Act Corporate Services Ksa - Company Formation, Pro Services, Hr Outsourcing in Riyadh, Saudi Arabia

ACT Corporate Services is a corporate services and business support provider that offers a range of administrative and operational services to firms that operate in Saudi Arabia. The company is geared towards helping multinational corporations, regional groups, SMEs and established organisations navigate the complexities of company formation, government relations, and workforce management plus other regulations in the Kingdom.

The company’s current regional presence is in Riyadh, Saudi Arabia, where it offers corporate services to clients in KSA. ACT Corporate Services describes its organisational offering as a collective of company formation, government relations, workforce and iqama management, VAT and ZATCA compliance, corporate documentation and compliance management. The firm counts over five years of corporate experience in the Kingdom, more than 150 corporate clients across the region, over 12,000 government transactions handled and a 97% timely submission rate.

Business Info

Company Name ACT Corporate Services

Business Type Corporate Services Provider

Industry Business Setup, Corporate Services and Compliance

Market Saudi Arabia

HQ Location Riyadh, Saudi Arabia

Service Coverage Saudi Arabia

Customers International firms, SMEs, regional groups, Saudi companies

Specialties Company Formation, PRO Services, HR Outsourcing, Government Relations and Compliance

Phone +966 54 039 5188

Email [email protected]

Consulting Hours Monday – Friday, 8 00 AM – 5 00 PM

Saudi Office Office 10, Building 13525, Prince Muhammad Ibn Saad Ibn Abdulaziz Road, Al Malqa, Riyadh 13525, Saudi Arabia

Company Formation

Company formation is among the primary services that ACT Corporate Services offers to firms that wish to operate in Saudi Arabia. The company provides end to end company formation support to businesses, including the steps involved in establishing a presence in the Kingdom.

The formation services cater to international companies that seek to enter the Kingdom, regional businesses that want to extend their presence in Saudi from the UAE, multinational corporations that want to designate the Kingdom as their regional headquarters and investors that need assistance with foreign ownership structure advice, among others. In addition to helping companies comply with the legal requirements of incorporation, the company also facilitates post Incorporation requirements such as ZATCA, GOSI, Qiwa and National Address registration, among others, to help clients transition from incorporation to fully fledged operations in the Kingdom.

PRO Services and Government Relations

Businesses in Saudi have to deal with a wide range of government agencies and digital platforms, and ACT Corporate Services offers PRO and government relations services that cater to a wide range of administrative requirements. The company’s PRO services offer end to end support for submission, renewals, amendments and general follow up to ensure seamless interactions with the relevant government agencies.

The services include CR renewals, licence renewals, visa processing, iqama submission and renewal, government approvals, establishment card processing, document preparation, quota applications and approvals, and general authority matters. Similarly, the company can assist with related digital platforms, including Qiwa, Muqeem and GOSI, to help firms manage employees’ records and stay on top of important submission deadlines.

HR, Workforce and Administration

ACT Corporate Services offers human resource and administration support services that help companies navigate various aspects of workforce management in Saudi Arabia. The company offers support services that cover employee onboarding, iqama submission and renewal, documentation, visa and quota management, Qiwa processing, GOSI registration and updates, Saudization records and Wage Protection System compliance.

This approach is particularly useful for multinational corporations that want to hire their first employees in the Kingdom, as well as companies that want to outsource certain administrative responsibilities instead of handling them directly in house.

VAT, Accounting and Corporate Documentation

In addition to company formation and PRO services, ACT Corporate Services offers VAT and accounting services to businesses that require end to end support with their financial needs. In terms of corporate documentation, the company offers support with the documentation process needed for various aspects of operations, including regulatory compliance, banking and commercial needs. By centralising documentation management and tracking submission deadlines, businesses can ensure they meet all government requirements with ease.

Compliance Focused Operating Model

One of the key aspects of ACT Corporate Services’ corporate services model is its emphasis on a compliance centric approach, as opposed to transactional processing. This means the company follows a systematic and institutionalised approach to submitting documents on behalf of clients, including defining the scope of work, internal submission verification, compliance tracking and report generation.

This approach helps to eliminate the risks of rejected submissions, expired documents and general miscommunication between different government platforms. According to the company, this model has enabled it to achieve a 97% timely submission rate, although this is a self reported metric and not an industry certified score.

Support for International Businesses

Saudi Arabia has become an important market for regional and international companies, but the process of establishing a presence in the Kingdom can be challenging, given the numerous government regulations that businesses must comply with. As such, ACT Corporate Services aims to position itself as an extension of finance, HR and operations teams by providing local administrative support services while clients focus on running their own businesses. As such, the company can be an attractive option for firms that want to enter the Kingdom as well as multinational corporations that already operate in the region but need additional administrative support.

Business Consulting & Market Support

In addition to the core administrative services, ACT Corporate Services offers consulting services that go beyond government requirements to help clients build their presence in the Kingdom. The firm has expanded its service portfolio to include marketing services that help clients build awareness of their products and services in the local market and beyond. As a result, the company offers a more comprehensive corporate services experience compared to a traditional PRO agency, as clients can rely on end to end support with government submissions as well as building their commercial presence in the region.

Pricing & Cost Estimation

Unlike many corporate services providers, ACT Corporate Services does not have a standardised fee schedule for its services, since costs vary depending on several factors, including the type of activity, ownership structure, licence requirements, number of employees and level of support needed.

For example, the cost of company formation can differ depending on the company’s setup and whether there are additional costs such as government approvals, licensing, registration, visa processing and other expenses. As such, it is best to contact the company directly to get an estimate of the costs based on the proposed business setup in Saudi Arabia.

Who ACT Corporate Services Can Help

ACT Corporate Services can help a wide range of firms, including

International companies looking to enter the Kingdom

UAE firms looking to expand their presence into KSA

Startups and SMEs that need assistance with setup

Regional business groups that need to set up companies in the Kingdom

Businesses that require MISA support

Companies that employ Saudi workers

Firms that need to outsource PRO and HR support

Organisations that need assistance with general compliance and documentation in Saudi Arabia

Finance and operations teams that need to manage government documentation and other requirements

Established local businesses that need administrative support

Reasons to Choose ACT Corporate Services

Perhaps the key advantage of ACT Corporate Services is its ability to provide end to end administrative support, ranging from company formation to PRO and government relations, workforce administration and compliance management. Unlike traditional corporate service providers that specialise in one area, ACT Corporate Services takes a holistic approach to helping businesses navigate the complexities of operating in Saudi Arabia. Instead of having to deal with different agencies to handle company formation, visa and iqama processing, PRO services, government submissions and renewals, businesses can rely on a single point of contact to help them comply with all aspects of government regulations. This allows companies to focus on their core commercial objectives while leaving the administrative aspects to ACT Corporate Services.