This article has been researched and written by Marharyta Skavronska and the team at Creation Business Consultants and has not used AI in generating this article.
A Saudi Arabian foreign investment license from the Ministry of Investment (MISA) is necessary for international investors, who must then finish the incorporation procedure at the Ministry of Commerce (MOCI) and other government agencies. The Saudi Arabian notary public will notarise the company’s Articles of Association as part of the incorporation process.
Every industrial or commercial establishment, both domestic and foreign, is required to register with the commercial registration offices of MOCI, which are in all the major towns of the Kingdom in accordance with the Statute of Commercial Registration System as contained in the Council of Ministers Resolutions No. 54 dated 29 Rabi II 1375 H. (1955) and No. 112 dated 13 Shawwal 1375 H. (1955).
Branch offices of foreign corporations, or Saudi agents acting on their behalf, are required to first seek permission from MISA, Ministry of Industry and Electricity, and then register with the MOCI a month before starting operations of setting up a business in Saudi Arabia.