Entrepreneur License Requirements in Saudi Arabia

Service Description

The service is provided to business leaders who wish to establish emerging technical, innovative or distinguished
companies capable of expansion and growth to provide a better and different product or service in the Saudi market and
have supportive entities approved by the ministry of investment.

Service Documentations

1. The Board of Directors decision of their desire to get a license, stating the invention type, its sponsors and the powers
and 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. Obtain a letter of support from the supervising authority (Saudi universities or businessincubators) within the Kingdomincludes
the name of the project, the required activity, ownership data and contact information for the supervising authority

Service Rules and Restrictions

1. In case that one of the partners was previously licensed by Ministry of Investment, it must be clarified when filling in
the partners’ data while submitting the electronic application.

2. Authorized Saudi universities or business incubators shall approve the license applications.

3. If the applicant is a resident of the Kingdom, the Saudi sponsor should submit a letter of no objection.

4. The duration of the license is one year and is renewed annually for the first five years with the approval of the
supervising authority.

5. 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.