Tawaref series: Categorising Saudi setup partners by soft costs 

  • Date: 15-Apr-2024
  • Source: Wamda
  • Sector:Retail
  • Country:Saudi Arabia
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Tawaref series: Categorising Saudi setup partners by soft costs 

In Saudi Arabia, we often see foreign companies spend two to three months just shopping for service providers who can lead their incorporation process. The high costs quoted by such CSPs and law firms prompts them to search even more, hoping for a less expensive option. 

The total fee for Saudi landing consists of two portions. As discussed in our previous article, one is the hard costs, which are made up of government and non governmental fees (medical checkups, Iqama, administrative costs). These must be paid in any case to incorporate a company. The other is the setup partner (service provider) fee. We refer to these costs as soft costs, due to their malleable nature. 

Is there an average market price for setup services? Can we categorise setup providers into  different tiers of prices and quality of service? What are the pros and cons of each tier? Most importantly, what am I paying for? This article will attempt to answer these questions as well as many more on the soft costs behind Saudi landing. 

Note: All price dimensions mentioned in this article are based on current market conditions. For a more accurate and in-depth review contact Tawaref for a free consultation.

Saudi Setup Partner