Info@empowermentgate.com +966 53 196 2796

Can you own 100% company in Saudi?

empowerment-gate 0 6

As a general principle, yes, foreigners are allowed to own 100% of the shares in a company in Saudi Arabia, and this is the standard practice in most sectors. However, it’s important to note that there are certain sectors that have specific regulations regarding ownership.
In sectors such as communication, insurance, re-insurance, real estate financing, and public transportation, Saudi regulations require a local partner with a minimum share, which can vary between 20% and 40%.
While obtaining a commercial license in the wholesale and retail trade sectors does not mandate a Saudi partner, the capital requirements differ based on whether the company has a Saudi shareholder or not.
For more detailed information on specific sector regulations, minimum share requirements, and capital considerations, we recommend contacting Empowerment Gate. Our expert team can provide personalized guidance and ensure that you have the most up-to-date and accurate information tailored to your business needs.
Feel free to contact us for further assistance and clarification.
Note: The information provided is subject to change based on regulatory updates, and it is advisable to consult with Empowerment Gate for the latest and most accurate details relevant to your business.

اضافه تعليق