Offshore Company Formation in Saudi Arabia

Saudi Arabia offers investors access to a stable, oil-rich economy with growing opportunities in trade, logistics, and technology. Businesses can establish offshore entities in special economic zones with tax incentives, full foreign ownership, and streamlined regulations.

Offshore Company Formation in Saudi Arabia
Overview

Offshore Company in Saudi Arabia

mainland company formation in dubaii

Saudi Arabia’s offshore company formation is picking up steam as the Kingdom further diversifies its economy away from petroleum

Entrepreneurs and investors worldwide are considering Saudi Arabia offshore company setups and its advantages to access the region's emerging sectors like technology, logistics, and renewable energy.

With business-friendly reforms and Vision 2030 powering economic diversification, the time is right to incorporate an offshore company in Saudi Arabia.

Though the classical offshore model is limited, Saudi Arabia offers flexible corporate structures through its economic zones and foreign investment licenses. These setups offer full foreign ownership, tax incentives, and lighter regulatory formalities.  

The requirements for an offshore company formation in Saudi Arabia are the submission of a business plan, passport copies, address proof, and local sponsor or agent appointment depending on the type of entity.

Company formation cost in Saudi Arabia differs by structure and activity but is competitive with the rest of the Gulf nations. Investors can anticipate being welcomed with openness and ease of procedure in everything from visa and license issuance to the establishment of the office.  

Furthermore, Saudi Arabia salary for the formation of an offshore company is typically attractive to expat professionals with tax-free pay.

To initiate an offshore company formation in Saudi Arabia, one can opt for licensing in the Special Economic Zones or free zones such as King Abdullah Economic City (KAEC), which are highly suitable for foreign business.  

These zones aim to promote the Saudi Arabia offshore company formation with benefits of 100% repatriation of profit along with customs duty exemption on export and import.

If you are going to establish an offshore company in Saudi Arabia for trading, consultancy, or investment, the Kingdom boasts an excellent infrastructure and a strategic positioning connecting Asia, Africa, and Europe.  

Offshore company setup in Saudi Arabia is a lucrative avenue for global growth and successful business in the long term.

Permitted Activities for Starting an Offshore Company in Saudi Arabia

llc business setup in dubai mainland

International Trading  

International Trading  
Import/export of goods outside Saudi Arabia.

sole establishment in dubai mainland

Holding Company Activities

Managing shares or ownership in other international entities

civil company in dubai mainland

Investment & Asset Management  

Handling global investment portfolios and corporate assets.

branch office in dubai mainalnd

IT & Software Services

Developing and selling software and digital services globally.

llc business setup in dubai mainland

Consulting & Advisory Services  

Offering financial, legal, or management consultancy internationally.

sole establishment in dubai mainland

E-commerce & Online Platforms

Running cross-border online retail or service platforms.

civil company in dubai mainland

Logistics & Maritime Services  

Operating shipping, freight, and logistics businesses

branch office in dubai mainalnd

Real Estate Holding (International)

Owning and managing overseas real estate investments.

Advantages of Saudi Arabia’s Offshore Company Setup

100% Foreign Ownership

Investors can fully own their offshore company in special economic zones.

Strategic Location  

Saudi Arabia bridges Asia, Africa, and Europe, ideal for global operations.

Tax Benefits  

No personal income tax and potential corporate tax incentives in designated zones.

Repatriation of Profits  

Full repatriation of capital and profits is allowed.

Modern Infrastructure  

Access to world-class logistics, ports, and digital networks.

Government Support

Investor-friendly reforms under Vision 2030 encourage foreign investment

Documents Required for an Offshore Company Formation in Saudi Arabia

Documents Required for Individual and Corporate Shareholders
Document Type Individual Shareholder Corporate Shareholder
Passport Copy (Certified) Required Required (for UBOs & Directors)
Proof of Address Required (Utility Bill / Bank Statement < 3 months old) Required (for UBOs, Directors, & Parent Company)
Bank Reference Letter May be required Not typically required
Professional Reference Letter May be required (Lawyer or Accountant) Not typically required
Memorandum & Articles of Association Not applicable Required (Certified Copy)
Certificate of Incorporation Not applicable Required (Certified Copy of Parent Company)
Board Resolution (Authorizing Formation) Not applicable Required
Company Structure & Ownership Chart Not applicable Required
Power of Attorney (If applicable) If required If required
KYC Form Required Required
golden visa services in dubai

Process of Open an Offshore Company in Saudi Arabia  

Timeline: 10 to 15 Business Days

01   Choose a Company Name

Select a unique and compliant business name for your offshore entity

Takes 1 day

02  Appoint an Authorized Agent

A local official agent is mandatory for handling legal and administrative procedures

Takes 1 to 2 days

03   Submit KYC Documents

Provide certified passport copies, proof of address, and shareholder details

Takes 1 to 2 days

04 Draft Legal Documents

Prepare the Memorandum and Articles of Association for submission

Takes 2 to 3 days

05 Submit Incorporation Application  

File the documents with the relevant Saudi authorities for approval

Takes 2 to 3 days

06 Pay Government & Service Fees

Complete payments; note that the cost of opening a company in Saudi Arabia varies based on structure and services

Takes 1 day

07 Receive Certificate of Incorporation (2–3 Business Days)

Once approved, you’ll receive legal proof of your offshore company formation in Saudi Arabia

Takes 2 to 3 days

08Open a Corporate Bank Account

Final step to open an offshore company in Saudi Arabia is applying for a corporate bank account which enables you to conduct international transactions.

Takes 5 to 7 days

Why Should you Choose Us

Expert Advice
Bespoke Solutions
Broad Experience
Post-Setup Support

RadiantBiz offers expert guidance and an individually tailored solution for developing your business in the UAE. We ensure a smooth process with our broad experience in setting up businesses. We also offer post-setup guidance. We accompany you on your entrepreneurial journey ensuring business success and growth through our expertise in every business department.

business setup consultancy

Empowering Your Business
through our Associations & Channel Partners in Dubai.

Ready to Set Up Your Business in Dubai? Contact Us Today to Explore the Best Zones and Get Expert Assistance!

Get Started Today

Ready to launch your Business?

No more guesswork - Get a clear and accurate cost estimate to start your Business in Dubai, UAE with our Exclusive Cost Calculator.

Real Reviews from Real Clients

Join over 15,000 delighted customers who has successfully established their businesses in Dubai