Arabian Business Innovation Services Co. Ltd (Innovation-sa)

About Arabian Business Innovation Services Co. Ltd (Innovation-sa)

Based in Riyadh, this firm calls itself a one-stop shop of administrative and business support services for international companies entering Saudi Arabia, and states more than 20 years of industry experience. Its audience is foreign entrepreneurs, small and medium businesses and multinationals, and it names banking and finance, IT, defence and oil and gas among the sectors it serves. The core offer is market-entry setup: advice on the legal form, trade name reservation, drafting of articles of association, investment licence applications, commercial registration, tax and social insurance registrations and corporate bank account opening. Around this sit ongoing accounting, bookkeeping and payroll under IFRS, government-relations (PRO) work, immigration services, employer-of-record arrangements, recruitment and serviced offices. The site states that services are available in Riyadh, Jeddah and Dammam and refers to a wider network that includes the UAE and the UK. The website is provided in English only.

Services

Setup services cover LLCs, partnerships and wholly foreign-owned entities, from investment licence and commercial registration through to registration with the tax authority and social insurance. Accounting support includes bookkeeping, payroll, social insurance administration and financial statements prepared under IFRS. Government-relations staff handle licence issuance and renewal, activity amendments and Saudization compliance. Immigration support covers work, residence and family visas. Other offerings include employer-of-record, legal translation, serviced offices, recruitment and relocation assistance, plus ongoing compliance monitoring after incorporation.

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