Expand Your
Business into Saudi

Tap into the lucrative market of Saudi Arabia
to supercharge your business growth.
Enter the GCC’s largest and fastest-growing market today.

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Unlock Business Opportunities in Saudi Arabia

Tap in to the fastest growing G20 economy. Saudi Arabia has the largest population of the GCC and has the second largest natural resource reserves in the entire world.  The Saudi Vision 2030 is an ambitious program that puts Saudi Arabia at the forefront of the global economic stage. The initiative creates thriving opportunities across all sectors including technology, healthcare,  construction & more. With a growing middle class and booming economic growth, Saudi Arabia presents incredible opportunities for foreign businesses to fuel expansion and growth.

Our Services - Saudi Arabia

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Why Saudi Arabia?

The Saudi 2030 Vision

$37 Billion

Worth of contracts awarded to local private sector companies

$1 Trillion

Nominal GDP

36 Million
Population

Largest in GCC

$1.1 Trillion

Private Sector Contribution

The Kingdom is Opening It’s Doors

The Kingdom is opening it’s doors to foreign companies, expatriates and tourists through lower barriers to entry and easier methods for business incorporation and relocation. Visa on arrival now exists for many European nationalities and the country continues to make huge investments into Sports, Entertainment, Leisure and Retail. The living experience in Saudi Arabia is now extremely positive, foreigner-friendly and rivals other countries globally.

The 2030 Vision

Saudi Arabia is set to become the next global hub of business, technology, innovation and tourism. Ongoing infrastructure projects, including the NEOM megacity and the Red Sea Project, enhance connectivity and create a conducive environment for business expansion. We have helped hundreds of companies expand their presence into Saudi Arabia.

Get In Touch
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The 2030 Vision

Saudi Arabia is set to become the next global hub of business, technology, innovation and tourism. Ongoing infrastructure projects, including the NEOM megacity and the Red Sea Project, enhance connectivity and create a conducive environment for business expansion. We have helped hundreds of companies expand their presence into Saudi Arabia.

Get In Touch
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Fantastic Experience with Sanctuary

The Sanctuary Team took care of our entire company set-up and compliance for our Riyadh office. Their team truly spent time to educate us on the requirements and made the entire process of setting up extremely simple and easy.

-Fraiser Blackwood

Our Results

500

Trusted
Clients

2000

Companies Incorporated by Our Team Members

50 Years

Combined Advisory
Experience

50

Experienced & Award
Winning Team Members

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Please note that non-GCC nationals must already have a company to set-up in Saudi Arabia

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FAQ

Can I own a company 100% in Saudi Arabia?

Yes, you can. The Ministry of Investment (MISA) in Saudi Arabia allows non GCC nationals to set-up companies as subsidiaries or branches of their existing foreign companies.

Does Saudi Arabia issue visas to expatriates?

Yes, Saudi Arabia issues visas to expatriates, both tourist and business visas are available as well as employment visas issued under companies. Sanctuary can assist with all of these visas.

What is the role of your company in helping businesses expand their presence into Saudi Arabia?

With a proven track record, we assist hundreds of companies in navigating the complexities of entering the Saudi Arabian market. Our support includes facilitating expat-owned company setups, ensuring a smooth entry.

What sectors show the most promise for foreign businesses in Saudi Arabia?

Explore opportunities in sectors such as technology, healthcare, construction, and others, driven by Saudi Arabia's growing middle class and booming economic growth.

Why should my business consider tapping into the Saudi Arabian market?

Saudi Arabia boasts the largest population in the GCC, with extensive natural resource reserves and a rapidly growing economy, making it a lucrative market.

Can I withdraw profits from my company in Saudi Arabia to another country or my home country?

Yes, you may withdraw any profits from your existing KSA entity, subject to meeting the local tax and accounting regulations within Saudi Arabia, something our team are experts in. Withholding tax will also apply whenever moving profits outside of the Kingdom and the rate will depend on the country to which the profits are being withdraw too.

What taxes exist in Saudi Arabia?

Saudi Arabia currently has a variety of business and consumer taxes to be aware of currently. Corporate Tax, VAT, Import Duty as well as Withholding tax all apply, and it is important for all businesses to be aware of and compliant with.

What changes in visa regulations have made Saudi Arabia more accessible to foreigners?

Saudi Arabia has lowered barriers to entry, introducing visa-on-arrival for many European nationalities, fostering a positive and foreigner-friendly living experience.

How does the Saudi Vision 2030 initiative impact business prospects in the country?

The Saudi Vision 2030 initiative positions the country on the global economic stage, creating thriving opportunities in technology, healthcare, construction, and more.

How can my business initiate the process of tapping into the Saudi Arabian market with your assistance?

To initiate the KSA business set-up process, contact our team. We provide personalised guidance and assistance, tailored to your business needs and goals. Streamline your entry into the market with us.