Business and Commercial Company Formation Services
With a clear focus on helping our clients achieve success.
Business Setup in KSA
Business Setup in UAE
Business Setup in Egypt
Integrated Services for Company Formation and Business Sectors
All business sector services in one place.
All business sector services, in one place.
Company Establishment and Localization Services
In line with Vision 2030 and Saudization, HOOH aims to provide comfort and security to clients from Egypt, the UAE, the Middle East, and around the world. We support the creation or expansion of businesses and commercial activities with the highest level of service.
Through precise execution of strategies that maintain the presence of distinguished services among the public and the value of investors.
Frequently Asked Questions FAQ's
Why Start Your Company with HOOH?
At HOOH, we offer comprehensive company formation services with a clear focus on helping our clients achieve success. With our team of experts in the best Arab markets (Saudi Arabia, UAE, Egypt), you can establish your company legally and comprehensively, ensuring a smooth start to your business without complications.
We possess extensive experience and multiple successes with various clients across different markets. Our clients’ trust and the achievement of their goals are our primary objectives, achieved in collaboration with numerous successful partners.
We transparently share all establishment procedures and steps with a clear and integrated business plan to legally build and properly expand your business presence.
How to Establish a Company in Saudi Arabia?
Saudi Arabia is currently one of the strongest investment destinations in the Middle East, due to significant efforts in economic development and the implementation of various programs and reforms that are expected to make it the leading investment destination according to Vision 2030.
The procedures for establishing companies for foreigners differ from those for Saudi nationals in many steps and documents as stipulated by the Ministry of Investment and the Ministry of Commerce in Saudi Arabia.
Several necessary conditions and considerations for non-Saudis to establish their companies and start investing in Saudi Arabia include:
Adherence to all legal steps and procedures for completing the establishment process.
All partners must be legally competent.
The company’s activity must be one allowed for non-Saudis.
No criminal judgments against the company founders.
Compliance with the legal form of local trade in their home country.
No local violations against them.
A commercial registration in three different countries.
Documented financial statements for at least one year.
If you wish to start establishing your company in Saudi Arabia and obtain all establishment and administrative services (post-establishment services), contact us now to easily expand your business presence with our team of specialists at HOOH.
Is it Possible to Establish a Company for Foreigners in Saudi Arabia with 100% Ownership?
Yes, you can start your business with 100% foreign ownership in Saudi Arabia by legally establishing your company according to the procedures set by the kingdom.
It's also worth noting that Saudi Arabia is currently undergoing significant development aimed at enhancing investment and increasing economic growth through non-oil and local activities, by providing various investment and economic incentives to encourage investors and entrepreneurs to expand their businesses in the Saudi market.
Which is Better: A Physical Office or a Virtual Office?
With the rapid technological development, many companies now aim to maximize all available resources to achieve higher efficiency and productivity while reducing costs.
When establishing your company in a new market, you may be unsure between a physical office and a virtual office. To make the right decision, you should consider various factors related to business nature, capital size, and profitability.
Establishing a Physical Office
A physical office is the most traditional choice for most companies, offering a crucial advantage in achieving corporate success: communication. Employees can interact directly, enhancing teamwork and improving professional relationships. In-person meetings help build trust and a deeper understanding of issues. However, establishing a physical office incurs significant operational costs, such as rent and maintenance, which may not be ideal for startups with limited budgets.
Establishing a Virtual Office
A virtual office is increasingly popular among entrepreneurs due to digital and technological advancements. It allows employees to work from anywhere, providing flexibility and enabling better time management. It effectively reduces costs since there’s no need to rent a physical office, allowing investment in product or service development. However, relying on a virtual office may present challenges, such as difficulty in monitoring performance and a sense of disconnection among team members due to lack of personal interaction.
Which is More Suitable?
The answer depends on your business nature and goals. If your company requires direct interaction among employees and has many non-portable equipment, a physical office is more suitable. Conversely, if you seek cost savings and a flexible work environment, a virtual office is the ideal solution.
What Are the Types of Companies in Saudi Arabia?
When considering establishing a company in Saudi Arabia, it’s essential to have comprehensive knowledge of the legal, investment, and economic systems related to companies. Therefore, it’s critical to understand all local regulations, legislation, and laws to avoid legal violations or penalties for non-compliance.
Here are the types of companies under Saudi law:
Partnership Companies
A partnership company involves two or more individuals who share personal liability for all the company's obligations and debts. All partners in this type of company are considered "merchants," meaning each partner is liable for the company's debts even with personal assets.
Non-registered Partnerships
According to Saudi investment law, non-registered partnerships are "hidden" or "unannounced" partnerships that are not officially recorded in the commercial registry. They lack legal personality and exist only among partners without official recognition.
Limited Partnerships
A limited partnership consists of two types of partners:
A general partner who is personally liable for all company debts, including personal assets.
A limited partner who contributes to the capital but is not personally liable for debts beyond their financial contribution and is not considered a merchant.
Joint-Stock Companies
Joint-stock companies are among the most common types in the kingdom, dividing the company's capital into equal, tradable shares. The company itself is solely responsible for its obligations and debts, meaning shareholders are not personally liable.
Holding Companies
A holding company is a special type that can be a joint-stock company or a limited liability company. Its primary function is to control other companies by owning more than half of their capital, and its name must include the term "Holding" to distinguish its activity from other types.
What Are the Types of Investment Licenses for Company Formation in Saudi Arabia?
Saudi Arabia is one of the top investment destinations in the Middle East, known for its strong economic environment that attracts local and foreign investors.
Vision 2030 serves as an ambitious strategic framework aimed at diversifying the Saudi economy, reducing its dependence on oil, and enhancing the private sector's role in economic development by improving the business environment and providing new facilities for investors, including developing systems and regulations that contribute to achieving this.
Thus, it's essential to understand the types of licenses required for company formation according to local regulations, enhancing the chances of investment project success.
Types of Investment Licenses:
Commercial License:
Issued by the Ministry of Commerce and Investment, allowing companies to engage in commercial activities such as selling, exporting, and importing.
Industrial License:
Issued by the Ministry of Industry and Mineral Resources for companies engaged in manufacturing and production.
Foreign Investment License:
Issued by the General Investment Authority for foreign investors wishing to establish companies in Saudi Arabia.
Freelance License:
Granted to companies in fields such as legal consulting, accounting, engineering, and medicine.
Health License:
Issued by the Ministry of Health for companies operating in the health sector, such as hospitals and clinics.
Construction and Real Estate Development License:
Issued by the Ministry of Municipal and Rural Affairs and Housing for real estate development companies and construction projects.
Transport and Logistics License:
Issued by the General Transport Authority for companies engaged in transport, shipping, and logistics services.
Tourism License:
Issued by the Ministry of Tourism for companies organizing trips and tourism activities.
Communications and IT License:
Issued by the Communications and Information Technology Commission for companies providing internet or telecommunications services.
Media and Publishing License:
Issued by the General Authority for Audiovisual Media for companies operating in publishing and media production.
Agricultural License:
Issued by the Ministry of Environment, Water, and Agriculture for companies engaged in agriculture or related activities.
To obtain all legal licenses and establish your company easily and comprehensively, you can contact our experts at HOOH.
We're committed to the best performance for
Kingdom of Saudi Arabia's Vision 2030
That positions the Kingdom as the strongest economically developing country in the Middle East and the world, leveraging numerous resources beyond oil to create a strong impact across various business sectors.
In collaboration with;
Major government entities and institutions in the Kingdom of Saudi Arabia ensuring the highest level of service for effective sales, development, or establishment of companies, institutions, and commercial activities.
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HOOH Business experts possess comprehensive knowledge of all regulations and laws affecting company formation processes in Saudi Arabia, Egypt, and the UAE. Our team is qualified to handle all procedures related to incorporation and legal affairs of the company with high efficiency.
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Inspiring new options for entrepreneurs and business activities in Saudi Arabia, Egypt, and the UAE. We are committed to playing a serious and genuine role in meeting partners' needs through a multidisciplinary team specializing in business development and company formation.