Menu
Expat.com
Search
Magazine
Search

Small Business in KSA

Amrit Khan Bhanu Khan
#1
Indian Nationality
Working in KSA from Last 3 years.

Point:
1- Want to start small business (Coffee Shop)
2- In case of no 100% Expats ownership. What is % between Saudi & expats partnership as per KSA Law.
3- How make KSA official acknowledgement that Company only in Saudi Nationality Name but whole Liability or ownership in My name. To avoid fraud risk.

* If any other suggestion please share.

Note: I have knowledge for basic licence like CR, chamber of commerce, GOSI, GAZT.
See also
Ehtesham
#2
Hi,
business can be either under your name as expat investor or under saudi name as owner and cannot be shared. Owning a business is done through SAGIA and other members can explain better about it.
XTang
#3
I have commented on similar topics before:
https://www.expat.com/forum/viewtopic.php?id=825938

Another good thread which discusses the issues
https://www.expat.com/forum/viewtopic.php?id=317306

Basically, the only legal way nowadays to have a business in your name to the tune of 100% is to get a premium residency for Saudi.  Costs a lot i.e. 800K for lifetime.

Any other way is problematic for small business owners.  SAGIA won't help with such small businesses and even if they do, you have to set it up in partnership with a Saudi. 

Don't EVEN THINK of doing point 3 unless you want to go to jail.  This is basically you admitting to "tasattur".

Read the threads I posted above and in the future, use the search button for the forum.
1 member reacted to this post

Essential services for your expat journey

Choose the best health insurance
Choose the best health insurance
Protect your health and get easy access to treatment for expats in Saudi Arabia.
Plan your international move
Plan your international move
Facilitate your move to Saudi Arabia by getting a quote from our top rated movers.
Open a bank account that suits you
Open a bank account that suits you
Discover the best international banks to manage your money securely.
Send money overseas at the best rate
Send money overseas at the best rate
For fast, safe and secure money transfers to and from Saudi Arabia.
Other discussions on shopping in Saudi Arabia
Ask your questionOther discussions about shopping in Saudi Arabia

Further reading

Accommodation in Dammam
Dammam is the capital city of the Eastern Province, which is made up of smaller cities that, together, form the ...
Dating in Saudi Arabia
If there was one adjective that could describe dating in Saudi Arabia, it would be the word 'discreet'. ...
Accommodation in Yanbu
Overlooking the Red Sea, Yanbu is deemed to be Saudi Arabia's second industrial city after Jubail, which is ...
Accommodation in Jubail
Jubail is Saudi Arabia's industrial hub; in fact, it's the largest industrial city in the Middle East. ...
Everything you need to know as an expat woman in Saudi Arabia
Saudi Arabia can be a challenging destination for women. As a strict Islamic country, Saudi Arabia imposes a lot ...
Accommodation in Jeddah
Jeddah is often dubbed the 'New York' of Saudi Arabia. It is heavily populated, hosting the most diverse ...
Accommodation in Khobar
Khobar is the metropolitan city of the Eastern Province. It is widely recognized as the happy medium between ...
Internships in Saudi Arabia
Performing an internship in Saudi Arabia can be an interesting and enriching experience for young professionals. ...