Saudi Arabia has become a promising destination for both locals and expats who want to launch a business — especially with its strong digital push and business-friendly reforms under Vision 2030.

If you're a resident in Saudi Arabia and want to start your own company, here’s everything you need to know:

•  What’s allowed

•  What documents you need

•  And whether you need any special tech license

Can Residents Open Companies in Saudi Arabia?

Yes, they can.

But it depends on your legal structure, your nationality, and your business sector.

If you partner with a Saudi citizen, you can own a portion of the company.

If you want 100% foreign ownership, you’ll need a license from the Ministry of Investment (MISA).

Tech startups and digital businesses usually enjoy smoother, faster approval.

Steps to Start a Company as a Resident

Apply for a license from MISA (if you want full ownership)

• Reserve your trade name online via the Ministry of Commerce

• Prepare your company documents including the Articles of Association

• Register your company (CR) — your legal license to operate

• Register with Zakat, HR ministry, and social insurance

• Get your municipal license and lease

• Open your corporate bank account

What Documents Do You Need?

For Individuals:

• Valid passport

• Iqama (residency ID)

• CV or proof of experience

• Personal contact info

• National address

• For the Company:

• Commercial name

• Founding contract

• Activity type & business model

• Authorized manager’s name

• Lease or office agreement

• Additional if foreign-owned or tech-related:

• MISA license

• Other permits depending on activity

Do You Need a Tech License?

If your business involves software, cybersecurity, e-commerce, or SaaS — probably yes.

Common licenses include:

• MCIT License – for software, cloud, IT, AI, etc.

• Monsha’at (SME) Certificate – unlocks grants, waivers, support

• E-commerce License – if you're selling online

The good news: tech startups are highly supported, and some zones like Riyadh Digital City or NEOM offer fast-track setup.

Sidrahub Summary

Yes, residents can own companies in Saudi Arabia

Documentation is clear, and most of the process is digital

Tech companies get special support and licensing paths

Sidrahub is here to guide you from A to Z — no matter your background