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Fees and timelines in 2024

Fees

payment by instalmentThe average fee per Saudi Arabia company formation engagement is outlined in the table below. These fees include Saudi Arabia company incorporation, opening corporate bank accounts, and all government fees:

Different Saudi Arabia entity types Cost Draft invoice
MISA LLC US$70,499 View invoice PDF
National LLC US$39,890 View invoice PDF
Agency agreement US$16,200 View invoice PDF
Saudi Arabia free zone US$87,627 View invoice PDF
Branch of a foreign company US$76,390 View invoice PDF
Joint stock company US$54,380 View invoice PDF
Limited partnership US$54,380 View invoice PDF
Technical and Scientific Services Office (TSSO) US$67,040 View invoice PDF
Temporary Commercial Registration (TCR) US$49,280 View invoice PDF

Other fee considerations

Timelines

The average Saudi Arabia company incorporation engagement period is 11 months as outlined below:

Service MISA LLC National LLC Commercial Agency Agreement
Engagement planning 2 weeks 2 weeks 2 weeks
Company incorporation 7 months 6 weeks 6 weeks
Corporate bank account approval 3 months 2 weeks 2 weeks
Corporate internet banking approval 1 month 1 week 1 week
Changes of corporate structure (if required) N/A N/A N/A
Engagement completion 1 week 1 week 1 week
Total engagement period 11 months 3 months 2 months

saudi arabia business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in Saudi Arabia, please contact our in-house country expert, Ms. Chrissi Zamora, directly:
client relationship officer - Chrissi