WhatsApp quoteOn the ground, saudi Arabia company formation takes 4 to 8 weeks including MISA licence and commercial registration, and GoldenKey coordinates the local agents, documents and bank introductions from Ajman. The tax position in Saudi Arabia is clear: 20% corporate tax on the foreign-owned share of profits, 2.5% Zakat on Saudi-owned share, and 15% VAT. In our experience, the most common businesses Belgians open through GoldenKey are in diamond trading, logistics, pharmaceuticals and chemicals, although Saudi Arabia supports almost any activity. the Antwerp-Dubai diamond corridor is one of the world's most important, anchored by DMCC, which gives Belgian entrepreneurs a ready market and supply chain the moment their Saudi Arabia licence is issued.
Why Saudi Arabia
As a rule, documents for Saudi Arabia are collected and attested in the UAE where required, so you do not need to travel for incorporation. Requirements for a Saudi Arabia company are MISA investment licence, attested parent-company documents (usually a UAE or home-country entity with one year of financials) and commercial registration and Chamber membership. Importantly, for Belgians, the practical advantages of Saudi Arabia are the ease of travel between Belgium and the UAE, English is the business language; French and Dutch speakers are common in Dubai, and a banking system that processes euro (EUR) transfers daily.
How Saudi Arabia works with GoldenKey
Step 1Structure and name check
GoldenKey checks the proposed name and structure against the Ministry of Investment (MISA) and Ministry of Commerce's rules. Expect clear updates from your GoldenKey consultant while this step runs for a Saudi Arabia company for Belgians.
Step 2KYC and documents
You provide passports, proof of address and the information required by the Saudi Arabia registrar; GoldenKey prepares the forms.
Step 3Incorporation
As we tell every client, our Saudi Arabia partner files the incorporation and the registrar issues the certificate, typically within 4 to 8 weeks including MISA licence and commercial registration. For a Saudi Arabia company for Belgians, GoldenKey completes this stage with you on WhatsApp or by email.
Step 4Banking and compliance
GoldenKey arranges bank introductions in Saudi Arabia and diarises the annual compliance filings.
Documents required
Here is what you will need for a Saudi Arabia company for Belgians; GoldenKey checks every item before submission.
- Passport copies
- A bank statement from your Belgium bank for the last three months, which banks use to understand your profile
- A passport released by Belgium with at least six months' validity
- Educational certificates attested by the Belgium authorities and the UAE embassy, for professional activities
- Proof of address
- Bank reference
Pricing
Day to day, pricing for a Saudi Arabia company for Belgians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. The figures below for a Saudi Arabia company for Belgians are updated by GoldenKey whenever the authority changes its fees, so the price you see is the current one.
| GoldenKey service fee | AED 15,000 |
|---|---|
| Official fees (approx.) | AED 5,000 |
| Approximate total | AED 20,000 |
Fees in AED; MISA fees collected in SAR
Request this servicePrices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.
Why the UAE
Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a Saudi Arabia company for Belgians no longer requires a local partner. There are no restrictions on repatriating profits or capital, so earnings from a Saudi Arabia company for Belgians can be moved to your home country or reinvested freely.
Why GoldenKey
As we tell every client, we speak the languages our customers speak, including English, Arabic, Hindi, Urdu and Malayalam, and we can arrange Russian, French and Mandarin support for a Saudi Arabia company for Belgians. Just as important, most of our Saudi Arabia customers come to us through referrals from other founders, which is why we take pride in keeping every promise we put in writing. In practice, if a document is missing or an approval is delayed on your Saudi Arabia file, we tell you immediately and explain the fix, rather than letting the application sit.
Book a call with GoldenKey and we will confirm your eligibility, your costs and your next steps for a Saudi Arabia company for Belgians in a single conversation.
Frequently asked questions
Do I need to travel to Saudi Arabia to incorporate?
Crucially, in most cases no. Incorporation is handled by our local partner under a power of attorney. Some banks in Saudi Arabia require a video or in-person meeting.
Can my UAE company own the Saudi Arabia company?
Yes. A UAE free zone or mainland company can be the shareholder, which is a common structure for groups operating in both markets.
How does Saudi Arabia compare with a UAE free zone?
Each serves different markets. GoldenKey typically recommends the UAE as the operating base and Saudi Arabia where you have customers, suppliers or treaty benefits there.
Can a Belgian citizen own 100% of a company in Saudi Arabia?
Yes. Belgians can own the full share capital of a Saudi Arabia company with no local partner, exactly like any other nationality.
Is there a double taxation agreement between Belgium and the UAE?
Yes, it can. The UAE and Belgium have a double taxation agreement, and a UAE tax residency certificate lets you claim treaty relief on qualifying income. GoldenKey can obtain the certificate once your company is established.
