Industrial license
An industrial license is issued to foreign investors who wish to develop their manufacturing plant within Saudi Arabia. It is now possible to enjoy 100% foreign ownership when establishing industrial ventures in the kingdom. This business license in Saudi Arabia helps in making strategic investments and ensures that the industrial sector has dynamic growth within the Saudi economy.
Requirements for Industrial License in Saudi Arabia
- The business should have been established outside of KSA for more than 1 year
- Minimum investment of SAR 25,000
- Copy of Commercial Registration of the shareholding partner certified by the Saudi Embassy
- Foreign company’s financial statements of the previous year certified by the Saudi Embassy