Seamlessly Expand Your IT Company to Saudi Arabia

Expand your IT company into Saudi Arabia and capitalize on the growing opportunities in this thriving sector

A Rapidly Evolving IT & Software Sector

In line with the Saudi Vision 2030, the IT sector in the Kingdom has become a cornerstone of the nation’s transformation. The rising opportunities in this sector have made the Saudi market as the top destination of choice for expansion.

Learn more about the Saudi market at setupinsaudi.com

A Rapidly Evolving IT & Software Sector

7.78% CAGR

Market growth rate from 2021 to 2026

Market Volume graph

$5 million

Expected incremental growth in the IT market from 2021 to 2026.

IT Market graph

$1.64 billion

Market volume by 2028

IT Specialties in Focus

Cloud and 5g

Cloud & 5G

Software development

Software
Development

Digital Transformation

Digital
Transformation

SaaS

SaaS

Infrastructure

IT Infrastructure

Cyber Security

Cyber Security

Managed Services

Managed Services

Original Equipment Manufacturing

Original Equipment
Manufacturer

Consultancies

Consultancies

Entreprise Solutions

Enterprise Solutions

Gaming

Gaming

Smart city

Smart City & IOT

Only companies that have received the MISA license and Commercial
Registration can place bids for government projects within the Kingdom.

IT Giants Operating in Saudi Arabia

Set Up Your Business in Saudi Arabia
With 100% Foreign Ownership

The AstroLabs Advantage

two buildings

1500+

Expansions to the Gulf

three buildings with dollar sign behind

600+

Expansions to KSA

buildings with arrows pointing up

350bn+ USD

Funds raised

plant with dollar sign

6

Unicorns Supported

three people

5/5

Rating from our Clients

SAGIA meeting

First International Incubator License in Saudi Arabia

AstroLabs has been working closely with MISA (previously SAGIA) since 2018 to plug in high-growth global companies into Saudi Arabia.

Team of 30

A Team Of 30 On-Ground Local Specialists

Our top-rated setup consultants have enabled the seamless expansion of 600+ companies into Saudi Arabia.

City

Comprehensive packages designed to kickstart your 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.

AstroLabs meeting

Benefit from AstroLabs network and Business Growth Solutions

Our partnership extends beyond setup. We continue to support your company’s growth through our recruitment and PRO services, and by connecting you with our extensive network across various sectors

Get Your License in 30 Days and Become Fully Operational in Less Than 3 Months

01

MISA License

02

License Management

03

Complete Liaison with Official Authorities

04

Issuance of the GM Visa

05

Government Portal Registrations

06

Assistance in Bank Account Opening

Beyond Setup: Compliance & HR Admin services and access to our network

Our Saudi Expansion Track-Record

Companies We’ve Expanded To KSA

BBI
Bespin Global
Bosta
BPS
BRKZ
Bulwark_Distribution
cloud4c
Horizontal Integration Middle East
Fresha
Halian
Impetus
intertouch
Kaar
Klaim
Knowledge
Pixcom
RAY-Labs
Rentsher
Speridian tech
Systems limited
Retailo
SISA
Smartwayt
Speakol
paragon

5.0/5 Satisfaction Rating From Our Clients

AstroLabs’ team provided invaluable support in navigating company setup challenges, leveraging their expertise and supportive team. In addition to offering office space, they assisted with visas, taxes, and understanding evolving regulatory landscapes, making the process significantly easier.

United Kingdom

UK flag

Simon Fakhoury

General Manager

Fresha

Strategic Partner

in the Saudi IT Sector

FAQs

The Saudi government, through its Vision 2030 initiatives and collaborations with industry leaders, is investing heavily in digital infrastructure, cybersecurity, and innovation hubs to nurture a tech-driven economy. The latest investment round was launched in August of 2023 when Crown Prince Mohammed bin Salman announced a new $200 million fund for local and international high-tech companies.

Source: Arab News

Major global players like IBM, Amazon, and Trend Micro are already creating strategic partnerships with local businesses and setting up operations in the Kingdom. Google organized their key regional event – Google Marketing Live – for the first time in Riyadh in 2023. This further highlights the global importance of the rapidly expanding IT ecosystem.

Technology forms an integral part of the Saudi Vision 2030, allowing technology-focused companies to steer development across the nation. With over $2.4 billion in funding, key players like Banque Saudi Fransi, Riyad Bank, Merak Capital, and Impact46 lead the charge in supporting emerging tech ventures. Notably, venture capital investment in the Kingdom’s startup scene surged by 72% from 2022 to 2023, signaling a significant push towards innovation and economic progress.

The Saudi government is heavily investing in the country’s tech infrastructure, digital growth, and cybersecurity as it transforms into a digital economy and a world-leading innovation hub in line with its Vision 2030. The growing emphasis on nurturing a strong technology sector is exemplified by Crown Prince Mohammed bin Salman’s recent unveiling in 2023 of a $200 million fund targeting local and international high-growth technology companies.

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

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.

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)

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

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

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

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

  • 20% tax on net profit
  • 15% VAT
  • 5-20% Withholding tax

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