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Is Saudi Arabia company formation expensive to set up?

April 26, 2017COMPANY expensive FORMATION Saudi Arabia

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Is Saudi Arabia company formation expensive to set up?

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The government charge company registration fees for publishing the Articles of Association (5,000 to 10,000 SR) registration with the Ministry of Commerce and Industry (6,000 SR for 5 years of registration), and fee for registering with the Chamber of Commerce (2,100 SR). On average this amounts to the equivalent of US$4,100. On top of this will be lawyer fees, if an attorney is required to set up the business on behalf of the partners.