Overview: Saudi Arabia is a world’s fastest-growing economies during last few years, and they committed to encourage the business investment in Kingdom of Saudi Arabia, and they welcomes foreign investor by Foreign Investment Licence through foreign investor Visa Program to growth Saudi environmental economic expansion,
Since 2022 They Lunched the Regional Head Quarters (RHQ) program to invite the foreign companies to relocate their RHQ in to Saudi Arabia. This program also announced that governmental agencies and public entities would not contract with any company, who’s don’t have RHQ in The Kingdom of Saudi Arabia. and currently they imposes a 20% of corporate income tax on profits The Kingdom currently imposes a 20% corporate income tax on profits. and They undertaken several mega and giga projects to Reduce their reliance on oil and gas Revenues,
in This Article we’ll Talk all About How to get your Foreign investment Licence in Kingdom of Saudi Arabia, with well known the Investment Requirements, Different types of licences, how much you Should Invest to get Foreign investment Visa and a Investor Residency, and the suitable routes to start your investment journey in Saudi Arabia
Saudi Investment Law, Requirements for investment Visa and Investment License Types
The Saudi Foreign investment Law (FIL Of MISA) Regulates investment and setout the rules, Regulations for investors to carry businesses in Kingdom of Saudi Arabia, and They may obtain more than one license for different activities inside of Saudi Arabia, with the necessary requirements specified in the Saudi law’s implementation regulations PDF,
The Foreign Investments Law of Saudi Arabia PDF reader Attached here,
PDF Source MISA Government Saudi Arabia.
How Many Types of Investment licences are here in Saudi Arabia?
There’re in Saudi Arabia You May Obtain 9 Types of Investment Licenses to get a Investor Visa and Investor residency Permit, it’s Depending on your Decision on Different Investment Activities inside kingdom of Saudi Arabia, You Can Choose To invest in one or Multiple of the Below listed 9 Investment Licencable Business to get Investor visa In Saudi Arabia and Growth Your Business.
- Service Providing Investment License: This Type of investment Licence May Applicable for Construction Licence, administrative investment, information technology, health, insurance and re-insurance, education, tourism, training, advertising & media, logistic services, organizing exhibitions, catering & food services, financial services, and aviation, etc services investment Licences,
- Trading Investment License: This Type of Investment Licence Applicable for wholesale, retail trade, e-commerce, and non-store auctions investment,
- Agricultural Investment License: This Type of Investment licence applicable for crop production, farming, and cultivation
- Professional Investment License: This type of Investment licence applicable for Professional investors, who be able to service in accounting, legal services, translation, consultancy, and real estate valuation.
- RHQ Investment License: it’s for the activities of headquarters investors.
- Real Estate Investment License: which can Earn You Premium residency Of Saudi Arabia, this type of investment licence applicable for buying, selling, and subdividing of land and real estate, and the management and leasing of real estate,
- Mining License: this type of investment licence applicable for establishments that wish to practice mining activities.
- Scientific/Technical Investment License: this type of investment Activities for the scientific offices of pharmaceuticals, and legal representation of medical products and device manufacturers.
- Industrial License: for mining activities, coal mining and mining of non-ferrous metal ores-aluminum, copper, lead etc industrial Activities Require to Get an Industrial Investment licence.
Documents that are required to obtain an investment license and Investor visa in Saudi Arabia
- A copy of the commercial registration of the entity in the country of origin, authenticated by the Saudi Embassy, Ministry of Foreign Affairs (MoFA) in the issuing country, and MoFA in Saudi Arabia, Now You May Register in MoFA
- The financial statements for the last year prior to the application authenticated by the Saudi Embassy, MoFA in the issuing country, and MoFA in Saudi Arabia.
Besides the aforesaid requirements, certain activities require additional documents evidencing the fulfilment of specific criteria for carrying out those activities.
Fees for obtaining an investment license in Saudi Arabia
- The Saudi Investment License Fee is (SAR 2,000) / (USD 533) annually for a 5-year maximum.
- Subscription Fees to obtain services from Ministry of Investment investors’ relations centers:
- First year; payment of (SR 10,000) / (USD 2,666)
- Following years afterward; payment of (SR 60,000) / (USD 16,000)
Forms of Companies You Can Register in Saudi Arabia as a Investor
Investors may facilitate their investments by forming any of the following legal entities to Start building Investment Business in Saudi Arabia.
- Limited Liability Company (LLC)
- Individual LLC company
- LLC Branch for Individual and others
- Individual Closed Joint Stock Company Branch
- Closed/Public Joint Stock Company Branch
- Foreign Company Branch
- Professional Partnership Company
- Establishment Branch
Conclusion
If You want to Get Our Best Lawyers Support to Get Your Investment licence in Saudi Arabia, Now You Can Contact our Experienced Attorneys, we support investors across the Kingdom of Saudi Arabia. Contact us to book a free consultation.