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Crypto & Blockchain in Saudi Arabia

Blockchain development, Web3 consultancy and, with VARA or ADGM licensing, virtual asset services

Many of our customers add a Saudi Arabia entity to their UAE structure because many clients set up a UAE company first and use it as the parent for their Saudi entity. 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. Just as important, typical examples of this activity include blockchain development, Web3 consultancy, NFT platform and mining hardware trading, which can generally sit together on one Saudi Arabia licence. Crypto & Blockchain in Saudi Arabia means blockchain development, Web3 consultancy and, with VARA or ADGM licensing, virtual asset services, and it is licensed as a professional activity.

Why Saudi Arabia

As we tell every client, requirements for a Saudi Arabia company are MISA investment licence, attested parent-company supporting documents (usually a UAE or home-country entity with one year of financials) and commercial registration and Chamber membership. GoldenKey works with licensed corporate service providers in Saudi Arabia and remains your single point of contact throughout. GoldenKey has licensed crypto & blockchain in Saudi Arabia for clients ranging from solo business owners to groups opening a regional branch, so we know which sub-activities to list.

How Saudi Arabia works with GoldenKey

  1. Step 1: Structure and name check
    Step 1

    Structure and name check

    To be clear, we confirm the activity, shareholders and name availability with the Ministry of Investment (MISA) and Ministry of Commerce. Expect clear updates from your GoldenKey consultant while this step runs for crypto & blockchain in Saudi Arabia.

  2. Step 2: KYC and documents
    Step 2

    KYC and documents

    You provide passports, address proof and the information the Saudi Arabia registrar requires; GoldenKey prepares the forms.

  3. Step 3: Incorporation
    Step 3

    Incorporation

    Our Saudi Arabia partner files the incorporation and the registrar issues the certificate, usually within 4 to 8 weeks including MISA licence and commercial registration. For crypto & blockchain in Saudi Arabia this step rarely needs your presence; scans and e-signatures are enough.

  4. Step 4: Banking and compliance
    Step 4

    Banking and compliance

    On the ground, we introduce banks that accept Saudi Arabia companies and set up the annual filing calendar.

Documents required

For crypto & blockchain in Saudi Arabia the authority asks for the following documents, and we tell you exactly how each must be formatted.

  • Business plan
  • Passport copies
  • Proof of address
  • Bank reference
  • Business description

Pricing

Pricing for crypto & blockchain in Saudi Arabia depends on the package you choose; every option below includes GoldenKey's service and the government fees stated. Use the table below to compare packages for crypto & blockchain in Saudi Arabia; we will confirm the exact total for your case in a written quotation.

Saudi Arabia Company Formation
GoldenKey service feeAED 15,000
Official fees (approx.)AED 5,000
Approximate totalAED 20,000

Fees in AED; MISA fees collected in SAR

Request this service

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-07.

Why the UAE

For most clients, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of crypto & blockchain in Saudi Arabia predictable. Just as important, residence visas for owners and families come with the company, which makes crypto & blockchain in Saudi Arabia a route to relocation as well as a business decision.

Why GoldenKey

GoldenKey's consultants have handled crypto & blockchain in Saudi Arabia for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for crypto & blockchain in Saudi Arabia happen the same day they are ready. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with crypto & blockchain in Saudi Arabia, so the paperwork, approvals and timing hold no surprises for us.

Prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss crypto & blockchain in Saudi Arabia.

Frequently asked questions

What are the annual obligations for a Saudi Arabia company?

Annual returns, accounts and tax filings vary by jurisdiction; GoldenKey provides a compliance calendar and local accounting support.

Do I need to travel to Saudi Arabia to incorporate?

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.

Is crypto & blockchain allowed in Saudi Arabia?

Crypto & Blockchain can be carried out through a Limited Liability Company under a MISA foreign investment licence in Saudi Arabia, subject to any sector licensing there. {brand} confirms the activity classification with our Saudi Arabia partner before incorporation.

What approvals does crypto & blockchain need?

VARA (Dubai), FSRA (ADGM) or SCA for regulated virtual-asset activity. GoldenKey obtains these as part of the setup.

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