Unparalleled Growth of the Saudi Construction Sector
With the rise of giga-projects and upcoming mega events such as the 2030 Riyadh Expo and the 2034 FIFA World Cup, the construction sector in the Kingdom has become a ripe market to expand to and tap into opportunities for regional and international entities.
Learn more about bidding on the largest construction projects and how this sector in Saudi is set to become the largest by 2028 at setupinsaudi.com
Saudi Giga Projects
Qiddiya Theme park
Constructed over a 334km2 wide area Qiddiya seeks to capture a significant number of the Kingdom’s 17 million outbound tourists by offering world-class entertainment, culture, and shopping opportunities
Neom
Expected to contribute $48 billion to the Saudi GDP by 2030, it covers an area of 26,500 km over the Red Sea region, NEOM includes the “THE LINE,” “Hexagon,” “Trojena,” and “Sindalah” projects
Red Sea Global
The Red Sea project is a pioneering luxury global tourism destination on the western coast of Saudi Arabia. Spanning over 28,000 km, expected to contribute $4 billion annually to the Kingdom’s GDP by 2030
ROSHN
ROSHN is expected to build over 400,000 homes and neighborhood facilities by 2030 over geographically distributed areas on 200,000 km2 of land.
Diriyah
Diryah’s contribution to the Kingdom’s GDP is expected to be around $18.66 billion. The plan oversees the construction of over a hundred restaurants, 38 hotels, and other community facilities
King Salman Park
Located in central Riyadh, King Salman Park will be the largest urban park in the world, with a value of $1.07 billion and a magnet of construction opportunities for innovative global companies
New Murabba
New Murabba is a $20 billion project oversees the building of 17,000 residential units and is expected to contribute $12.5 billion to Saudi Arabia's GDP by 2030.
Al’Ula
The Al’Ula project in Saudi Arabia involves developing the land around the UNESCO World Heritage Site of Al’Ula to make the historic city more attractive to tourists and to increase the quality of life in the region for locals.
Only companies that have received the MISA license and Commercial Registration
can place bids for these construction projects within the Kingdom.
Construction Specialties in Focus
Construction
Contracting & Sub-contracting
Architecture
Proptech
Green Energy Solutions
Lighting
Construction Machinery
Construction logistics providers
Building Information Modelling
Building materials & Equipment
Real estate & construction Management platforms
Set Up Your Construction Business in Saudi Arabia
With 100% Foreign Ownership
Accelerating The Growth of Construction in Saudi Since 2018
1500+
Expansions to the Gulf
650+
Expansions to KSA
350bn+ USD
Funds raised
6
Unicorns Supported
5/5
Rating from our Clients
Gain Your MISA License in Saudi Arabia
AstroLabs has been working closely with MISA (previously SAGIA) since 2018 to expand high-growth global companies in the construction sector to Saudi Arabia.
30+ On-Ground Specialists To Activate Your Construction Projects
Our top-rated setup consultants have enabled the seamless company formation and expansion of 650+ companies into Saudi Arabia. With a local team focused on your expansion needs, our experts streamline and fast-track your process of bidding on construction projects in Saudi.
Comprehensive Packages Designed to Kickstart and Fast-track Your Construction Operations
We streamline your entry into Saudi Arabia with our soft landing solutions and office spaces that include a National Address, complemented by our comprehensive compliance and HR administrative services. Our team fast-tracks your expansion to KSA from streamlining your licensing process, registering on key portals and supporting your administrative needs.
Business Growth Solutions To Stay Compliant & Access Opportunities in Saudi
Our partnership extends beyond setup. and company formation. We continue to support your company’s growth through a variety of compliance solutions to help maintain your direct access to the government. Our PRO, GRO and hiring services supports your company’s unparalleled development in Saudi Arabia.
Get Your License in 30 Days and Become Fully Operational in Less Than 3 Months
MISA License
License Management
Complete Liaison with Official Authorities
Issuance of the GM Visa
Government Portal Registrations
Assistance in Bank Account Opening
Beyond Setup: Compliance & HR Admin services and access to our network
Our Saudi Expansion Track-Record
Construction Companies We’ve Expanded To KSA
Our Clients Have Tapped into the Saudi Market through Fast-Tracked Access to Construction Projects
AstroLabs provided invaluable support in our strategic entry into Saudi, which is one of the largest markets in MENA. PRO work can look complicated, but with the help of their on-ground specialists, AstroLabs made our whole expansion journey quick and efficient. They simplified the process remarkably.
Austria
Jason Wilson BSc MRICS
General Manager
I would recommend any company that is looking to expand to Saudi to find a local market entry partner like AstroLabs who can identify the needs from the authorities and use their local know-how to fast-track the process of expansion for businesses.
UAE
Ramesh Iyengar
CFO
5.0/5 Satisfaction Rating From Our Clients
FAQs
How do I bid on projects in Saudi Arabia?
While some projects have their bidding platforms that require registering your company and submitting a list of required documents, Etimad is one of the most important portals for bidding on projects in Saudi Arabia. To gain access to the portal, you need to set up a company in Saudi Arabia, after which your company documents are utilized to create an account on the portal.
Which authorities regulate the Construction sector?
Several authorities regulate the construction sector, including the Ministry of Municipal and Rural and Housing (MOMRAH), the Ministry of Housing, the Ministry of Investment (MISA), the Ministry of Human Resources and Social Development (MHRSD), the KSA Government Tenders and Procurement Law (GTPL) and the Saudi Building Code (SBC).
Are there any legal frameworks for Construction Projects in Saudi Arabia?
Any construction company seeking involvement in Saudi Arabia’s dynamic construction ventures needs to understand the legal and regulatory structures in Saudi Arabia.
The essential structures are the principles of Shari’ah law and the established protocols of FIDIC (International Federation of Consulting Engineers) contracts. Together, they develop a regulatory framework that aligns with the cultural and legal bedrock of the Kingdom.
What are the Special Economic Zones?
Driven by Vision 2030, Saudi Arabia is rapidly transforming its national economy, focusing on diversification and private sector growth. This transformation has led to the establishment of Special Economic Zones (SEZs) in Saudi — an initiative that offers unparalleled advantages to 100% foreign-owned businesses that want to set up operations within the Kingdom. Learn more
How much does it cost to setup my company in Saudi Arabia?
The cost of a company formation in Saudi Arabia varies per license type you will require (depending on your business activities), number of visas, office space requirements and other details. We recommend booking a free consultation with our specialists to help you navigate in this complex process and learn more about company formation in Saudi Arabia.
What is a MISA license, and who is it for?
The Ministry of Investment is a government entity that licenses foreign companies to operate in Saudi Arabia without a local partner by issuing the MISA Investor License. This is a mainland license with 100% foreign ownership. The MISA Investor License is open to companies of all sizes set up in the Kingdom. The most common business activities we license are those in the services sector. Please note, certain activities are restricted, such as recruitment, medical, and certain types of consulting (other than management)
Do I have to come to Saudi Arabia to finalize the process?
The assigned general manager from your side would need to travel to KSA for completing the Iqama issuance, which is needed to complete the setup process
How long does it take to setup a business license in Saudi Arabia? And what is the process?
The company will be commercially registered within 3 to 4 weeks. The company will be fully established with the GM Iqama and company bank account within 3 months
Do I need to have an office?
Yes, a registered national address is needed when establishing a company in Saudi Arabia. The AstroLabs Coworking office can be used for companies softlanding as well as their registered address
What is Saudization?
Saudization is a law which imposes companies to hire a number of Saudi Nationals depending on the sector and size of the company. The first hire (after the General Manager) must be a Saudi National
How is taxation applied to foreign owned companies operating in KSA?
- 20% tax on net profit
- 15% VAT
- 5-20% Withholding tax
