Idea and Classification Company for Business Services (فكرة وتصنيف لخدمات الأعمال)

About Idea and Classification Company for Business Services (فكرة وتصنيف لخدمات الأعمال)

Founded in 2020 and based in Dammam with a second office in Riyadh, Idea and Classification Company for Business Services handles the administrative side of running a business in the Kingdom. A dedicated investor section explains the route for foreign investors to set up a company or a branch of a foreign company, from the investment licence and the certified parent-company documents to the commercial register and the company contracts, and the firm states it handles mixed and foreign companies and Ministry of Investment services. Beyond formation it registers businesses with the tax authority, files periodic VAT and zakat returns, issues the related certificates, manages labour-platform, social insurance and wage protection obligations, processes residency and visa paperwork, and registers trademarks. Published annual package prices cover payroll and wage protection by headcount. The site is available in English and Arabic.

Services

Company registration and establishment, including foreign company and branch set-up with investment licence and commercial register. Zakat and tax registration, VAT registration, quarterly and estimated zakat returns, and tax certificates. Labour platform contracts, work permits, residency and visa services, social insurance and wage protection. Municipal licences, trademark registration, ISO certification support and e-service management. Support also covers Qiwa contract tracking, wage file uploads and branch account management for social insurance.

• ✓ Company formation: offered
• ✕ Accounting and bookkeeping: not listed
• ✓ Tax compliance: offered
• ✓ VAT: offered
• ✓ Payroll: offered
• ✕ Audit: not listed
• ✕ Bank account assistance: not listed
• ✓ Residency and visas: offered
• ✕ Corporate secretarial: not listed
• ✕ Virtual office: not listed

Published prices

• Wage protection and payroll service packages from SAR 5,500 per year

As published by the firm. Prices change; the firm's quote is what counts.