Entrepreneur License service provides to business leaders who wish to establish emerging technical, innovative, or distinguished companies. Capable of expansion and growth to provide a better and different product or service in the Saudi market. To have supportive entities approved by the ministry of investment. entrepreneur license saudi arabia
Documents require for Entrepreneur License
- The Board of Director’s 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 who holds the nationality of one of the GCC countries (in case his data is not registered in the ABSHAR system). entrepreneur license saudi arabia
- Obtain a letter of support from the supervising authority within the Kingdom includes the name of the project. It required activity, ownership data, and contact information for the supervising authority
Rules and Restrictions
- In case that one of the partners was before licensed by the Ministry of Investment. It must be clarified when filling in the partner’s data while submitting the electronic application.
- Authorized Saudi universities or business incubators shall approve the license applications.
- If the applicant is a resident of the Kingdom, the Saudi sponsor should submit a letter of no objection.
- The duration of the license is one-year and renews annually for the first five years with the approval of the authority.
- 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.
Business in Dubai is a highly competitive domain with new entrepreneurs and investors setting up companies every year. To stand tough in this market, you need support from the best business consultant. Business Link is currently the top leading business consultant that can help to set up your Business with ease.
The consultants at Business Link value their client’s time and money. The brand is known for its pace and simplicity with which the business is set up. They lay out the best options for company formation in Saudi Arabia and come up with cost-effective and most-efficient solutions that make your business a success. Therefore, if you are thinking of setting up a business in KSA or any other Emirates. Business Link is the right place for you!
