In Saudi Arabia, the printing and publishing industry is one of the many advancing sectors. More global players are entering the market, while digital media is also on the rise. As such, foreign companies who want to take advantage of the landscape should consider a printing and publishing license.
As proof of a truly diverse economy, the printing and publishing industry in Saudi Arabia also contributes a lot to the economy. Paper and paperboard packaging are expected to grow 4.2% in terms of CAGR from 2021 to 2026, with a projected value of over USD 2.5 million by then. Not only is that evidence of the industry’s strong local performance, but it’s also indicative that the sector will surpass that of other countries – given the higher CAGR versus most international markets.
Books, journals, magazines, and other written publications are very important in recording Saudi Arabia’s culture and history. Be it religion, literature, art, politics, and music, among others, much of the Kingdom’s identity is preserved by the printing and publishing industry. It forms the foundation for how people can get a deeper understanding of Saudi Arabia as a nation, and therefore must be fostered.
A lot of publications about Islam come from Saudi Arabia, as the birthplace of the religion. The Quran is just one of these, along with other scholarly works and books about theology and jurisprudence. They contribute to the sector’s performance, while at the same time helping keep Saudi Arabia’s stature as a centre for Islamic learning.
Just like religion, education also plays a big role in keeping the publishing and printing industry afloat. Saudi Arabia produces textbooks, workbooks, and other materials for educational institutions around the world. It helps the local economy and empowers students worldwide with the knowledge to help them grow.
A copy of the shareholding partner’s commercial registration that’s certified by the Saudi Embassy, and a copy of the national identity if partner is a natural person holding the nationality a GCC country (in case his data is not registered in the ABSHAR system)2
The company’s financial statements for the last three financial years, certified by the Saudi Embassy.3
Copies of the commercial registrations of the participating entity in the same field in 3 international countries, authenticated by the Saudi Embassy.
If one of the partners was previously licensed by the Ministry of Investment, this must be mentioned while filling in their data during the electronic application.2
Applicants 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.3
There is an obligation to implement all the organised commitments of the activity, including the standards and percentages of Saudization approved by the Ministry of Human Resource and Social Development.4
The foreign company should be licensed in at least three countries in the same field.5
The company shall have at least three years of experience in the same field.
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