Question 1

What services does FirmSanad provide?

Accepted Answer

FirmSanad supports company formation, government procedures and ongoing business administration in Saudi Arabia. Available services include company changes, employment and immigration procedures, compliance coordination, and technology support. Specialist work and approvals remain subject to eligibility, qualified providers and the agreed scope.

Question 2

How do I request a service?

Accepted Answer

Select the service and add optional notes or attachments. Review the proposed scope and quotation before paid processing. Fixed-price services follow their disclosed checkout. Demo and enquiry requests follow their own non-payable process.

Question 3

Can a foreigner own 100% of a company in Saudi Arabia?

Accepted Answer

Yes. In many sectors, Saudi Arabia allows 100% foreign ownership through an investment license issued by the Ministry of Investment of Saudi Arabia (MISA). Eligibility depends on the type of business activity and compliance with regulatory requirements.

Question 4

How does investment registration with MISA differ from Commercial Registration (CR)?

Accepted Answer

Investment registration with MISA and Commercial Registration are distinct procedures. The applicable steps depend on the investor, legal form and business activity. Additional sector licences or approvals may be required before operations begin.

Question 5

How long does it take to set up a company in Saudi Arabia?

Accepted Answer

In most cases, a company can be established within 4–8 weeks, depending on the complexity of the business activity, document preparation, and government processing times.

Question 6

Do I need to travel to Saudi Arabia to open my company?

Accepted Answer

In many cases, no physical travel is required. Through a Power of Attorney, FirmSanad can represent you before government authorities and complete the incorporation process on your behalf. However, travel may later be useful for opening bank accounts or operational meetings.

Question 7

What documents are required to start the process?

Accepted Answer

Typical documents include:
• Passport copy of shareholders
• Corporate documents of the parent company (if applicable)
• Bank statements or financial proof
• Articles of incorporation of the parent company
• Power of Attorney authorizing representation

Some documents may require notarization, apostille, and certified Arabic translation.

Question 8

Can FirmSanad help with document legalization and translation?

Accepted Answer

Yes. FirmSanad coordinates notarization, apostille certification, embassy legalization, and certified Arabic translations required for Saudi government submissions.

Question 9

What government registrations are required after the company is formed?

Accepted Answer

After the Commercial Registration is issued, additional registrations are required including:
• Chamber of Commerce registration
• ZATCA tax registration
• GOSI registration for employees
• Municipal licenses (if applicable)

FirmSanad assists with completing these steps.

Question 10

Can FirmSanad assist with opening a Saudi bank account?

Accepted Answer

Yes. FirmSanad can assist with preparing a corporate bank account application and coordinating requested documents within the agreed scope. Account opening, checks and approval remain the bank’s decision.

Question 11

Do you provide ongoing support after the company is established?

Accepted Answer

Yes. We provide support after incorporation, which may include company changes, recorded deadline tracking, document management and employment procedures, subject to agreed scope. Existing Saudi companies can register or sign in, select their company and request available services without starting a foreign-investor incorporation application.

Question 12

What types of companies can foreign investors establish in Saudi Arabia?

Accepted Answer

Foreign investors commonly establish a Limited Liability Company (LLC). Other structures may include:
• Branch of a foreign company
• Joint venture with a Saudi partner

Question 13

What is the minimum capital required?

Accepted Answer

Capital requirements depend on the business activity. Many sectors no longer require a strict minimum capital, although authorities may require proof of financial capacity. Some regulated sectors may require higher thresholds.

Question 14

Can a foreign company open a branch in Saudi Arabia?

Accepted Answer

Yes. Foreign companies can establish a branch office through a MISA license, allowing the foreign parent company to operate directly in Saudi Arabia.

Question 15

Do Saudi companies need a physical office?

Accepted Answer

Yes. Saudi regulations require companies to have a registered physical office address before obtaining Commercial Registration. FirmSanad can assist in arranging compliant office solutions.

Question 16

Can companies sponsor employees?

Accepted Answer

Yes. After company registration and HRSD/GOSI enrollment, the company can sponsor employees and apply for work visas.

Question 17

What taxes apply to foreign companies?

Accepted Answer

Foreign-owned companies typically pay:
• 20% corporate income tax on net profits

Other taxes may include:
• VAT (15%)

Ownership structure may also involve Zakat obligations.

Question 18

Can FirmSanad assist with visas?

Accepted Answer

Yes. FirmSanad can assist with employment registrations and visa or residency applications within the agreed scope. Eligibility, issuance and approval remain with the relevant authorities.

Question 19

Do documents need legalization?

Accepted Answer

Yes. Corporate documents typically require:
• Notarization
• Apostille certification
• Embassy legalization (in some cases)

FirmSanad coordinates this process.

Question 20

What industries are open to foreign investors?

Accepted Answer

Many sectors are open including:
• Consulting
• Technology
• Manufacturing
• Engineering
• Education
• Healthcare

Some sectors require additional regulatory approvals.

Question 21

Why use FirmSanad instead of applying directly?

Accepted Answer

FirmSanad helps coordinate agreed formation stages, document preparation and government procedures through one platform. You can follow recorded progress; authority decisions and additional requirements remain outside FirmSanad’s control.

Frequently Asked Questions

Frequently asked questions

Frequently Asked Questions

Frequently asked questions

›What services does FirmSanad provide?

›How do I request a service?

›Can a foreigner own 100% of a company in Saudi Arabia?

›How does investment registration with MISA differ from Commercial Registration (CR)?

›How long does it take to set up a company in Saudi Arabia?

›Do I need to travel to Saudi Arabia to open my company?

›What documents are required to start the process?

›Can FirmSanad help with document legalization and translation?

›What government registrations are required after the company is formed?

›Can FirmSanad assist with opening a Saudi bank account?

›Do you provide ongoing support after the company is established?

›What types of companies can foreign investors establish in Saudi Arabia?

›What is the minimum capital required?

›Can a foreign company open a branch in Saudi Arabia?

›Do Saudi companies need a physical office?

›Can companies sponsor employees?

›What taxes apply to foreign companies?

›Can FirmSanad assist with visas?

›Do documents need legalization?

›What industries are open to foreign investors?

›Why use FirmSanad instead of applying directly?