Industrial License
in Saudi Arabia
Securing an Industrial License in Saudi Arabia
Types of Licenses ( Available for heavy, light, and transformative industries )
Strategic Importance ( Saudi Arabia, a hub for industrial manufacturing, attracting regional investment and trade )
Industry-Specific Requirements ( Some industries have additional prerequisites or restrictions for licensing )
Expert Assistance ( Business Setup in Saudi can guide you through the process )
A Look at Saudi Arabia’s Industrial Sector
Regulatory Body: The Saudi Ministry of Industry and Mineral Resources (MIMR)
Goals and Plans: Aim to boost industrial exports to $149 billion by 2030, increase the number of factories from 10,640 to 36,000 by 2035, and implement over 136 strategies while identifying 800 investment opportunities worth $266.2 billion
Key Industries: Focus on steel, food, polymers, and chemicals production
Importance of Industrial Sector in Saudi Arabia
Diversifying the Economy
The Saudi government is actively working to diversify its economy to reduce its dependence on the oil sector. By developing a robust industrial sector, new sources of income and employment opportunities can be created.
The NIDLP
The NIDLP ( National Industrial Development and Logistics Program ) aims to position Saudi Arabia as a leading industrial powerhouse and a globally recognized logistics hub focusing on leveraging energy and mining resources to attract international investors and ensure sustainable growth.
Enhancing Production Value
Saudi Arabia’s industrial sector enhances the value of its natural resources by converting raw materials into finished products. This process increases export value and reduces dependence on imports.
Industrial Cities
Saudi Arabia’s industrial cities, managed by the Saudi Authority for Industrial Cities and Technology Zones (MODON), currently host over 3,500 factories across 36 cities. MODON offers various incentives to attract investments from GCC, Arab, and foreign investors.
Industrial Licensing Guidelines in Saudi Arabia
Required Documents
You need to provide:
- A certified copy of the shareholder partner’s commercial registration, authenticated by the Saudi Embassy.
- An ID copy for partners from GCC countries, if they are not registered in the ABSHAR system.
- Financial statements from the previous year for the foreign company, also authenticated by the Saudi Embassy.
Business Setup in Saudi can help streamline this process for you.
Rules and Restrictions
- If any partners have previously obtained a license from the Ministry of Investment, this information must be included in the partner section of the electronic application.
- Individuals with premium residency status are exempt from submitting the previously mentioned documents.
- When applying online, you need to enter the Saudi national identity, premium residency, or residency details of the partners, or the commercial registration details for the participating Saudi companies.
- 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.
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