Service Description
The service for issuing a commercial license with a Saudi partner is one of the investment license types provided by the Saudi Ministry of Investment. It targets foreign investors wishing to establish a commercial entity within the Kingdom in partnership with a Saudi national.
This license allows the establishment of companies engaged in various activities (commercial, service-based, industrial, etc.), benefiting from the presence of a local partner who helps facilitate market requirements and increase the chances of success.
Having a Saudi partner under this type of license grants the foreign investor greater flexibility and special advantages, such as facilitating certain government approvals, increasing access to local tenders and contracts, and easing engagement with both the public and private sectors.
To Be Determined
Service Cost
0.0 SAR
Government Fees
0
Service Duration
Required Documents
Required Documents
- Copies of commercial registrations of the participating entity in at least three regional or international markets, certified by the Saudi Embassy.
- Financial statements for the most recent fiscal year of the applicant company, certified by the Saudi Embassy.
- Articles of incorporation of the foreign parent company applying for the license, certified by the Saudi Embassy.
- Copies of ID cards for GCC partners or residency permits for resident partners.
- National Address certificate.
- Copy of the Saudi partner’s National ID.
- Copy of the foreign investor’s passport.
- Company incorporation contract specifying ownership percentages in accordance with the law.
- Capital determination according to the minimum allowed based on company type.
- Address and contact details for each partner.
- Official power of attorney if applying through a legal representative.
- Payment of statutory fees according to the approved amount and duration, if applicable.
- Contact details including email addresses, mobile numbers, and telephone numbers in the company’s home country.
- Any additional documents related to the nature of the business activity.
Terms
Terms & Conditions
- Verification that the investment activity meets all requirements and is not listed among activities prohibited for foreign investment.
- At least one Saudi partner must be included in the investment license.
- Ownership percentages must be defined in accordance with the Foreign Investment Law and permitted activities, provided that the Saudi partner’s share is not less than 25%, as per the minimum requirement based on the activity type.
(Holders of Premium Residency are exempt from this requirement.) - The company’s capital must not be less than SAR 27,000,000.
- Full compliance with Saudi commercial and investment laws and regulations.
- If any partner has previously been licensed by the Ministry of Investment, this must be disclosed when entering partner details during the application process.
- Submission of identification data (Saudi National ID / Premium Residency / Residency Permit), if applicable, or commercial registration details of participating Saudi companies during application submission.
- Payment of applicable government fees within the specified timeframe, if required.
- Availability of a National Address for the company.
- Opening a bank account within the Kingdom in accordance with Saudi banking regulations.
- Availability of all required data, such as:
Company, partner, and manager email addresses
- Absher-registered mobile numbers
- Phone numbers
- Specification of commercial activities
- IDs of partners and managers
- Company address (region, city, etc.)
