Home / Knowledge Hub / News
Minimum Saudi OwnershipPercentage |
Minimum Capital (SAR) | License Type |
- | - | Service |
- | 1,000,000 | Industrial |
25% | 26,666,667
Foreign investor’s share not less than SAR.20,000,000 and percentage shareholding not to exceed 75% |
Commercial |
- | 25,000,000 | Agricultural |
40% | - | Telecommunications |
30% | - | Telecoms’ Value Added Services |
40% | 100,000,000 | Insurance |
40% | 200,000,000 | Re-insurance |
40% | 200,000,000 | Real Estate Finance |
- | The value of each single project may not be less that SAR.30,000,000 in land and constructions outside of the boundaries of two holy mosques. | Real Estate Development |
25% | - | Engineering, Procurement, Construction (EPC) |
Lastly, SAGIA has indicated that the time frame to complete the fast-track registration process is five working days from the day the application together with all supporting documents are filed on SAGIA’s website (e-services’ gate).
Although the fast-track registration process represents a significant step forward, it remains to be seen in practice whether SAGIA will finalise the review of licensing applications within the indicated time frame so as to make good on its promise to make licensing of foreign entities in Saudi Arabia a straightforward and swift exercise, and ultimately make the Kingdom of Saudi Arabia an attractive destination for foreign investors.Published: | October 2015 |
Title: | SAGIA implements a fast track registration process in a bid to attract sizable foreign investments |
Practice: | Corporate and M&A, Commercial |
Author(s): | Cyrille Naffah |
Recently the UAE Federal Government promulgated Federal Decree Law No....
You can download the PDF version here.I INTRODUCTION Saudi Arabia is...
The UAE strategic location with access to international markets and...
When a judgment is handed down ordering a debtor to...
The United Arab Emirates (“UAE”) has long enjoyed a reputation...
In recent years, the United Arab Emirates (“UAE”) has embarked...
With property prices in Dubai continuously rising, we are witnessing...
In the dynamic commercial landscape of Saudi Arabia, where time is a critical factor, the need for swift and decisive...
Saudi Arabia's ambitious Vision 2030 continues to unfold, with the Regional Headquarters (RHQ) Program playing a pivotal role in reshaping...
The Kingdom's regulatory environment is constantly evolving in response to the dynamic global business landscape. The most recent evolution comes...
Writing and reinsuring business from and within the Kingdom of Saudi Arabia has always presented challenges to the (re)insurance markets,...
IntroductionSaudi Arabia has recently unveiled four new Special Economic Zones (SEZs) across the country, bolstering its reputation as a global...
Promissory notes are an important part of financing transactions in the Kingdom of Saudi Arabia as it is a relatively...
On June 28, 2022, the Saudi Council of Ministers in the Kingdom of Saudi Arabia (the ‘Kingdom’ or ‘KSA’) approved...
As part of the Saudi Vision 2030, which aims to reduce the Kingdom of Saudi Arabia's (the "Kingdom") dependence on...
The worldwide economic distress caused by the ongoing Covid-19 pandemic has certainly not spared the GCC region. The pandemic has...
Update to the Saudi Companies Law,Reporting of losses in Saudi Companies, Appointment of auditors, and Remote Board of Directors Meetings...