Corporate Bank Account Opening in Saudi Arabia

Corporate Bank Account Opening

Opening a business bank account in Saudi Arabia can be a complex, document-heavy process. We work directly with major Saudi banks to ensure your account is opened swiftly—with minimal back-and-forth.

request a quote

Our Process

Document Preparation

We ensure your legal and financial documents meet KYC standards.

Bank Selection

Choose from trusted banks like Al Rajhi, Riyad Bank, and more.

Appointment Scheduling

We coordinate meetings and ensure seamless communication.

Account Activation

Monitor application status until your account is fully active.

Our Clients

Frequently Asked Questions

What are the main types of legal entities available in Saudi Arabia?

The most common types of entities are:

Limited Liability Company (LLC)
Foreign Branch Office
Joint Stock Company (JSC)
Representative Office
HRQ
Entrepreneur License
Each structure has specific requirements related to ownership, capital, and licensing.

Can a foreign company own 100% of a business in Saudi Arabia?

Yes. foreign investors can own 100% of their company in many sectors, provided they obtain the correct foreign investment license from MISA (Ministry of Investment of Saudi Arabia).

What are the steps to register a business in Saudi Arabia?

The general steps include:

Reserve a trade name

Obtain a foreign investment license from MISA

Open a bank account and deposit capital

Activate government portals like Qiwa, Muqeem, and Mudad
We handle this entire process for our clients from start to finish.

What types of injury cases does your firm work on?How long does it take to set up a company in KSA?

Timelines vary based on company type and sector. On average, with us it takes up to 45 working days to complete full registration, including licensing, portal setup, and bank account activation.

Do I need a local partner or sponsor in Saudi Arabia?

In many sectors, no local sponsor is required. However, some regulated or strategic sectors may still require a Saudi partner or special approvals. We’ll advise you based on your business activity.

What is the minimum capital requirement?

Capital requirements depend on your business activity and legal structure. For most LLCs, there is no minimum capital requirement for foreign-owned companies. Some activities may require higher capital based on MISA classification.