BUSINESS FORMATION
KSA License Setup
Oryx World Formation Consultancy helps to assist foreign investors in the approval process for operating in KSA, obtaining a license and labor visas, and conducting other business affairs under one umbrella. The entities involved to do so are listed below:
- Ministry of Commerce
- Ministry of Investment (MISA)
- Ministry of Taxonomy
- Ministry of Labor
Oryx World Financial Consultancy
KSA License Setup Workflow
Step 1
Company Formation
Sign up with OWFC for company formation in KSA
Step 2
Business Structure
Select your business structure in order to file documents
Step 3
Register Trade Name
Register for reserving your unique trade name for initial business establishment.
Step 4
Trade Name approval
Ministry of Investment ( SAGIA) approves trade name
Step 5
Investment License
Application and Issuance of Investment License can be done once trade name is approved. Else go back to step 4
Step 6
Articles of Association
Preparation and approval of signing of articles of association
Step 7
Notarisation of AOI
Signing of final contract between partners in court.
Step 8
Publication required
Publication in official gazette
Step 9
Office lease
Register office premises
Step 10
Registration
Registration is required in Commercial Registry and Membership in Chamber of Commerce
Step 11
Ministry Registration
Registration is required with Ministry of Labour and Ministry of Taxonomy