Do you want to invest in Saudi Arabia?

Bright Beach Office for Commercial Services It provides foreign investors with all services related to foreign investment in Saudi Arabia. Including carrying out all procedures for establishing companies and establishing branches of foreign companies in Saudi Arabia, And obtaining investment licenses

That the Kingdom, within its vision of 2030, tended to provide room for foreign investment on the lands of the Kingdom, and gave more facilities than before, As a result, the Kingdom of Saudi Arabia allowed foreign investors to establish their investments in all parts of the Kingdom. The Ministry of Investment enables investors to access investment opportunities by facilitating the conditions and procedures for foreign investment in the Kingdom of Saudi Arabia.

We are pleased to provide the means of applying for the licenses, services and visas required to start work. And coordination with agencies specialized in helping to start work in the Kingdom.

In the beginning, you must know the conditions for granting a license for foreign investment in Saudi Arabia, as follows:

Firstly: Conditions for granting a license for foreign investment in Saudi Arabia:

  • Article Five of the Implementing Regulations of the Foreign Investment Law in Saudi Arabia established the conditions that must be met in order for a foreign investment license to be granted to the license applicant, which are: –
  • The investment activity required to be licensed should not be included in the list of activities excluded from foreign investment in the Kingdom.
  • The technical specifications of the product and its production method must be in conformity with the Saudi, Gulf or international specifications.
  • The license applicant should not have had final judgments or decisions issued against him due to fundamental violations of the provisions of the Saudi Foreign Investment Law.
  • The license applicant should not have had previous judgments issued against him, including judgments in financial or commercial violations. whether inside or outside the Kingdom.
  • The license applicant must abide by the conditions, controls, declarations and undertakings attached to the investment license application form.
  • The granting of the license shall achieve the investment objectives and the objectives of the Ministry of Investment.

Applying these terms and conditions to license renewal requests.

Required Documents .

  • · . A copy of the commercial registration of the foreign company certified by the Saudi Embassy
  • Financial statements for the last year, certified by Saqqara, Saudi Arabia

In the event that a branch of a foreign company is opened, the partners’ decision to open a branch of the foreign company in the Kingdom of Saudi Arabia is specified, and the region, the general manager, and the capital are specified, certified by the Saudi embassy.

Copies of personal identification for the natural partners

  • The status card of the Saudi partner
  • Featured residence photo
  • Passport copy of the general manager
  • A copy of the status card for the countries of the Gulf Cooperation Council

Government fees

  • Investment license 2000 riyals annually
  • Investment services fees for the first year are 10,000 ten thousand riyals, and for subsequent years 60,000 sixty thousand riyals

Our services

  • Obtaining an investment license
  • Documentation of the Memorandum of Association
  • Issuance of the commercial register
  • Opening zakat, social insurance and labor office files for the establishment
  • Issuance of the Director General’s visa