Since the 2021 commercial reforms, foreign founders can own 100% of a Saudi company across the vast majority of activity codes — no Saudi partner required. The MISA investor license is the mechanism. We audit your specific activity, flag any carve-outs (oil exploration, certain retail subsectors, defense), and structure the entity to capture full ownership rights.
No carve-outs. If it appears below, it's in the fee.
Match your business model to specific NACE/MISA activity codes.
Flag any restrictions or exclusions before commitment.
MISA + LLC formation under 100% foreign ownership.
The list shrinks every year. Currently restricted: oil exploration (KSA Aramco-only), certain retail subsectors (some require Saudi partner), defense/military, security services, some healthcare specialties (require physician majority). The vast majority of business activities — consulting, tech, manufacturing, F&B, real estate development, professional services — are fully open.
Correct, for eligible activities. The MISA investor license replaces the old sponsor-required system. You own 100% of shares, you have full operational control, you can repatriate profits subject to standard withholding rules.
Yes. Single-shareholder LLCs are explicitly allowed under Saudi corporate law. Most foreign founders we serve are single-owners or 2-3 partner foreign teams.
UAE freezone gives 100% ownership but restricts you to certain geographic zones. KSA's 100% ownership applies to mainland operations — you can sell anywhere in the Kingdom, contract with government, hire freely. Functionally stronger than UAE freezone, comparable to UAE mainland post-2021 reforms.
Updated annually by MISA. The trend has been expansion (more activities open up) not contraction. Stable enough that long-term setup planning is reliable.