Crucially, many of our clients 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. As a rule, 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. Norwegians are a community concentrated in energy, maritime and seafood trading, so the Saudi Arabia authority, the banks and the immigration officers see Norwegian applications every day and process them without hesitation. The most common businesses Norwegians open through GoldenKey are in oil and gas services, maritime, seafood exports and renewable energy, although Saudi Arabia supports almost any activity.
Why Saudi Arabia
As a rule, reasons business owners choose Saudi Arabia include the largest economy in the arab world, vision 2030 projects worth trillions, regional headquarters programme and a uae entity makes the saudi application easier. To be clear, requirements for a Saudi Arabia company are MISA investment licence, attested parent-company documents (generally a UAE or home-country entity with one year of financials) and commercial registration and Chamber membership. Norwegian applicants benefit from the fact that Saudi Arabia already has many Norwegian shareholders on its register, so its officers recognise Norway documents and name formats instantly.
How Saudi Arabia works with GoldenKey
Step 1Structure and name check
We confirm the activity, shareholders and name availability with the Ministry of Investment (MISA) and Ministry of Commerce. For a Saudi Arabia company for Norwegians this step rarely needs your presence; scans and e-signatures are enough.
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
In our experience, 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 Norwegians this step rarely needs your presence; scans and e-signatures are enough.
Step 4Banking and compliance
We introduce banks that accept Saudi Arabia companies and set up the annual filing calendar.
Documents required
For a Saudi Arabia company for Norwegians the licensing authority asks for the following documents, and we tell you exactly how each must be formatted.
- Proof of address
- A bank statement from your Norway bank for the last three months, which banks use to understand your profile
- Bank reference
- A police clearance certificate from Norway if the activity or the Golden Visa category requires it
- Educational certificates attested by the Norway authorities and the UAE embassy, for professional activities
- Passport copies
Pricing
All prices for a Saudi Arabia company for Norwegians are indicative, shown in AED and confirmed in writing before any payment. Use the table below to compare packages for a Saudi Arabia company for Norwegians; we will confirm the exact total for your case in a written quotation.
| 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
Day to day, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so a Saudi Arabia company for Norwegians no longer requires a local partner. There are no restrictions on repatriating profits or capital, so earnings from a Saudi Arabia company for Norwegians can be moved to your home country or reinvested freely.
Why GoldenKey
GoldenKey's consultants have handled a Saudi Arabia company for Norwegians for traders, consultants, tech business owners and family offices, which gives us a realistic view of what each authority approves quickly. 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. GoldenKey is based in Ajman Free Zone and has helped founders from more than 60 countries with a Saudi Arabia company for Norwegians, 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 Norwegians.
Frequently asked questions
How does Saudi Arabia compare with a UAE free zone?
As we tell every client, 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 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.
What are the annual obligations for a Saudi Arabia company?
Day to day, annual returns, accounts and tax filings vary by jurisdiction; GoldenKey provides a compliance calendar and local accounting support.
Do Norwegians need a UAE visa before applying for Saudi Arabia?
Not in that case. You can apply for the licence from Norway with scanned documents, and the investor residence visa is handled afterwards.
Can a Norwegian citizen own 100% of a company in Saudi Arabia?
Yes. Norwegians can own the full share capital of a Saudi Arabia company with no local partner, exactly like any other nationality.


