Audiovisual Media License in Saudi Arabia
Securing an Audiovisual Media License
Market Value: Industry worth SAR 17.4 billion
Strategic Focus: Key part of Saudi Vision 2030
Licensing Body: Work with GCAM for licensing
Foreign Opportunities: Ideal for entering media and broadcasting
Inside Saudi Arabia’s Media Sector
Saudi Arabia’s media and entertainment industry includes various sectors, making it a vibrant space for all types of content. Key areas include press, print and digital media, publishing, advertising and public relations, television, radio, gaming, and social media.
NEOM Media Village
Saudi Arabia’s NEOM Media Village is a significant player in the media sector, offering the Kingdom’s largest sound stages and production facilities. Located in the NEOM special economic zone, it has already supported about 25 projects and is set to grow further. The village offers a 40% cash rebate for productions, with six new sound stages opening in 2023 to meet the rising regional and international demand for production facilities.
High-Quality Content
Located in the NEOM special economic zone, NEOM Media Village features the largest sound stages and production facilities in Saudi Arabia. It has already supported around 25 projects, with more on the horizon as the village continues to expand. This year, a 40% cash rebate for productions was introduced, and six additional sound stages are set to open by the end of 2023. This expansion is driven by the growing regional and international demand for production facilities.
International Standards
Saudi Arabia is keen to meet international media regulation standards due to the increasing demand and interest from other regions. By improving the global reputation of its media sector, the Kingdom aims to attract more investors and companies from around the world. This approach will create new job opportunities, expand the media industry, boost the economy, and support efforts to diversify the country’s economic base.
Audiovisual Media Licensing Requirements in Saudi Arabia
Required Documents
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Provide a certified copy of the commercial registration of the shareholding partner from the Saudi Embassy. If any partner is a GCC national and their details are not in the ABSHAR system, include their national identity copy
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Submit the company’s financial statements for the last fiscal year, authenticated by the Saudi Embassy
Rules and Restrictions
- If a partner has been previously licensed by the Ministry of Investment, this information must be included when filling out their details in the electronic application.
- Holders of premium residence are exempt from providing the above documents.
- All regulatory requirements for the activity must be followed, including Saudization standards and percentages set by the Ministry of Labor and Social Development.
- When submitting the electronic application, the applicant must enter the details of the Saudi national identity, premium residence, residence (if applicable), or the commercial registration information for the participating Saudi companies.
Apply for a Audiovisual Media License with Business Setup in Saudi
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