Understanding Legal Structures: Before diving into the business setup process, familiarize yourself with the various legal structures available for company formation in Saudi Arabia. Whether you opt for a Limited Liability Company (LLC), Joint Stock Company, or branch office, each structure has its own set of regulations and implications. 2. Choosing the Right Business Activity: Saudi Arabia encourages diversification across industries. Define your business activities clearly, ensuring alignment with local regulations. This step is crucial for obtaining the necessary licenses and permissions for your business setup. 3. Meeting Capital Requirements: Depending on the chosen legal structure, there are minimum capital requirements for company formation. Ensure you have a clear understanding of these financial commitments and plan accordingly.