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Types of Business Licenses Offered by the Ministry of Investment Saudi Arabia (MISA) to Foreign Investors You want to expand your business into the Kingdom of Saudi Arabia, but you know nothing about the procedures. Don’t worry! The business setup in Saudi Arabia is not a hard nut to crack. All you need is proper guidance about the available license options. We will provide you with detailed information through this blog. Move forward to the next step with Al Taasis. Foreign Direct Investment on the Rise in Saudi Arabia Foreign investment is at its peak in Saudi Arabia, reaching a historical high in Q1 2022 with a record-breaking number of new licenses. Saudi Arabia marks the seventh consecutive quarterly rise, the first quarter witnessing 9,383 new foreign investment licenses. The Number of Newly Issued Foreign Investment Licenses (quarterly) 9383, new licenses issued in Q1 2022 (total) 19x increase compared to Q1 2021 350% quarterly increase in licenses Get an Investor License in Saudi Arabia The Ministry of Investment caters to local and international investors equally with the same rights and obligations. The Ministry of Investment, along with the Ministry of Foreign Affairs and the Ministry of Commerce, has accelerated the issuing of investment licenses as per international best practices. List of Business Licenses Offered by MISA   Services License       Industrial License       Real Estate License       Commercial License       Transport License       Consulting License       Entrepreneur License       Agricultural License       Mining License       Regional Headquarters License       Audiovisual Media License       License for Scientific and Technical Office       Printing and Publishing License     Professional License with Shareholder   License for Serving Agents and Providing Workers Services   Services License A service activity license covers the following activities: Constructions Administrative Investment Information Technology Tourism Training Health Insurance and Re-Insurance Education Advertising and Media Logistic Services Organising Exhibitions Catering and Food Services Financial Services Aviation and Handling Services Required Documents 1. You will provide these: a) A copy of the commercial registration of the shareholding partner certified by the Saudi Embassy. b) A copy of the national identity, if one of the partners is a natural person holding the nationality of one of the GCC countries (in case his data is not registered in the ABSHAR system). 2. You will provide the foreign company’s financial statements for the last financial year certified by the Saudi Embassy. Rules and Restrictions 1. There should be consistency between the total percentage of the Saudi shareholder(s) and the capital as per the financial limits stated for the type of activity. 2. Premium residence holders have an exemption for the above documents. 3. If one of the partners was previously licensed by the Ministry of Investment, it must be mentioned in the partners’ data while filling out the electronic application. 4. The applicant must enter the data of the Saudi national identity / Premium residence/residence if one of the partners holds any of them or the commercial registration data for the participating Saudi companies while filling out the electronic application. 5. In case the license is a health activity, the following shall be required: – The legal entity must be a company. – The health facility must have accreditation from a recognised health organisation. – Have at least three years of experience in the country of the establishment. Industrial License You can get industrial licenses for heavy and light industries and transformative industries. Required Documents 1. You will provide these: a) A copy of the commercial registration of the shareholding partner certified by the Saudi Embassy. b) A copy of the national identity if one of the partners is a natural person holding the nationality of one of the GCC countries (in case his data is not registered in the ABSHAR system). 2. You will provide the foreign company’s financial statements for the last financial year certified by the Saudi Embassy Rules and Restrictions 1. If one of the partners was previously licensed by the Ministry of Investment, it must be mentioned in the partners’ data while filling out the electronic application. 2. Premium residence holders have an exemption from providing the above documents. 3. The applicant must enter the data of the Saudi national identity / Premium residence/residence if one of the partners holds any of them or the commercial registration data for the participating Saudi companies during the electronic application submission. 4. The licensee must rehearse the Ministry of Industry and Mineral Resources to obtain an industrial license and the General Presidency of Meteorology and Environmental Protection to acquire an environmental approval. License for a Scientific and Technical Office This license is for the foreign companies that distribute their company products through Saudi agents across the Kingdom and intend to open an office for providing scientific and technical services to agents, distributors and consumers of their products. Required Documents You will provide: 1. A copy of the commercial register of the participating entity authenticated by the Saudi Embassy. 2. A copy of the agency authorising the agent or distributor. Rules and Restrictions 1. The scientific and technical office will be required to conduct market feasibility studies on the company’s activity and prepare reports for the main centre. An annual summary of its activities must be submitted to the Ministry of Investment. 2. The office is prohibited from performing any contracts, commercial activities, or investments in the Kingdom directly or indirectly. It is also prohibited from charging fees for training Saudi technicians. Real Estate License This license is provided to foreign companies in the property field if: The total cost of the project, including both land and construction, is not less than 30 million Saudi riyals. The investment is established outside the cities of Mecca and Medina. Required Documents 1. You will provide these: a) A copy of the commercial registration of the shareholding partner certified by the

Visa Types in Saudi Arabia Saudi government offers various types of visas: Tourist Visa, Business Visit Visa, Residence Visa, Employment Visa, Premium Residency Visa, Newborn Visa, Family Visit Visa, Companion Visa, Personal Visit Visa, Hajj and Umrah Visa and Student Visa. Visit, Live and Work in Saudi Arabia. Saudi eVisa Saudi Arabia has introduced a new tourist e-Visa that citizens of 49 eligible countries can get through an online portal. The e-Visa will be a one-year, multiple entry visa that will allow the tourists to stay up to 90 days in Saudi Arabia. It is issued for tourism-related activities and Umrah but does not include the Hajj season. Saudi Business Visit Visa We can assist you with a Saudi Business Visa that allows you to visit Saudi Arabia for a short period for business meetings, discussions, business deals and training events. You can stay up to a maximum of 30 or 90 days during each visit depending on your visa validity. The Saudi government will decide whether you should get a single or multi-entry visa. 3-month single entry Saudi Visa 6-month and 12-month multiple entry Saudi Visa Saudi Family Visit Visa We can support you in getting a family visit visa if you are planning to visit your family or relatives in Saudi Arabia. Only a legal Saudi Iqama holder can apply for the family visit visa on behalf of the visitor. The Iqama holder must initiate the MOFA family visit visa application process in Saudi Arabia. The Iqama should have a 4-month validity. Only the immediate family members are eligible to get a family visit visa under the Ministry of Foreign Affairs (MOFA): Parents Husband or wife Children Father-in-law and mother-in-law Brothers or sisters and their families Saudi Tourist Visa We assist you with Saudi Tourist Visa if you want to do tourism-related activities or perform Umrah. You can obtain a multiple-entry visa, allowing you to stay in Saudi Arabia for up to 90 days, and it will be valid for a year. Saudi Residence Visa We facilitate you to get your Saudi Residence Visa quickly. This visa allows you to reside in Saudi Arabia without sponsorship, sponsor residence and visit visas for your family and hire workers from abroad. You have two options: Permanent residency Renewable temporary residency Saudi Work (Employment) Visa We help you get your work visa if you aspire to work full-time in Saudi Arabia. You must have a job offer and be able to provide the contract of employment, official invitations, and medical information. The Saudi Arabian government has set strict guidelines regarding immigration and labour policies. A local employer must act as a sponsor and apply for the Iqama and work permit on behalf of the worker. It supports the foreigner and gives him credibility since a local employer vouches for the applicant. Iqama We assist you in getting Iqama, your official identification document as a foreigner in Saudi Arabia. With this ID document, you can sign rental agreements, enter government buildings, and even get your first Saudi SIM card for communication. You must apply for your Iqama within 90 days after entering the Kingdom. Visa Exempt Countries If you are a citizen of Bahrain, Kuwait, Oman or the United Arab Emirates, you can enter the Kingdom of Saudi Arabia without a visa. You are only required to bring your national identity card. Al Taasis is Your Trusted Visa Partner. We boast the unrivalled capability to help you obtain business and other travel visas quickly, conveniently, and securely. We make your entry into the Kingdom of Saudi Arabia smooth and stress-free. Contact us for further information. Contact Us! Subscribe to Our Newsletter! Enter your email to receive our monthly newsletter. Email(Required) Edit Template Popular Articles Opening Digital Business Account with Wio Bank Saudi Arabia’s Economic Cities KSA, an Irresistible Attraction for Tourists Government Entities and Online Portals Dealing with Import and Selling in Saudi Arabia: SFDA, SASO, SABER and FASAH Business Licenses Offered by MISA to Foreign Investors Visa Types in Saudi Arabia No posts found Edit Template