Start Your Agriculture Business in Saudi Arabia with Al Taasis
- Overview
- Is Agriculture a Profitable Business in Saudi Arabia?
- Top Agricultural Exports of Saudi Arabia
- Setting up an Agriculture Business in Saudi Arabia
- Legal Requirements for Setting up an Agriculture Business
- Staff Recruitment
- Tips to Successfully Run Agriculture Business
- Al Taasis is Your Forever Business Partner
Overview
Agriculture in Saudi Arabia has traditionally been focused on self-sufficiency in food production and has recently shifted towards increased commercialization and export.
Major crops include wheat, barley, dates, alfalfa, and fruits. The country also has a significant livestock industry for dairy, meat, and poultry production.
The government has implemented various initiatives to modernize and diversify the agriculture sector, including investment in irrigation systems and research and development. The agriculture sector contributes to the country’s economy and employment.
Is Agriculture a Profitable Business in Saudi Arabia?
Agriculture can be a profitable business in Saudi Arabia due to several factors, such as:
Growing Population and Increasing Demand for Food
With population growth, the demand for food is increasing, creating a huge agricultural business market.
High Demand for Export
Saudi Arabia has a high demand for its agricultural products in the international market, providing ample export opportunities.
Favourable Climate Conditions
Some regions in Saudi Arabia have a favourable climate for growing various crops, making agriculture a profitable venture.
Government Support
The government provides various initiatives and subsidies to encourage the development of the agriculture sector.
Investment Opportunities
There are many investment opportunities in agriculture, such as modernizing irrigation systems, investing in technology and research, and more.
Top Agricultural Exports of Saudi Arabia
- Dates
- Flowers
- Poultry and Livestock
- Fruits and Vegetables
- Grains and Cereals
- Dairy products
- Herbs and Spices
- Fish and Seafood
Setting up an Agriculture Business in Saudi Arabia
Partner with Al Taasis
Al Taasis provides honest advice on choosing a suitable business structure and guides you through the complete business setup process. We help you get your license fast and push your business towards growth.
Market Research
Conduct thorough market research to understand the demand for different agriculture products and determine the viability of starting an agriculture business in the region.
Decide on the Business Structure
Al Taasis helps you decide the right business structure for your agriculture business.
Choose the Type of Business Activity
Before you can apply for an agriculture license in Saudi Arabia, you will need to determine the type of agriculture business activity you plan to conduct.
Choose the Suitable Crops
Based on market demand and local conditions, choose suitable crops to grow. This includes determining what crops or livestock you will be raising and the size and scope of your operation. The most popular crops in Saudi Arabia are dates, vegetables, fruits, and cereals.
Choose the Right Location
Identify an appropriate location for the agriculture business, considering soil quality, water availability, and market accessibility.
Legal Requirements for Setting up an Agriculture Business in Saudi Arabia
After getting advice from Al Taasis and deciding on your business’s legal structure, crops and location, we will take you through the following steps.
- Obtaining an Investment license from the Ministry of Investment Saudi Arabia (MISA)
- Obtaining commercial registry from the Ministry of Commerce and Investment Saudi Arabia (MCI)
- Obtaining the MEWA license from the Ministry of Environment, Water and Agriculture (MEWA)
- Obtaining a site license from the Ministry of Municipal and Rural Affairs (MOMRA)
- Approvals, licenses and permits from government entities
- Corporate bank account setup
Al Taasis helps you acquire necessary permits and certifications, such as food safety and import/export licenses. We ensure that your agricultural activities comply with the Kingdom’s laws and regulations and environmental regulations, such as those related to water usage, waste management and land use. We help you comply with Saudi labour laws and relevant regulations regarding importing, producing, and selling agricultural products, such as phytosanitary regulations.
Staff Recruitment
Implementing Saudization in the agriculture business in Saudi Arabia involves working with a company to manage local employees’ recruitment, hiring, and management while ensuring compliance with the Saudi Arabian government’s regulations and laws regarding local workforce participation.
Choosing a reputable and experienced company is essential to ensure successful employee management.
Al Taasis helps you hire skilled labour to manage the agriculture business, including farmers, agronomists, and technical support staff.
Our process typically starts with identifying your business’ specific staffing needs and determining the types of positions that need to be filled. Then, Al Taasis can assist with sourcing employees, handling onboarding and payroll and WPS management.
Outsource your employee management to Al Taasis.
Tips to Successfully Run Your Agricultural Business in Saudi Arabia
Implement Modern Techniques
Implement modern techniques to maximize production and reduce costs, such as precision agriculture, hydroponics, and sustainable farming methods.
Monitor and Evaluate Performance
Regularly monitor and evaluate the performance of the agriculture business to identify areas of improvement and to ensure profitability.
Establish Partnerships
Establish partnerships with suppliers, distributors, and retailers to ensure a smooth supply chain.
Al Taasis is Your Forever Business Partner
We assist you with the entire agriculture business setup process and extend our services for your continued growth.
Contact us to know more about the prerequisites of your business journey.
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