Thinkdirect BPO - Setup your business in Saudi Arabia

Setting up a company in Saudi Arabia can be a complex process, but with the right guidance and support, it can be a relatively straightforward process. Here's a step-by-step guide on how to set up a company in Saudi Arabia and obtain 100% business ownership: Step 1: Choose the type of company you want to set up The first step in setting up a company in Saudi Arabia is to decide on the type of company you want to establish. The most common types of companies in Saudi Arabia are Limited Liability Companies (LLCs), Joint Stock Companies (JSCs), and Branches. Step 2: Choose a company name Once you have decided on the type of company you want to establish, you will need to choose a name for your company. The name must be approved by the Ministry of Commerce and Investment (MOCI). Step 3: Obtain necessary licenses and approvals Before you can set up your company, you will need to obtain several licenses and approvals from various government agencies. These include a commercial registrat...

In order to establish itself as a business magnet, the Saudi Arabian government has launched numerous initiatives in a variety of sectors. Through incentives, flexibility, and foreign investments, the government is making significant progress in the industries of manufacturing, tourism, education, healthcare, fintech, and entertainment.  The nation provides the perfect environment for innovation, market testing, scalability, and diversification thanks to its population of over 36 million. In summary, Saudi Arabia possesses all the necessary elements for a business to expand and succeed. WHAT ARE THE SECTORS OF BUSINESS IN SAUDI ARABIA THAT ARE THRIVING? ENERGY AND WATER SECTOR: There is an increasing need for sustainable and cleaner energy sources as the nation prepares for diversification and its non-reliance on traditional energy resources. The nation intends to stop using oil to produce electricity by the year 2030. Saudi Arabia intends to meet 50% of its energy needs with renew...