In Saudi Arabia, an industrial license allows companies to conduct industrial operations and produce goods. Such licenses can be obtained for heavy, light, and transformative industries.
The industrial sector offers a chance for Saudi Arabia to emerge as a central point for industrial manufacturing, drawing investment and trade from other countries in the region.
However, it’s essential to be understand that specific industries may have more prerequisites or limitations. The procedure to get an industrial license could differ based on the company’s specific needs.
Creative Zone Saudi Arabia can assist you in accomplishing all these depending on your business needs.
The Saudi government is actively seeking ways to diversify its economy to reduce reliance from the oil industry. With a strong industrial sector, new income and job sources can be developed.
The program’s objective is to position Saudi Arabia as a top industrial contender and a globally recognized logistics center. It focuses on harnessing energy and mining resources, maximizing local content, and adopting the 4th Industrial Revolution (4IR). Through this, the country hopes to achieve sustainable growth by attracting worldwide investors.
The industry lets Saudi Arabia augment the worth of its resources by converting raw materials to final products. This boosts export value and lessens import reliance.
Managed by the Saudi Authority for Industrial Cities and Technology Zones (MODON), there are currently 36 industrial cities accommodating over 3,500 factories. MODON offers multiple advantages to attract investments from GCC, Arab, and foreign investors.
You need to provide:1
An authenticated copy of the commercial registration for the shareholder partner, verified by the Saudi Embassy.2
An ID copy for partners from GCC countries, if they aren’t listed in the ABSHAR system.
Previous year’s financial statements from the foreign firm are needed, and these should also be authenticated by the Saudi Embassy.
If any of the partners have previously secured a license from the Ministry of Investment, this detail should be included in the electronic application’s partner section.2
Individuals with premium residency status don’t need to submit the documents mentioned above.3
While applying online, you must enter the Saudi national identity/premium residency/residency data of the partner(s) or the commercial registration data for the participating Saudi companies.4
Applicants must consult the Ministry of Industry and Mineral Resources for an industrial license and the General Presidency of Meteorology and Environmental Protection for environmental clearance.
Creative Zone has one mission – to serve as a one-stop company for all your company needs.
Over the last 12 years, our team has helped over 45,000 startups and SMEs expand and grow their business.
We offer tailored business solutions that will help your business from pre- to post-launching.
Contact us, and let’s begin your successful business journey in the Saudi Arabia