Investor Guide 13 02 en

Industrial Mortgage This service is provided to industrial companies that wish to mortgage assets to obtain specific facilities or services. Service Description Required Documents 1. Copy or number of the commercial registration. 2. Articles of incorporation for companies (showing authority for the company's manager to mortgage and sign on behalf of the company), or a legal power of attorney specifying the mortgage. 3. If the mortgaged asset includes property, the original deed must be attached. 4. Provide a letter requesting the Ministry of Investment ’s endorsement of the mortgage. 5. Provide a letter from the Industrial Development Fund. 6. Provide a statement of the mortgaged assets. Service Conditions & Restrictions 1. The letter of approval from the Ministry of Investment must include specific details about the mortgaged property, such as the deed number and date, and mention the requesting authority (e.g., court, etc.). Service Fees Payment of applicable fees for the government agency providing the service (if any). Service Application Location One-Stop Services centers (Jeddah, Dammam). Service Application Location 1 working day. 04.01.03 Documenting of Company Establishment Contracts This service is provided to companies wishing to document a new or amended founding contract (for heirs, minors, or judicial rulings). Service Description Required Documents 1. Proof of identity for the partners and the company's establishment contract, along with any amendments (if applicable). Alternatively, provide the original notarized and stamped power of attorney, with translations, from all company partners or the manager authorized to sign the establishment contracts. 2. A notarized authorization for the applicant, with proof of the identity of the authorized person, or provide the original legal power of attorney (notarized, stamped, and translated). 3. The inheritance certificate if the request concerns heirs or minors. 4. Guardianship documents for minors and proof of permission for entry or exit of the minor if the request concerns minors. 5. A judicial ruling in the executable format if the request involves a judicial ruling. Service Conditions & Restrictions For Heirs: 1. The in -kind shares must be detailed (e.g., vehicles should specify type, model, and value; buildings and facilities should specify whether they are leased or provided by the partners). 2. Update the investment registration based on the inheritance deed and legal office's letter. 3. The heirs or their representative must be present. For Minors : The guardian or legal representative must either be present with a power of attorney or guardianship. For Judicial Rulings: A letter from the family court authorizing the requested amendment, whether it is for sale, transfer, etc., is required. Service Fees • One-Stop Services centers (Jeddah) for requests concerning heirs or minors. • One-Stop Services centers (Dammam) for requests concerning heirs, minors, or judicial rulings. Service Application Location Payment of applicable fees for the government agency providing the service (if any). Estimated Processing Time 2 working days.