Yes, a foreigner can open a Saudi company provided that he complies with local laws, regulations, and conditions regulating foreign investment in Saudi Arabia. He must have an investment permit from the Saudi Ministry of Investment (MISA).

Investors may establish the following legal entities

• Joint stock company.
• Limited liability company.
• Joint project.
• Limited partnership company.
• Joint liability company.

• Industry sector
• Communications and information
• technology sector
• Energy and water sector
• Health sector
• Transport and logistics sector
• Tourism, culture and entertainment sector
• Service sector

The foreign investor may own up to 100% of the capital of the company he intends to establish. As for the commercial license, the investor can practice business according to the following conditions: The presence of the foreign company in three different countries, and the minimum capital required to practice the activity must be Wholesale and retail trade is at least ($7,999,180), equivalent to 30 million Saudi riyals, written and not paid.

You are basically required to get the documents of the parent company or holding company certified by the Ministry of Foreign Affairs, in order to start the process of establishing your branch. Next, it is important that you reserve a trade name, and obtain approval from the Ministry of Economy and Dubai Economy and Tourism Economic Development (DET). Once this is done, you will need to rent office space, and you can start your business.

Although there is no official statement about which activity or industry will yield good results, here are some industries that have already been established as investment recommended industries.

• Services related to information technology
• Health care services
• Delivery services
• Travel and tourism services
• Cleaning and maintenance services
• General trade business

There are four types of licenses that can be chosen if you are looking to set up a company in the UAE. they:

• Commercial Licenses: Commercial licenses are issued to companies operating in the trade of goods. A few commercial activities that fall under a commercial license are trading in goods and commodities, manufacturing and exporting products, real estate, logistics services, and some other activities.
• Tourism licenses: Companies operating in the travel and tourism industry, such as travel agents, tour operators, hotels and hospitality, and all activities similar to them, must obtain a tourism license.
• Professional licenses: This is a mandatory license issued to individuals wishing to provide any type of service. As this is a service-related license, it is important that individuals provide evidence of experience or educational qualification as proof of their knowledge in this field.
• Industrial licenses: Designated for companies that engage in industry-related services such as manufacturing, natural resource processing, or raw material processing. One of the basic requirements for obtaining or operating an industrial license is that the company must have a warehouse within the United Arab Emirates

As per routine requirements it is necessary to have an office address in order to obtain a business license for your company. However, you do not necessarily need an office space to apply for a business license. Depending on your business, if you do not need an office to carry out your daily activities, you can obtain a virtual office license which will serve as an address that you can use in your business license, which can also be the space where you can hold business meetings if necessary, and you can use it as a mailing address. like that.

To liquidate your company, you must first submit all documents to the relevant authorities such as original registration certificates, shareholder resolutions, commercial license, obtaining clearance certificates, company incorporation document in the UAE, power of attorney, and some other documents. You then have to place an advertisement in a newspaper and wait 45 days. After this period, the process of liquidating your company will be complete