Professional License provides service to foreign companies wishing to practice professional activities in the Kingdom with a Saudi partner.
Documentations For professional partners:
- A copy of the commercial registration of the participating foreign establishment, authenticated by the Saudi Embassy.
- Financial statements of the last year of the applicant company and certified by the Saudi Embassy.
- A copy of the national identity if one of the partners is an individual person holds the nationality of one of the GCC, or a copy of the national identity if one of the partners is holding the Saudi nationality and a statement issued by “ABSHAR” System to prove the profession. And a copy of the professional license for each partner from the competent authority in the Kingdom.
For non-professional partners:
- 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).
- Financial statements of the last financial year of the applicant company and certified by the Saudi Embassy.
Rules and Restrictions
- The existence of a professionally licensed Saudi partner with a share not less than 25%.
- 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 have one or more representatives. Who has 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 his country, in every profession in which the company participates or contributes professional?
- The non-Saudi professional company provides 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 needed.
- In case that one of the partners was before licensed by the Ministry of Investment. It must be clarified when filling in the partner’s data while submitting the electronic application.
- 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.
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