government agencies (such as the Food and Drug Authority, the Ministry of Health, the Ministry of Environment, Water and Agriculture, etc.). These licenses increase the fees for establishing a limited liability company in Saudi Arabia .
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Estimated fees (may change):
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Commercial Registration: The annual fees for the commercial registration of limited liability companies often range around 1200 Saudi Riyals or more, in addition to initial establishment fees.
Chamber of Commerce: Annual fees range between 1000 and 2000 Saudi Riyals or more depending on the level of membership and the size of the company.
Publishing the articles of incorporation in the official gazette (if required): Publication fees may be charged.
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Additional fees and services:
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In addition to government fees, you may need to hire specialized agencies to facilitate the incorporation process, which will add to the total fees for establishing a limited liability company in Saudi Arabia . These services include:
Legal consultation fees: for preparing and reviewing the articles of incorporation and internal regulations.
Accounting and auditing fees: for preparing feasibility studies and financial plans, and tax registration.
Integrated company formation services: These are offered by specialized companies like "City Squares," which handle all procedures on your behalf. These services save time and effort, fully justifying the fees for establishing a limited liability company in Saudi Arabia .
Office rental fees: The company must have a physical or virtual headquarters.
Fees for bringing in foreign workers (if applicable): include visa fees, residence permits, and labor office fees.
It is important to note that the fees for establishing a limited liability company in Saudi Arabia are not fixed and may be subject to change by government authorities. Therefore, it is always advisable to check the latest information from official sources or consult with specialists.
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Company formation services in Saudi Arabia: The comprehensive solution with City Squares
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Establishing a limited liability company (LLC) can be complex and requires extensive knowledge of regulations and procedures. This is where specialized companies like City Squares come in , providing comprehensive support and streamlining the process, ensuring that LLC formation fees in Saudi Arabia are a sound investment.
Sahat Al Madina Company specializes in providing company formation services in Saudi Arabia and facilitating the issuance of Ministry of Investment licenses for Gulf and foreign companies. Its services extend beyond mere formation, encompassing a wide range of commercial services within the Kingdom of Saudi Arabia, in both the public and private sectors.
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What do city squares offer?
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Company Formation Consulting: City Squares provides specialized consulting services for entrepreneurs, from choosing the appropriate legal structure to understanding all the fees for establishing a limited liability company in Saudi Arabia .
Facilitating government procedures: The company handles all procedures related to issuing commercial records and factory licenses, and coordinating with all government ministries.
Ministry of Investment Licenses: Its expertise in obtaining Ministry of Investment licenses for foreign and Gulf companies.
Investor Services: Comprehensive support for investors from inside and outside Saudi Arabia, with a focus on facilitating all transactions.
Preparing and amending articles of incorporation: Preparing and drafting articles of incorporation in accordance with Saudi regulations, amending them when necessary, and transferring ownership of companies and merging them.
Commercial agency and franchise registration: Assisting private, governmental and international companies in registering their commercial agencies and trademarks.
Project Management: Providing service and industrial project management services, with extensive experience in the Saudi market.
Post-establishment services: City Squares' services do not stop at establishment, but include ongoing support for companies after their launch.
With City Squares, understanding and managing the fees for establishing a limited liability company in Saudi Arabia will not be a burden, but rather a smooth and efficient experience. They employ a specialized administrative team experienced in company formation in the Kingdom, with extensive expertise in government relations and public relations, and legal knowledge of Saudi regulations and laws governing the establishment of foreign companies and investor services.
Integrated services offered by city squares to entrepreneurs
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Sahat Al Madinat Company stands out by offering a wide range of services that go beyond simply setting up a limited liability company in Saudi Arabia , encompassing all aspects of starting, operating, and expanding a business. This comprehensive approach ensures clients receive complete support at every stage.
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Key integrated services:
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Company formation services in Saudi Arabia:
Registering new companies.
Issuing commercial records.
Amendments to articles of incorporation and changes to the structure of companies.
Transfer of company ownership and merger of companies.
Review and amend the company's articles of association.
All these services directly affect the total fees for establishing a limited liability company in Saudi Arabia , but they offer significant added value.
Factory setup services in Saudi Arabia:
Obtaining factory licenses from the relevant authorities.
Assistance in selecting industrial sites.
Consultations regarding technical and environmental requirements.
International partnership services:
Facilitating the conclusion of commercial contracts between local and international companies.
Assistance in entering Saudi and Arab markets.
Providing opportunities for networking and communication between investors and business people.
Environmental licensing services in Saudi Arabia:
Assistance in obtaining the necessary environmental permits for industrial and service projects.
Compliance with Saudi environmental standards.
Registering contracting companies with Aramco:
Assisting contracting companies in meeting the registration and qualification requirements to work with Saudi Aramco.
Trademark and franchise registration:
Protecting the intellectual property rights of companies.
Registration of commercial agencies for international and local trademarks.
Public Relations and Communication Services:
Building a positive corporate image.
Managing relationships with governmental and private entities.
International marketing and corporate communications.
Post-establishment services:
Accounting and tax services.
Human resources services.
Ongoing legal support.
Premium accommodation services and visa application (Schengen):
Supporting investors to obtain premium residency in Saudi Arabia.
Facilitating the issuance of international visas for business people.
VIP services and reception of delegations:
Services tailored to VIPs, including investors and businesspeople.
Facilitating visits by trade and investment delegations.
This integrated package of services ensures that the investor is fully aware of every aspect of the fees for establishing a limited liability company in Saudi Arabia , and receives the necessary support at every step.
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Why choose city squares to establish your company in Saudi Arabia?
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Sahat Al Madina Company boasts a distinguished reputation and extensive experience in company formation in Saudi Arabia , offering consulting and business services. Choosing the right partner can save you time and effort, and reduce the complexities associated with limited liability company formation fees and legal procedures in Saudi Arabia.
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Experience and competence:
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City Squares boasts a highly skilled team with extensive professional and engineering capabilities, enabling it to complete projects both within and outside the Kingdom. The company relies on experienced and competent personnel with over fifteen years of experience in vital areas such as corporate communications, public relations, consulting services, and marketing.
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Inclusivity and integration:
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City Squares offers integrated solutions that are not limited to the fees for establishing a limited liability company in Saudi Arabia , but include all stages of starting and operating a business, from economic feasibility studies and project management to post-establishment services.
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Credibility and trust:
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City Squares Company is proud to be a permanent member of the Saudi and Arab Chambers of Commerce, which underscores its credibility and its vital role in fostering trade and investment relations. The company has earned a high level of trust from its local, regional, and international clients.
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Compliance with national visions:
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City Squares Company operates in line with the Kingdom’s Vision 2030 and the visions of other Arab countries (Oman 2040, Abu Dhabi 2030, Egypt 2030), contributing to supporting the Arab, African and global economy and investment.
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Extensive network of relationships:
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The company collaborates with international firms, exchanges expertise, and pursues both international and domestic expansion. It also invites its distinguished clients to attend conferences and events that bring together business leaders and high-level officials to build a broad network of relationships that support their businesses.
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Excellent customer service:
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City Squares prioritizes customer satisfaction and service evaluation. The company provides all foundational services using the latest modern methods, while maintaining confidentiality in all services.
The Chairman of the Board, international expert Mohammed bin Rashid bin Adwan, affirms the company's commitment to quality and business leadership, highlighting its significant successes in executing hundreds of successful projects, facilitating swift business deals, and providing comprehensive consultations and feasibility studies. All of this underscores the value that City Squares can add to understanding and managing the fees for establishing a limited liability company in Saudi Arabia .
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Organizational structure and city square branches: Broad geographical support
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To ensure the provision of the best services and to cover the needs of customers in different regions, City Squares Company is characterized by a strong organizational structure and multiple branches, which makes it easier to access and makes the process of understanding the fees for establishing a limited liability company in Saudi Arabia easier.
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Organizational structure:
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The board of directors is chaired by international expert Mohammed bin Rashid bin Adwan, who plays a pivotal role in guiding the company towards achieving its strategic objectives and developing its services. The organizational structure relies on specialized administrative and technical staff, ensuring efficiency and professionalism in service delivery.
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City squares branches:
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City Squares in the Kingdom of Saudi Arabia: Head office and branches covering various cities to serve local and international investors within the Kingdom.
City Squares in Egypt: To serve customers in the Arab Republic of Egypt and expand the scope of business in North Africa.
City squares in Oman: To serve customers in the Sultanate of Oman and facilitate investments between the Gulf countries.
These branches reflect City Squares’ vision for regional and global expansion, and confirm its commitment to providing support to customers in different geographical areas, making it easier for investors from outside Saudi Arabia to start the procedures for establishing their companies and understand the fees for establishing a limited liability company in Saudi Arabia remotely.
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Our vision and values: City squares' commitment to the future
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City Squares Company adopts a clear vision and values that guide its operations and interactions with clients and partners. This commitment to quality and transparency ensures that every riyal spent on company formation fees in Saudi Arabia through them yields real value.
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Our message:
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"To be partners in success in all Arab, African and global countries, linking public relations and corporate communication in the exchange of international experiences and services that flourish in countries around the world and develop them through the exchange of business in the best performance of a global mental image. City Squares also aspires to have a presence in all countries of the world through the professional services it provides, such as the establishment of economic businesses, public relations and corporate communication services, marketing, media services, holding conferences and events and many other local and international logistical services with all their services."
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Our vision:
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"City Squares Company looks forward to expanding its relationships with governmental and private bodies inside and outside the Kingdom of Saudi Arabia and developing public relations and corporate communication in the government and private sectors in a way that serves the visions of the Kingdom of Saudi Arabia 2030, the vision of the Sultanate of Oman, the United Arab Emirates and the Arab Republic of Egypt 2030, and developing export and investment services inside and outside the Kingdom for mutual economic development. It seeks to apply and implement smart ideas to reach a high level with the highest quality and professionalism, and for (City Squares Company) to be the first in the Arab world and globally in providing distinguished services and providing high-quality solutions for businessmen in our Arab world, and adding new horizons for them in an open world that is not governed by borders."
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Our values:
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City Squares Company emphasizes building a lasting and robust partnership with its clients, giving them the utmost priority. All the solutions and services it offers are designed not only to meet their needs but also to exceed their expectations and help them achieve their business goals. This client-centric approach ensures that every service the company provides, including assistance in understanding the fees for establishing a limited liability company in Saudi Arabia , is delivered with the highest levels of integrity and transparency.
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Explore more city square services
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In addition to focusing on the fees for establishing a limited liability company in Saudi Arabia and the incorporation process, City Squares offers a wide range of specialized services that can serve the long-term needs of companies and investors.
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Our media center services:
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The City Squares Media Center offers integrated public relations and media services, including:
Preparing press releases.
Organizing media events.
Marketing campaign management.
Building a positive corporate image.
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Industrial security services:
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City squares help companies comply with industrial safety standards, ensuring a safe working environment that meets regulatory requirements.
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Obtaining Schengen visas:
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A valuable service for investors and business people who need to facilitate their international travel, which underscores the comprehensive support the company provides to its clients.
This diversity of services makes City Squares a true strategic partner for entrepreneurs, going beyond simply dealing with the fees for establishing a limited liability company in Saudi Arabia to providing comprehensive and integrated solutions.
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Summary: Investment in Saudi Arabia offers promising opportunities, particularly in urban areas.
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Establishing a limited liability company (LLC) in Saudi Arabia presents a promising investment opportunity. For a comprehensive understanding of LLC formation fees and procedures, seeking assistance from specialized entities like City Squares is crucial. City Squares provides the expertise, legal support, and government connections necessary to facilitate the entire process, from initial consultations to obtaining all required licenses.
Understanding the detailed fees for establishing a limited liability company in Saudi Arabia , and taking advantage of the comprehensive services offered by City Squares, will put your project on the right track to success in the thriving Saudi market. With the Kingdom's commitment to its Vision 2030 to diversify the economy and attract investment, there has never been a better time to launch your business.
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Contact us today!
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Are you ready to start your project in Saudi Arabia? Or do you have inquiries about the fees for establishing a limited liability company in Saudi Arabia ? Do not hesitate to contact the team of experts at City Squares for a free consultation and to start your journey towards success.
Contact us via WhatsApp: +966505520303
Or visit our Contact Us page: Contact City Squares
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International Expert Mohammed bin Rashid bin Adwan