HomeEntrepreneur License

Entrepreneurs worldwide are responsible for improving local economies, fostering talent, and creating jobs. They diligently implement precautions to minimize risks such as resource shortages. Entrepreneurship is a crucial driver of economic growth and innovation and aligns with Saudi Arabia’s Vision 2030 by catalyzing progress across sectors.

Entrepreneur license in KSA

In Saudi Arabia, obtaining an entrepreneur license is vital for business owners who wish to establish technology and innovative companies seeking expansion and growth potential within the Kingdom of Saudi Arabia with the backing of entities approved by the Ministry of Investment.

https://saudihelplinegroup.com/wp-content/uploads/2024/02/feature23-640x404.jpg

Conditions and Guidelines for Entrepreneur License In Saudi Arabia:

Documentations: 

  1. The Board of Directors decision of their desire to get a license, stating the invention type, its sponsors and the powers and a copy of the national identity, if one of the partners is a natural person holding the nationality of one of the GCC countries (in case his data is not registered in the ABSHER system).
  2. Obtain a letter of support from the supervising authority (Saudi universities or business incubators) within the Kingdom includes the name of the project, the required activity, ownership data and contact information for the supervising authority

Conditions:

  1. In case that one of the partners was previously licensed by the Ministry of Investment, it must be clarified when filling in the partners’ data while submitting the electronic application.
  2. Authorized Saudi universities or business incubators shall approve the license applications.
  3. If the applicant is a resident of the Kingdom, the Saudi sponsor should submit a letter of no objection.
  4. The duration of the license is one year and is renewed annually for the first five years with the approval of the supervising authority.
  5. The applicant must enter the data of the Saudi national identity / Premium residence / residence if one of the partners holds any of them, or the commercial registration data for the participating Saudi companies during the electronic application submission.

Helpline Group is here to simplify your process of obtaining an Entrepreneur license in KSA.

With a history of 25 years, We excel in providing professional guidance in acquiring Entrepreneur licenses. Our extensive reach extends to 10 international branches, and our committed team of over 300 experts is focused on delivering unmatched consultation and assistance.