Incorporation • Jurisdiction

Saudi Arabia

Let Clara help you enter Saudi Arabia to access the world’s fastest growing market.

Saudi-arabia
Why choose Saudi Arabia? 

Saudi Arabia is a G20 member, the largest economy in the Middle East and is diversifying rapidly

Robust
economy
Business friendly
environment
100%
foreign ownership
Tax
incentives
Trusted by leading companies, investors and lawyers around the world
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Types of licenses

Limited Liability
Company (LLC)

A Saudi LLC provides limited liability coverage to owners and allows team members to obtain residency permits to operate businesses within the country.

Benefits

Learn more about the benefits of Saudi Arabia’s LLC license

Before you get started with incorporating an LLC on Clara, learn more about the benefits of Saudi Arabia.

Protection of personal assets and property

Shareholders are shielded from having personal liability for company’s debts and liabilities. Personal property is protected in the event of business litigation or financial difficulties. 

Avoid double taxation

LLCs can further increase their competitiveness by taking advantage of Saudi Arabia’s alluring tax perks and incentives. For LLCs, the corporate income tax rate is restricted at 20%. In certain industries, such software development and manufacturing, the rate is as low as 15%. In addition, the Kingdom has put in place tax treaties with several nations to avoid double taxation and further international trade. 

Access to government projects and contracts

LLCs have advantages when it comes to participating for government projects and bidding for contracts. The country’s Vision 2030 aims to increase local economic participation, encouraging the growth of SMEs and the private sector.  

Flexible ownership structure

There is no minimum share capital and no maximum number of shares or shareholders. There is no restrictions on the nationality of the shareholders.

Clara’s got you covered in Saudi Arabia. Find out more.

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