Establishing company in Saudi Arabia- establishing an LLC – Lawyer in Saudi Arabia

Establishing  company in Saudi Arabia goes through three main stages:

1-Issuing an investment license

2-Issuance of authentication of the company incorporation contract

3-Issuing the commercial register

Here, we explain the main steps for issuing an investment license in Saudi Arabia

Services License

Before starting a business in Saudi Arabia you need to issue a license and here we are going to talk about service license and it must be in the following activities: (Constructions, Administrative Investment, Information Technology, Tourism, Training, Health, Insurance and Re-Insurance, Education, Advertising and Media, Logistic Services, Organizing Exhibitions, Catering and Food Services, Financial Services, Aviation and Handling Services, etc.).

Required Documentations Establishing company in Saudi Arabia :

1-A copy of the commercial registration certified by the Saudi Embassy.

2-Financial statements of the last financial year of the applicant foreign company and certified by the Saudi Embassy.

Notes:

1-In case that one of the partners was previously licensed by Ministry of Investment, it must be clarified when filling in the partners’ data while submitting the electronic application.

2-In case the license is a health activity, the following shall be required:

a) The legal entity must be a company.

b) The health facility must have accreditation from a recognized health organization.

c)Have at least three years of experience in the country of the establishment.