Establish and grow your business in Saudi Arabia with the assistance of local experts.
Our elite team of Saudi expansion specialists ensures a smooth market entry and rapid growth for your venture in Saudi Arabia.
Our Three-Step Process is designed to offer you a bespoke, hassle-free investment experience. It all starts with Requirement Analysis, where we take the time to thoroughly understand your financial goals, risk appetite, and budget constraints. This sets the groundwork for our tailored strategy. We then move on to Property Identification and Evaluation. Here, we meticulously curate a list of properties that match your criteria, carrying out rigorous due diligence and risk assessment. Finally, our Transaction and Portfolio Management services ensure a smooth end-to-end transaction, and our support doesn’t end at the point of purchase. We continue to manage and optimise your property portfolio for long-term success. With Platform 8, you’re not just making a purchase; you’re making a sound investment for the future.
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Gain valuable insights into the Saudi business landscape with timely updates and compatible frameworks.
Keep your paperwork and team structure current with our customized post-setup services.
Mobilize our recruitment team, from your first local hire to establishing full departments in Saudi Arabia.
Collaborate with top local and global companies in the ecosystem, exchange knowledge, find inspiration, and expand your network of potential partners.
Simplify your setup and legal registration process with a physical address at our coworking space.
Be the first to access our innovation programs and digital academy courses.
Platform 8 offers support to businesses of all sizes and sectors. Our clients range from large multinational corporations to VC-backed startups expanding into Saudi Arabia.
For established businesses, the requirements include Commercial Registration/Certificate of Incorporation/Trade License, Articles of Association/Memorandum of Association, and Audited Financial Statements. Startups need Commercial Registration/Certificate of Incorporation/Trade License, Articles of Association/Memorandum of Association, a support letter from a licensed incubator (AstroLabs), financial backing from a VC/Establishment, and a startup brief, letter of intent, and pitch deck.
The MISA (Ministry of Investment Saudi Arabia) license allows foreign companies to operate in Saudi Arabia without a local partner, with 100% foreign ownership. It is open to companies of all sizes and common in the services sector.
Your assigned general manager will need to travel to Saudi Arabia to complete the Iqama issuance, which is essential to finalize the setup process.
Commercial registration takes approximately 3 to 4 weeks, while full establishment, including the GM Iqama and company bank account, is typically achieved within 3 months.
Yes, a registered national address is required when establishing a company in Saudi Arabia, and the AstroLabs Coworking office can serve as both a soft landing space and a registered address.
Saudization is a legal requirement that mandates companies to hire a certain number of Saudi nationals based on their sector and company size. The first hire, after the General Manager, must be a Saudi national.
Foreign-owned companies in KSA are subject to a 20% tax on net profit, 15% VAT, and withholding tax ranging from 5% to 20%.
Work Bay, Karama, Shiekh Zayed Road, Dubai United Arabs Emirates.
Consult.me@ThePlatform8.com
Monday - Friday (09:00AM - 06:00PM)