Setting up a business in Riyadh, Saudi Arabia, is complicated, but choosing the right consultancy firm can change the ball game. With the Kingdom’s fast-growing economy and investor-friendly policies, both foreign and local entrepreneurs are eager to ensure their growth set up their businesses.
1. HATEN – Making Your Business Dreams a Reality
Making Your Business Dreams a Reality
HATEN is a premiere consultancy based in Riyadh specializing in end-to-end business setup services, with over 20 years of combined experience in giving entrepreneurs and corporations a solid footing in one of the world’s most dynamic economies
Why Choose HATEN?
- Comprehensive Services: HATEN is a one-stop shop for company registration, legal documentation, bank account opening, recruitment services, and post-company formation assistance.
- Expert Guidance: A team of professionals with extensive knowledge of Saudi laws and regulations smooths a business’s path toward incorporation.
- Foreign Ownership Support: HATEN facilitates a 100% foreign ownership minimum capital requirement.
- Visa and Residency Assistance: Help with the issuance of an Iqama, health insurance, and government registrations.
- Corporate Banking Solutions: Assists in the opening of corporate bank accounts and ensures regulatory compliance.
Services Offered
- Company Setup in Riyadh – Seamless incorporation with MOFA approvals and commercial registration.
- Legal Documentation & Registration – Key document preparation, including Articles of Association and Memorandums.
- Recruitment & HR Solutions – Recruiting local and international talent to build a robust workforce.
- Residency & Visa Processing – Assistance in processing Iqama issuance, visas, and work permits.
- Corporate Bank Account Setup – Seamless coordination with banks to set up business accounts.
- Post-Incorporation Services – VAT registration, payroll processing, tax filing, and compliance management.
Customer-oriented and result-driven, HATEN is the sole consultancy for companies looking to represent themselves in Riyadh with the utmost efficiency and legality.
2. Express Business Service
Overview
Express Business Service is another credible firm specializing in company establishment in Riyadh. They provide an umbrella of business consulting services, including company licensing, legal documentation, and business registration. With considerable insight into Saudi regulatory frameworks, they provide tailored solutions to entrepreneurs and corporate clients.
Key Services
- Company registration and licensing
- Business legal consultation
- Tax registration and compliance
- Corporate bank account assistance
- Visa and work permit processing
Why Choose Express Business Service?
- Well-grounded in Saudi laws relating to business
- Fast and efficient registration process
- Customized solutions for several industries
3. Tetra Consultants
Overview
Tetra Consultants is an international consultancy firm with an enduring presence in Saudi Arabia. They specialize in assisting foreign investors through the company formation process in compliance with Saudi laws.
Key Services
- Saudi business entity registration
- Business licensing and regulatory approvals
- Corporate tax advisory and VAT registration
- Residency visa and Iqama services
- Business bank account setup
Why Choose Tetra Consultants?
- Expertise on a global scale with local solutions
- Specialized in setting up foreign companies in Riyadh
- Good compliance and regulatory knowledge
4. MSZ Consultancy
Overview
MSZ Consultancy is one of the reputed business consultants who can help set up your ventures within Saudi Arabia for national and foreign investments. It has got large amounts of experience in different fields and thus provides business registration services in a seamless way.
Key Services
- Business setup and licensing
- Tax and accounting services
- Visa and PRO services
- Legal documentation
- Financial planning and compliance
Why Choose MSZ Consultancy?
- Strong experience in business consulting
- Strong connections in government agencies
- Full-fledged business support services
5. SME Consulting Services
Overview
SME Consulting Services works specifically with SMEs (small and medium-sized enterprises) on the development of their businesses in Riyadh. They offer everything entrepreneur and startup need, from market entry strategies to legal documentation.
Key Services
- Business registration & licensing
- Legal and regulatory assistance
- Market research & feasibility studies
- Tax and financial planning
- HR and recruitment solutions
Why Choose SME Consulting Services?
- Proven expertise in SME business setup in Riyadh
- Strong support for entrepreneurs and startups
- Quality services offered at competitive prices
Comparison Table
| Company | Specialization | Key Services | Best For |
| HATEN | End-to-end company setup | Company registration, legal documentation, visas, banking, post-incorporation services | Foreign investors, startups, and corporations |
| Express Business Service | Company registration and licensing | Legal consultations, business structuring | Local and foreign entrepreneurs |
| Tetra Consultants | Global business consulting | Market research, incorporation, expansion strategies | Foreign investors looking for global expertise |
| MSZ Consultancy | Business setup and PRO services | Licensing, PRO services, visa support | Startups and large enterprises |
| SME Consulting Services | Small business formation | Market analysis, documentation, feasibility studies | Small business owners and first-time entrepreneur |
HATEN is the best way for an all-in-one company formation solution, painless for any size or type of business in Riyadh. HATEN is known for a complete, professional team and an approach centered-on customers for all types of ease and compliance during the business establishment.
Conclusion
The choice of consultancy is a make-or-break decision in the formation of your company in Riyadh. HATEN remains a first choice because of the all-around services provided, as well as well-rounded advice with good insight into the regulations within Saudi Arabia. That said, companies such as Express Business Service, Tetra Consultants, MSZ Consultancy, and SME Consulting Services also bring valuable expertise in other senses depending on the needs of an emerging business.
If you are looking for setting up business in Riyadh, then consulting a firm like HATEN can conveniently and successfully facilitate the establishment.
FAQs
Q- 1. What are the benefits of setting up a business in Riyadh?
Ans- Riyadh is strategically located with policies that are friendly to investors and a big enough economy within access, making it a suitable location for business setup.
Q- 2. Can foreigners own 100% of their business in Saudi Arabia?
Ans- Yes; a foreigner is allowed to own 100% of a company in Saudi Arabia.
Q- 3. How long does the company formation process take in Riyadh?
Ans- Depending on the form of business and regulatory requirements, the process can take a few weeks to a couple of months.
Q- 4. What documents are required for company registration?
Ans- Generally, Articles of Association, passport copies of directors, proof of address, and business licensing application.
Q- 5. What are the post-incorporation requirements?
Ans- Post-incorporation obligations include VAT registration, management of payroll, filing of taxes, and compliance with labor laws.
Q- 6. Do I need a local sponsor to set up a company in Riyadh?
Ans- No; many categories of businesses enable complete foreign ownership without a local sponsor.
Q- 7. How can I open a corporate bank account in Saudi Arabia?
Ans- You need to submit legal documents such as your company registration certificate, business license, and a board resolution authorizing account opening.
Q- 8. Which business setup consultancy is best for foreign investors?
Ans- HATEN is a top choice for foreign investors due to its expertise in regulatory compliance, foreign ownership support, and end-to-end business setup services.
