WhatsApp quoteIn our experience, 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. 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. Put simply, payments between Hungary and the UAE are routine: the dirham is pegged to the dollar, Hungarian forint (HUF) transfers settle fast and UAE banks are familiar with Hungarian business profiles. In practice, the most common businesses Hungarians open through GoldenKey are in healthcare, IT services, engineering and food exports, although Saudi Arabia supports almost any activity.
Why Saudi Arabia
Documents for Saudi Arabia are collected and attested in the UAE where required, so you do not need to travel for incorporation. GoldenKey works with licensed corporate service providers in Saudi Arabia and remains your single point of contact throughout. GoldenKey has prepared Saudi Arabia files for Hungarian clients in healthcare, IT services, engineering and food exports, which means we know which Hungary documents need attestation and which can be submitted as plain copies.
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.
Step 2KYC and documents
You provide passports, proof of address and the information required by the Saudi Arabia registrar; GoldenKey prepares the forms. If the authority raises a query on a Saudi Arabia company for Hungarians at this stage, we handle it the same day.
Step 3Incorporation
Put simply, our Saudi Arabia partner files the incorporation and the registrar issues the certificate, in most cases within 4 to 8 weeks including MISA licence and commercial registration.
Step 4Banking and compliance
We introduce banks that accept Saudi Arabia companies and set up the annual filing calendar. Nothing is submitted for a Saudi Arabia company for Hungarians until you have reviewed and approved it.
Documents required
For a Saudi Arabia company for Hungarians the authority asks for the following documents, and we tell you exactly how each must be formatted.
- Bank reference
- A police clearance certificate from Hungary if the activity or the Golden Visa category requires it
- Passport copies
- Educational certificates attested by the Hungary authorities and the UAE embassy, for professional activities
- Proof of address
- A passport issued by Hungary with at least six months' validity
Pricing
Use the table below to compare packages for a Saudi Arabia company for Hungarians; we will confirm the exact total for your case in a written quotation. Pricing for a Saudi Arabia company for Hungarians depends on the package you choose; every option below includes GoldenKey's service and the government fees stated.
| 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 2026-10-07.
Why the UAE
Crucially, banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of a Saudi Arabia company for Hungarians predictable. To be clear, english is the working language of business, contracts are routinely drafted in English, and government portals are bilingual, which simplifies a Saudi Arabia company for Hungarians for international business owners.
Why GoldenKey
Our quotations for a Saudi Arabia company for Hungarians list every government fee and our service fee on one page, in writing, ahead of payment anything. Because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which papers each of them will ask for on a Saudi Arabia file. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with a Saudi Arabia company for Hungarians, 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 a Saudi Arabia company for Hungarians.
Frequently asked questions
How does Saudi Arabia compare with a UAE free zone?
Crucially, each serves different markets. GoldenKey in most cases recommends the UAE as the operating base and Saudi Arabia where you have customers, suppliers or treaty benefits there.
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?
From day one, 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 a Hungarian citizen own 100% of a company in Saudi Arabia?
Yes. Hungarians can own the full share capital of a Saudi Arabia company with no local partner, exactly like any other nationality.
How long does the process take for Hungarian applicants?
In practice, processing for Hungarians follows the same timeline as other nationalities. Documents from Hungary that need attestation are the main variable, and GoldenKey guides you through that step.
