Alqanoni

Investor Guide 13 02 en

Para. 5.1
Status unknownSaudi ArabiaRegulation

Issued by Ministry of Investment (MISA)

Requirements for registration of special categories Filing Categories Definition Requirements Financial Consideration Filing Categories Regular Registration of Establishments This service enables establishments to register for investment in the Kingdom in accordance with the Investment Law and its Executive Regulations. Registration is available for approved economic activities in Saudi Arabia open to investment (ISIC 4) A copy of the commercial register of the participating foreign establishment, certified by the Saudi Embassy. A copy of the identity document if one of the partners is a natural person (individual) holding the nationality of a GCC country (if their information is not registered in the Absher system). Financial statements for the last fiscal year of the foreign company applying for registration, authenticated by the Saudi embassy. Providing the requirements related to the type of activity to be registered in accordance with Section ( 05.00 ) of this guide. Holders of the Special Residency Permit are exempted from submitting requirements ( 1-3) above. Registration Annual Update The establishment is obligated to pay the financial fee for the entire registration period, as determined by the Ministry when approving its registration, The establishment is obligated to pay within 30 days of notification of the due amount, If payment is not made within the specified period, the registration will be deemed void Registration for Entrepreneurial Establishments They are entrepreneurs and startups who wish to establish innovative, distinguished, or emerging technology companies that are capable of expansion and growth to provide a better and different product or service in the Saudi market and have support entities approved by the Ministry If the applicant is a company, attach a decision from the company ’s board of directors stating their desire to register in the Kingdom Submit a letter of support or proof of project approval from the supervising authority (Saudi universities or accredited business incubators) If the applicant is an individual residing in the Kingdom, a no objection letter from the employer must be submitted The activity number must be included in the support letter for new registration applications and registration amendment requests. Registration Annual Update The establishment is obligated to pay the financial fee for the entire registration period, as determined by the Ministry when approving its registration, The establishment is obligated to pay within 30 days of notification of the due amount, If payment is not made within the specified period, the registration will be deemed void Temporary Registration for the implementation of a Government Contracts These are foreign companies that have obtained a government contract and apply for temporary investment registration to implementation the government/semi - government contract. This registration ends at the end of the contract A copy of the letter from the government agency or the project implementation contract signed by the relevant authority, including the contract period Registration Annual Update The establishment is obligated to pay the financial fee for the entire registration period, as determined by the Ministry when approving its registration, The establishment is obligated to pay within 30 days of notification of the due amount, If payment is not made within the specified period, the registration will be deemed void

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

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