Start Business in Saudi Arabia

In the dynamic business landscape of Saudi Arabia, obtaining the appropriate licenses is crucial for operating legally and efficiently. Among the essential licenses, the Service Activity License stands out, encompassing a broad spectrum of activities integral to various industries. Start business in Saudi Arabia . This Information provides a detailed overview of the Service Activity License, the documentation required for obtaining it, and the rules and restrictions associated with it.

The Service Activity License is designed to regulate and facilitate a diverse range of business activities, ensuring compliance with local regulations and promoting economic growth. The license Business in saudi Arabia covers several key sectors, Such as Given below,

Enabling companies to undertake building projects, infrastructure development, and related services.

Supporting businesses in administrative and investment activities, including consultancy and management services.

Facilitating IT companies in providing technology solutions, software development, and digital services.

Encouraging businesses in the tourism sector to offer travel, accommodation, and leisure services.

Allowing institutions to provide professional and vocational training programs.

Regulating healthcare providers, including hospitals, clinics, and medical services.
Insurance and Re-Insurance: Enabling companies to offer insurance products and reinsurance services.

Supporting educational institutions in delivering academic and non-academic programs.
Advertising and Media: Facilitating advertising agencies and media companies in their operations.

Allowing logistics firms to manage transportation, warehousing, and supply chain services.
Organizing Exhibitions: Enabling companies to plan and execute exhibitions, trade shows, and events.

Supporting businesses in the food and beverage industry, including catering services.

Regulating financial institutions providing banking, investment, and related services.

Facilitating companies involved in aviation operations and ground handling start business services.

To ensure a smooth application process, businesses must prepare and submit the necessary documentation. The key documents required for Business in Saudi Arabia:

Commercial Registration: A copy of the commercial registration of the shareholding partner, certified by the Saudi Embassy. Additionally, if one of the partners is a natural person holding the nationality of one of the GCC countries and their data is not registered in the ABSHAR system, a copy of their national identity is required.
Financial Statements: The financial statements of the last financial year of the applicant foreign company, certified by the Saudi Embassy, are essential to demonstrate the financial stability and credibility of the business.

To maintain transparency and consistency, the Service Activity License is governed by specific rules and restrictions Business in Saudi Arabia:

Consistency in Shareholding and Capital: There must be a consistency between the total percentage of the Saudi (shareholder/shareholders) and capital according to the financial limit. This ensures that the shareholding structure aligns with the capital investment, promoting fairness and accountability.

Exemption for Premium Residence Holders: Premium residence holders are exempted from submitting the aforementioned documents. This exemption streamlines the process for these individuals, recognizing their special status and contribution to the economy.

Disclosure of Previous Licenses: If 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. This requirement ensures transparency and helps in tracking the licensing history of businesses.

Accurate Data Entry: The applicant must enter the data of the Saudi national identity, Premium residence, or residence if one of the partners holds any of them. Additionally, for participating Saudi companies, the commercial registration data must be provided during the electronic application submission. This step is crucial for maintaining accurate records and facilitating efficient processing of applications.

Navigating the licensing landscape Business in Saudi Arabia requires a thorough understanding of the regulations and meticulous preparation of documentation. The Service Activity License, with its comprehensive coverage of various business activities, plays a pivotal role in fostering economic growth and ensuring regulatory compliance. By adhering to the documentation requirements and rules, businesses can secure their licenses efficiently and embark on their ventures with confidence. This proactive approach not only streamlines the licensing process but also contributes to the sustainable development of the Saudi economy.