Issuing a Professional License with Saudi Shareholder

We submit an application for foreign companies that wish to practice professional activities in the Kingdom with a Saudi partner.

Service Price and Execution Period

Service Fees: 10,000.00 SAR
Tax: 15%
Government Fees: 12000 SAR
Execution Period: 5
Government Approval Time: 2

Required Documents

The financial statements for the last financial year of the foreign company requesting a license are certified by the Saudi Embassy
A copy of the commercial register of the participating foreign company certified by the Saudi Embassy.
A copy of the national IDs for partners and managers (Either Saudis or residents).
A copy of the professional license.
Entity's Articles of Association certified by the Saudi Embassy.
National Address.

Service Conditions

The presence of a Saudi partner professionally licensed with an investment license, provided that his share in the company to be not less than 25% according to the minimum limits specified by the type of activity.
For the shares' percentage of non-professionals, whether Saudi or Gulf, or holders of premium residence or non-professional companies not to exceed 30%
The non-Saudi professional company participating or contributing to the company should have a distinguished reputation in the field of the free profession.
The non-Saudi professional company participating or contributing to the professional company should has one or more representatives who have a license to practice the profession that replaces the activity of the professional company from the competent authority in the country of the non-Saudi professional company or in his country, in every profession in which the company participates or contributes professional.
The non-Saudi professional company must provide expertise and technical knowledge to the professional company and train Saudis in it.
Obtaining the approval of the competent authority in the Kingdom in cases where this is required.
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.
Determining the status of partners, whether professionals or non-professionals.
Payment of fees within 15 days.
The applicant must fill the data of the Saudi National Identity / Premium Residency / Regular Residency, if one of the partners holds any of them, or filling the commercial registration data for the participating Saudi companies when submitting the electronic application.
Required Data: (Email - Absher Phone Number - Phone Number in the Company's Country - Specifying Professional Activities - Partners & Managers IDs - City in which the License is Requested).
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