sagia.gov.sa Issuance of Industrial Activity License : Saudi Arabian General Investment Authority

Organization : Saudi Arabian General Investment Authority
Facility : Issuance of Industrial Activity License
Country : Saudi Arabia
Website : https://sagia.gov.sa/en/InvestorServices/InvestmentServicesGuide/Pages/LicensendustrialActivity.aspx

SAGIA Industrial Activity License Issuance

This service is provided to all industrial licenses, such as heavy & light industries and transformative industries.

Related : Issuance of License for Service Activity Saudi Arabia : www.statusin.org/42176.html

Service Documents

** Shareholder’s Resolution to invest the in Kingdom, listing the names of shareholders, capital share of each shareholder, company headquarters, type of activity, name of the general manager and authorized representative, duly legalized by the competent authorities and the Saudi Embassy.

** Copy of the Articles of association of the participating firm, duly authenticated by the Saudi Embassy.
** Copy of the commercial registration of the participating firm, duly authenticated by the Saudi Embassy.
** Copy of trade name reservation in case of intent to acquire trade name for the company.
** Copy of the General Manager’s passport.

** Copy of the national ID, if one of the shareholders is a Saudi citizen, obtained from the Civil Status Department indicating his profession, and copy of the Commercial Registration, shareholders’ decision and the company’s Articles of Association.
** Company’s profile not exceeding five (5) pages.

** Provision of an undertaking to deposit full capital in an approved bank in the Kingdom of Saudi Arabia after issuance of the investment license, and submission of a deposit certificate in the name of the firm before obtaining the commercial registration.

** In case the capital exceeds five (5) million Riyals, a bank certificate must be provided worth 25% of the capital as per the share of every shareholder, and in case the capital is less than five (5) million Riyals, a bank certificate of the entire capital as per the share of every shareholder shall be provided, and such certificate must duly be authenticated by the Saudi Embassy.

** A preliminary financial and technical feasibility study on the method of funding the project and the value of the equipment, comprising of a timetable indicating the period of procurement and installation of the equipment and machineries to the factory, commencement of production and actual process of the operation lines. It is imperative to attach the various proposals for the procurement of equipment.

** An undertaking to apply Saudi Arabian Standards or the American or European standards on the products and the method of production whereby the product specifications and method of production materials are licensed under the Kingdom’s codes.

In case these do not exist in the Saudi codes, then dependence shall be on the American or European standards.

** An undertaking by the investor to purchase or lease industrial land for the investment activity within a year from the issuance of the license, in case he is unable to secure a land within the region of the Saudi Industrial Property Authority or economic cities.

** An authorization authenticated by the Saudi Consulate for the applicant, and must be a law firm or services office or the General Manager.

Rules & Restriction

** Consistency between the total percentage of the Saudi (shareholder / shareholders) and the capital according to the financial limits set forth for the type of activity in Section No. (11.08) of this manual.

** The licensee must review the ministry of trade and industry to obtain an industrial license along with the General Presidency of Meteorology and Environmental Protection to acquire an environmental approval

Service Mechanism

** Application is submitted on the website – E- services portal.
** Application is referred to the licensing department after verification of the entirety of the documents submitted.
** Application is referred to the licensing panel for recommendation.
** Application is referred to the Governor for decision.

Financial Fees

** Payment of license fee two thousand (2000) Riyals.
** Payment of ten thousand (10,000) Riyals as subscription for the first year to obtain services from Business Center at SAGIA. Afterward the fee is applied as subscription for services in the following years in accordance with classification of firm.
** Payment of subscription fees for services in the following years in accordance to classification of the firm.