Tech Startup: US to Saudi Arabia
Challenge: A Silicon Valley startup needed rapid Saudi market entry for Government contracts, with a tight 60-day deadline.
Timeline: Week 1 to 2: MISA foreign investment licence filed. Week 2 to 4: Commercial Registration (CR) via Ministry of Commerce portal. Week 3 to 5: ZATCA tax registration and bank KYC pack. Week 4 to 7: Qiwa establishment file and GM residency. Operational at day 52.
What stalled: MISA requested additional shareholder documentation on week 2. The bank wanted a clearer business plan before opening the corporate account.
What we handled:
- Fast-track MISA licence application and portal follow-up
- Parallel CR and banking setup on Ministry of Commerce and bank portals
- Nominee GM service for compliance and Qiwa signatory access
- GRO support for MISA, ZATCA and Qiwa portal management
Results: Company operational in 52 days; won a SAR 2M Government contract in month 2.
“Incorporated made Saudi entry seamless. We hit our deadline and could focus on delivery.”