Alqanoni

Investor Guide 13 02 en

Para. 04.03.07
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (MISA)

Transfer of Establishment File Under Process Service Description This service is offered to businesses that wish to convert their file from an individual establishment (institution) to a company. Required Documents 1. A copy of the investment register. 2. A copy of the commercial register. 3. A copy of the founding contract. 4. A certificate from the Ministry of Commerce. 5. A certified commitment letter from the Chamber of Commerce addressed to the Ministry of Human Resources and Social Development, confirming the transfer of all labor and that there are no workers outside the kingdom or unused visas. 6. A certificate of cancellation or transfer of ownership for licenses to a company (municipality, Ministry of Transport, Ministry of Health, Ministry of Education, Ministry of Media). 7. A copy of the employer's ID. Service Conditions & Restrictions 1. Payment of the consolidated bill. 2. Resolving any existing issues if present. 3. No labor disputes pending against the establishment. 4. No expired work permits. Service Fees Payment of any applicable fees required by the government entity providing the service. Service Application Location None Estimated Processing Time 1 working day. Service Description This service is for establishments that desire to register an account manager in the Ministry of Human Resources and Social Development. Required Documents 1.A copy of the commercial registration. 2.A copy of the Articles of Association. 3.A copy of the applicant's ID. 4.A letter from the establishment requesting the registration of an account manager certified by the Chamber of Commerce. Service Conditions & Restrictions •E- Services portal of Ministry of Human Resource and Social Development. •In the event of technical difficulties, the application can be submitted manually or through the Ministry of Investment's E -Services Portal - Government Services - Ministry of Human Resource and Social Development with the attached proof. Service Fees Payment of any applicable fees required by the government entity providing the service. Service Application Location •Ministry of Investment investors ’ relations centers Estimated Processing Time 1 working day. 04.03.09 Issuance of Visa for Senior Professions Service Description This service is for businesses wishing to issue a new work visa for high -level professions (General Manager, CEO, Chairman of the Board Required Documents 1. A copy of the investment register. 2. A copy of the commercial register. 3. A copy of the passport. 4. A copy of the founding contract. 5. Specify nationality and country of arrival Service Conditions & Restrictions If a visa has been issued for one of the high -level professions before, the second visa can be issued via the electronic services of the Ministry of Human Resources under the establishment ’s account . Service Fees Payment of any applicable fees required by the government entity providing the service. Service Application Location • The website of the Ministry of Investment Electronic Services Portal (inquiries and complaints). • The website of the Ministry of Human Resources and Social Development Establishment account. • In case of technical issues, the service can also be accessed at One -Stop Services centers. Estimated Processing Time 1 working day.

The Arabic text is the legally binding version. The English translation is provided for guidance only.

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