100% Foreign Service LLC -KSA

Service activity license comprises of the following activities: ( Constructions, Administrative Investment, Information Technology, Tourism, Training, Health, Insurance and Re-Insurance, Education, Advertising and Media, Logistic Services, Organizing Exhibitions, Catering and Food Services, Financial Services, Aviation and Handling Services, etc.).

Service Documentations

1. A copy of the commercial registration of the shareholding partner certified by the Saudi Embassy and a copy of the national identity, if one of the partners is a natural person holding the nationality of one of the GCC countries (in case his data is not registered in the ABSHAR system).
2. Financial statements of the last financial year of the applicant foreign company and certified by the Saudi Embassy.

Service Rules and Restrictions

1. Consistency between the total percentage of the Saudi (shareholder/ shareholders) and the capital according to the financial limits set forth for the type of activity as show in Section No. (11.03) of this manual.
2. Premium residence holders are exempted from the above documents.
3. In case that one of the partners was previously licensed by Ministry of Investment, it must be clarified when filling in the partners' data while submitting the electronic application.
4. 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.
5. In case the license is a health activity, the following shall be required:
   • The legal entity must be a company.
   • The health facility must have accreditation from a recognized health organization.
   • Have at least three years of experience in the country of the establishment.

Service Fees

• Payment of license fee of two thousand (2000) Saudi Riyals annual for 5 years as maximum.
• Payment of ten thousand (10,000) Riyals as subscription for the first year to obtain services from Ministry of Investment investors’ relations centers. Afterward, the fees is applied as subscription fees for services in the following years (SR 60,000).
• Service fees shall be paid within (60) days from the date of bill issuance. In case of the payment’s delay within the identified period, the service will be cancelled and the applicant have to apply again.

Note: Governement Fee & Licence Fee not included with our Proposal