Thinking of taking your business to new heights? Step into a Sole Establishment
A sole establishment offers complete control and decision-making authority to the owner, making it an attractive option for individuals looking to start and manage their businesses with minimal administrative complexity in the Kingdom. Also known as a “sole proprietorship,” this is a business structure where a single individual, the sole proprietor, owns and operates the business. Our goal is to simplify your journey and offer our invaluable insights to guarantee a seamless and successful path ahead.Why KSA?
Giga Project
Saudi Arabia’s Vision 2030 propels over 4,000 Giga Projects with a USD 4 trillion investment, transforming key sectors for sustained economic growth and innovation.2034 Fifa World Cup
In 2034, Saudi Arabia will stand as the exclusive host for the FIFA World Cup, taking the sole responsibility for hosting this renowned tournament.Major Projects
Saudi Arabia’s major projects like NEOM, Qiddiya, Roshn and the Red Sea Development showcase the country’s dedication to innovation and sustainable growth.Fast growing markets
Saudi Arabia is witnessing rapid growth in both its technology and tourism sectors, driven by substantial investments and a strong appetite for innovation, mainly aimed at attracting visitors from around the world.World’s largest sovereign wealth fund
Saudi Arabia’s massive sovereign wealth fund drives economic diversification and global investment, underpinning the nation’s financial security and global influence.Free Consultaton
Raise your business in KSA
Embark on your path to launching a Sole Establishment in KSA with unwavering confidence. Collaborate with Helpline Group, your committed advisor, to simplify your market entry, allowing you to focus on your core business. Trust in our wealth of knowledge to guide you through the complexities of the Saudi business landscape, ensuring your success in Saudi Arabia remains our topmost priority!Procedure for setting up a sole establishment in KSA
- Securing MISA License: Secure the necessary license pertinent to your industry to ensure the lawful operation of your business.
- Choosing Your Business Name: Define your organization’s formal and unique identity, ensuring legal compliance and creating a solid brand presence.
- Legalizing Articles of Association: Validate the official acceptance of your Articles of Association to ensure their legitimate and authorized status.
- Completing Commercial Registration: Formally enroll your business to participate in lawful commercial endeavors.
- Listing with the Chamber of Commerce: It is mandatory to register with the Chamber of Commerce.
- Filing with the Ministry of Labor: Businesses in Saudi Arabia must register with the Ministry of Labor, ensuring compliance with employment laws.
- Issue General Manager’s Visa: GM needs swift approval for a residence permit and visa, with the MLSD managing essential labor documentation.
- Enrolling the National Address for Your Company: Establish an authorized business address for inclusion in government records.
- Listing with Qiwa portal – Human Resources & Social Development: Qiwa platform enhances Ministry of Human Resources & Social Development services, optimizing electronic solutions for the labor sector.
- Enrollment with Zakat, VAT & Corporate tax: Businesses in Saudi Arabia must register for tax compliance with the Zakat, VAT & Corporate tax.
- Company seal
- Listing with Muqeem portal: Muqeem streamlines residency data management, ensuring real-time coordination with Saudi authorities for efficient entry and exit processes.
- Filing with Absher portal: Access 279+ services for Saudi residents, from appointments to passport renewals, ID cards, driver’s license, and more—all in one convenient application.
- Enrollment with General Organization for Social Insurance: Enroll with the General Organization for Social Insurance for worker welfare.
- Establishing Your Business Bank Account: Establish an exclusive bank account for business-related financial transactions.
Why Rely on us?
With 25 years of experience and 10 branches worldwide, Helpline Group serves as your trusted consultant for establishing a sole establishment in Saudi Arabia. With a global presence we have 300+ professionals who bring their extensive knowledge and expertise to ensure your venture in Saudi Arabia is supported by a dedicated and skilled team. Our unwavering commitment to excellence guarantees a swift and precise setup. This international network enables us to provide seamless and accurate services, ensuring a smooth path to establish your business footprint in KSA.Testimonials
"Helpline Group's professionalism and dedication are truly impressive. They provided me with tailored solutions for my business in Saudi Arabia, and I am delighted with their services."
JAMES MANN
Helpline Group is the best choice for anyone seeking to start a sole establishment in Saudi Arabia. Their in-depth knowledge and attention to detail are second to none."
HURSAD ALI
"Helpline Group exceeded my expectations in every way. They simplified the complex process of starting a sole establishment in Saudi Arabia and provided exceptional support."
HARDHRAJ K.Y
Frequently Asked Questions
Yes, sole establishments can engage in international trade, but they must adhere to customs and import/export regulations.
No, only GCC or Saudi nationals are allowed to open a sole establishment in Saudi Arabia.
Yes, you can expand your sole establishment to multiple branches or regions within Saudi Arabia, subject to obtaining the necessary approvals and licenses.
The cost of setting up a sole establishment can vary depending upon several factors including type of business and the specific permits from various governmental authorities. It is advisable to seek assistance from our business consultants for the most up to date and accurate information.
Such expenses are considered direct expenses if they are a part of deductible expenses, subject to compliance with the regulatory provisions outlined in Article 9(1) of the Implementing Regulations.
In accordance with The Income Tax Law, if the expenses are incurred by the head office and charged to the branch and have already been taxed, the tax payable by the permanent establishment may be reduced.
Even though it is not compulsory to submit financial statements while filing for tax returns, the General Authority of Zakat and Tax (GAZT) reserves the right to request them when deemed necessary.
Set up your Establishment easily with our expert consultation services. Call today to know more!
