Navigate KSA with Dastak’s MAP!
Dastak introduces its new Market Access Program for tech companies to scale business and market in the MENAPT region. The program aims to help tech enthusiasts optimize their path for new international offices in more than one region across MENAPT. The thriving markets of KSA, UAE, Qatar, Egypt, Pakistan, and other MENAPT regions are the ideal markets for international expansion and Dastak’s MAP is your navigator for MENAPT ambition.
Explore KSA Market with Dastak
Now Is the Time to Set up Your Tech Venture in Saudi Arabia!
Plan an entry to the largest economy in the MENAPT driven by visions to excel, explore and exceed expectations! Align your goals and become part of KSA’s Vision 2030!
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Vision 2030
KSA’s socio-economic transformation, powered by Vision 2030, opens up new horizons of opportunities in diverse sectors and regions. These zones empower investors and entrepreneurs to establish, develop, and excel in their businesses in the Saudi market with assurance.
Business-Friendly Environment
Take advantage of the boom in the startup culture in KSA gaining worldwide recognition, owing greatly to policies made by the government. Vision 2030 is just one step in the right direction, with an increasing SME contribution to the GDP of KSA from 20% to 35%.
Fastest Growing Economy in the MENAPT
Saudi Arabia has become the fastest-growing economy in the MENAPT region. Being the largest free economic market in the region and being a key member of the GCC has proven to be one of the reasons for KSA becoming a melting pot for business setups from all over the world.
Largest Youth Population
KSA has the MENA region’s largest economy and population, with over 50% of the population being under 25. This vast pool of youth is a driver for innovation and progress and will be a huge customer base for emerging SMEs.
Our Diverse Clientele!
Fintech Companies
Logistics
Tech Companies
Sustainability-Tech Companies
Ed-Tech Companies
HR-Tech Companies
Services We Offer!
Forget the hassle of looking for multiple vendors for different services. Opt for our all-inclusive market expansion and market entry solutions!
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Product Market Fit Report
Ensure business success with our product-market fit report and stay informed of the target market’s requirements and challenges.
Company Registration
Enter KSA confidently by letting us get your company registered with the required legal authorities and ensuring all legal requirements are fulfilled.
Regulatory Filing
Obtain swift regulatory compliance for your business when you let us file regulatory documents and make sure your regulations are up-to-date and authorized.
HR as a Service
Free your company from the hassle of hiring an in-house HR team and opt for our HR as a Service. Let us take care of the local recruitment laws and source the best talent for you!
Admin as a Service
Focus all your energies on your core operations as we take the lead on tedious routine tasks for you, saving you time, energy and money.
Everything You Need Before Stepping Up in Market!
When setting up your business in KSA, Dastak consultants will help you at every stage to map a customised user journey for businesses that is both time-efficient and cost-effective. Kickstart your business, no matter what stage it is in, and lay the foundation for a solid market share.
Pre-Landing Stage
Guarantee market success with our pre-landing consultancy services including feasibility reports, internal assessment, market research and competition analysis.
Landing Stage
Let us make sure your company is compliant, registered, and incorporated according to the local laws. We also provide assistance in opening up local bank account in Saudi Arabia.
Post-Landing Stage
Avail our top-notch services including exclusive access to associations and synergies, making sure you make your place in a vast and thriving ecosystem.
How Dastak Accelerator Helps You In Stepping Up
Our market strategy ensures your timely and strong market presence in just four effortless steps.
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Validation
The process begins with defining user benefits, problem-solving, market sizing, TAM, SAM, SOM metrics, risk assessment, user journey, prototype, and business model canvas creation.
Valuation
You need a comprehensive analysis of your business model, strategic plan review, along with an product-market fit, customer acquisition, competition, technology risks, and impact alignment.
Vikings
Let us assess your team credentials, existing skill matrix, and competency gaps to create a targeted talent sourcing plan. Benchmark talent costs and mitigate team buildup risks.
Velocity
You need a strategic alignment with corporate investors, an assessment of scale-up risks, an exploration of asset-sharing, syndicate investing, and optimization of capital structures.
What Makes Us Stand Out?
Swift Setup
Experience swift business setup and expansion in KSA with our streamlined services, ensuring rapid entry and accelerated growth for your ventures.
Seamless Experience
Enjoy a seamless experience tailored to address your specific challenges, providing customised solutions for effortless business setup and expansion in KSA.
All-Inclusive Services
Boost your journey with our comprehensive, all-inclusive solutions, eliminating the need for any other service provider.
Customized Strategies
Jumpstart your business setup with tailor-made strategies designed to suit your business needs and drive unparalleled success and growth.
International Outreach
Ensure seamless expansion and success on a global scale with our services extending across the entire MENAPT region, showcasing our international outreach and commitment.
Completely Compliant
Navigate complex local regulations effortlessly, ensuring your business expansion aligns perfectly with the market you’re entering.
Frequently Asked Question (FAQs)
Business setup in KSA has many benefits including 100% foreign ownership, and low tax rates. KSA is also the largest economy in the entire MENAPT region, boasting the largest pool of youth and the highest number of opportunities for growth. Saudi Vision 2030 is another major advancement that has led to KSA becoming a hotbed for emerging MSMEs.
Foreigners can apply to set up a business in Saudi Arabia and have 100% ownership in accordance with the Ministry of Investment of Saudi Arabia (MISA). However, certain business activities may require you to have a Saudi national as a partner or sponsor.
The company registration fee in Saudi Arabia for LLCs and JSC is SAR 1,200 and 1,600 respectively and it takes only one day to process it.
Commercial registration for businesses in KSA takes up to 3 to 4 weeks but the complete establishment with the GM Iqama will be complete in 3 months.
Saudization is a law which forces companies to hire a number of Saudi Nationals depending on the sector and size of the company. According to the law, the first hire (after the General Manager) must be a Saudi National.
