top of page

Blog Post

Take the First Step with Confidence

  • Writer: Takweid agency
    Takweid agency
  • May 25, 2024
  • 2 min read

Updated: May 25, 2024





Investing in Saudi Arabia is a lucrative opportunity, but understanding the process is crucial for a successful start. This guide will walk you through the necessary steps and documents required to obtain an investment license in Saudi Arabia.


Required Documents for Your Investment License


Before you begin, ensure you have the following documents ready:


  1. Commercial Registration: A copy of your entity's commercial registration from your home country, authenticated by a Saudi Embassy.

  2. Financial Statements: Financial statements for the last year, prepared by an internationally acclaimed legal office and authenticated by a Saudi Embassy.


Depending on your specific business activity, additional documents may be required:


  1. Audiovisual Media License

  2. Consulting License for Engineering Offices

  3. Consulting License for Technical & Economic Communication Offices

  4. Entrepreneur License

  5. License for a Scientific and Technical Office

  6. License for Serving Agents and Providing Workers Services

  7. Printing & Publishing License

  8. Professional License with Saudi Shareholder

  9. Transport License

  10. Real Estate License

  11. Agricultural License

  12. Services License

  13. Commercial License

  14. Industrial License


Understanding and gathering these documents in advance can streamline your application process.


Phases of the Investment Journey


Phase 1: Issuance of Investment License

  • What You Need: Authenticated commercial registration and financial statements.

  • Process: Submit the prepared documents to the Ministry of Investment for review and approval. This phase is crucial as it grants you the legal authorization to start your business activities in Saudi Arabia.


Phase 2: Documentation of Memorandum of Association (MoA)

  • What You Need: Decision to open a branch in Saudi Arabia (for foreign companies).

  • Process: Draft and document your MoA, ensuring it complies with local regulations. This document outlines the structure and purpose of your business entity.


Phase 3: Issuance of Commercial Registration

  • What You Need: MoA, decision of the Board of Directors, proof of ID for owners and general director.

  • Process: Apply for commercial registration with the Ministry of Commerce and Industry. This step legally registers your business in Saudi Arabia.


Phase 4: Opening Files with Relevant Government Entities

  • What You Need: Files with the General Authority of Zakat and Tax, Ministry of Labor and Social Development, and General Organization for Social Insurance.

  • Process: Register your business with these entities to comply with tax, labor, and social insurance requirements. This ensures your business operations are in full compliance with Saudi regulations.


Phase 5: Issuance of General Director's Visa

  • What You Need: Appointment letter for the general director and proof of ID.

  • Process: Apply for the general director’s visa through the Ministry of Human Resources and Social Development. This visa is essential for the legal operation of your business’s leadership team in Saudi Arabia.


Ready to Get Started?


To help us assist you better, please provide a written proposal of your investment scenario or the specific plan you wish to follow. This can be detailed in the form of a service request, outlining your objectives, requirements, and any particular areas where you need support.

By sharing your detailed plan, we can tailor our services to meet your unique needs and ensure a smooth investment process, or we may create one for you based on your goals.





 
 
bottom of page