Start a Business in Riyadh with HATEN

Our expertise ensures that when you start a business in Riyadh, it is set up for long-term success.

Riyadh, the capital of Saudi Arabia, is emerging as one of the most lucrative business destinations in the Middle East.

As part of Vision 2030, the Saudi government has introduced business-friendly policies to encourage local and foreign investment.

Whether you are an entrepreneur, investor, or corporation looking to expand, starting a business in Riyadh can be a game-changer.

At HATEN, we specialize in providing comprehensive company setup services in Riyadh, guiding you through legal procedures, compliance requirements, and business growth strategies.

Why Start a Business in Riyadh?

With a thriving economy, tax benefits, and simplified business regulations, starting a business in Riyadh offers several advantages for entrepreneurs.

1. Strategic Business Hub

• Riyadh serves as a gateway to Asian, European, and African markets.
• The city has a well-developed infrastructure and logistics network.

2. Government Support & Vision 2030

• Foreign investors can enjoy 100% business ownership in many sectors.
• The Saudi government provides incentives, tax benefits, and funding support to encourage businesses to start a business in Riyadh.

3. Business-Friendly Regulatory Environment

• Simplified business registration process through HATEN’s expert services.
• Fast-track licensing and legal compliance support.

4. Access to Skilled Workforce

• HATEN assists with recruitment and Saudization compliance.
• A mix of local and international talent ensures business efficiency.

Types of Businesses You Can Start in Riyadh

Choosing the right business structure is crucial for success. HATEN helps you select and register the best option when you start a business in Riyadh:

• Limited Liability Company (LLC) – Ideal for SMEs and growing businesses.
• Sole Proprietorship – Suitable for freelancers and solo entrepreneurs.
• Branch Office of a Foreign Company – For international expansion into Saudi Arabia.
• Joint Ventures & Partnerships – Strategic collaborations with Saudi partners.

HATEN provides expert guidance in selecting the ideal business structure, ensuring compliance with Saudi laws.

How to Start a Business in Riyadh with HATEN?

Establishing a company in Saudi Arabia involves several legal and regulatory steps. HATEN simplifies the entire process so you can focus on business growth.

Step 1: Choose a Business Structure

• We assist in selecting the most suitable legal entity for your business.

After Step 1: Business Name Registration

• HATEN helps you register your business name per Saudi regulations.

Step 3: Obtain a Commercial Registration (CR)

• Our team ensures quick and hassle-free registration with the Ministry of Commerce.

After Step 3: Secure Business Licenses & Permits

• Certain industries require special permits, and HATEN takes care of the paperwork.

Step 5: Open a Corporate Bank Account

• We assist in opening a business bank account, streamlining financial transactions.

After Step 5: Get a Tax Identification Number (TIN)

• Our tax experts register your business with the Zakat, Tax, and Customs Authority (ZATCA).

Step 7: Fulfill Saudization (Nitaqat) Requirements

• HATEN ensures compliance with Saudization policies and assists in hiring local talent.

Want to start a business in Riyadh hassle-free? Contact HATEN today for expert assistance!

Cost of Starting a Business in Riyadh

The cost of setting up a company depends on your business type and industry. HATEN provides transparent pricing and cost-effective solutions.

• Business Registration Fees – Starting from SAR 1,200.
• Licensing & Permits – Varies by industry.
• Office Setup Costs – Starting from SAR 30,000 annually.
• Employee Visa & Residency (Iqama) Processing – Managed by HATEN’s PRO Services.

Planning to start a business in Riyadh? Get a personalized quote from HATEN today!

Compliance & Regulations to Consider

To start a business in Riyadh, businesses must adhere to certain regulations. HATEN ensures full compliance with Saudi laws.

1. Saudization (Nitaqat Program)

• Businesses must hire a specific percentage of Saudi employees.

2. Taxation & VAT Compliance

• Corporate tax: 20% for foreign-owned companies.
• VAT: 15% on applicable goods and services.

3. Business Licenses & Renewals

• Licenses must be renewed periodically to avoid penalties.

4. Work Visas & Residency Permits

• Foreign business owners and employees need Iqama (residency permits). HATEN assists in visa processing and work permits.

Best Industries to Start a Business in Riyadh

Saudi Arabia offers profitable business opportunities in multiple sectors:

• Technology & IT – Software, cybersecurity, AI development.
• Construction & Real Estate – Infrastructure and housing projects.
• E-commerce & Retail – Online marketplaces and digital trade.
• Healthcare & Pharmaceuticals – Medical services and biotech industries.
• Tourism & Hospitality – Hotels, restaurants, and event management.
• Renewable Energy & Sustainability – Solar and wind energy investments.

HATEN offers market research and business consulting to help you choose the best industry to start a business in Riyadh.

How HATEN Can Help You Start a Business in Riyadh?

At HATEN, we offer complete company formation services, ensuring a smooth and compliant setup process. Our services include:

• Company Registration & Licensing – Hassle-free business registration.
• Bank Account Setup – Assistance with corporate banking.
• Saudization & PRO Services – Compliance with hiring policies.
• Government Liaison & Compliance Management – Avoid legal risks.
• Post-Setup Business Support – Continued assistance after company formation.

Let HATEN handle the complexities while you focus on growing your business in Riyadh!

FAQs about Starting a Business in Riyadh

Conclusion

If you are planning to start a business in Riyadh, HATEN is your trusted partner for a smooth and hassle-free setup.

Need expert assistance? Contact HATEN today for a free consultation and let us handle your business setup needs.

• Phone: +966 500 514 442
• Email: info@haten.sa
• Website: www.haten.sa