Government fee breakup for setting up a foreign owned company in KSA

Government fee for setting up a foreign company in KSA owned by a foreign corporate (as per MISA guidelines).

a.                MISA License fee                                                                                SAR 12,000

b.                Publishing of AOA                                                                             SAR 575

c.                Main CR Issuance                                                                               SAR 1,200

d.                Typical stamp charges                                                                       SAR 100

e.                Chamber of commerce registration charges                             SAR 300

f.                 MOFA Charges                                                                                   SAR 200

g.                Qiwa (Labor Office latest portal)                                                SAR 1,075

h.                Muqeem registration (Ministry of Interior)                                        SAR 1,265

i.                  Mudad (WPS)                                                                                    SAR 460

j.                  Miscellaneous fees (local attestations and misc fees)                     SAR 1,825

k.                Total                                                                                                   SAR 19,000

government fee for business setup in Saudi Arabia

Next reading: License for Scientific and technical office its requirements in KSA

Arnifi is digital first Corporate service provider helping companies enter the Middle East region, starting with UAE and Saudi Arabia markets. Founded and backed by professionals from Amazon, Souq and other large companies operating in KSA – the team understands what it takes to succeed as a startup in both UAE and Saudi Arabian markets, apart from going through the setup process multiple times.

Arnifi will provide a truly digital experience to entry and scale up of companies both UAE and Saudi Arabia. The Arnifi promise is simple, yet revolutionary, use technology and a great team to provide transparency, efficiency and great customer experience in the whole process.
Check out at – www.Arnifi.com for more details.

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