As part of Saudi Arabia’s Vision 2030, the Kingdom has launched several initiatives to stimulate investment and innovation, most notably the Entrepreneurial License — considered the “golden ticket” to entering the Saudi market and establishing innovative tech companies
This license serves as a strategic launchpad for startups and foreign investors seeking to enter the Saudi market, offering financial, operational, and legal advantages that distinguish it from traditional licenses
If you’re unsure where to start, specialized firms such as Business Expert can assist you in every step of obtaining the license — from preparing documents to issuing the final permit
What is the Entrepreneurial License?
The Entrepreneurial License is a special type of foreign investment license in Saudi Arabia, aimed at innovative and tech-focused startups. It does not require an existing company and allows for establishing an entirely new business within the Kingdom. It also .grants unprecedented tax and operational benefits
Key Advantages of the Entrepreneurial License:
Exemption from license fees for three years.
Special residency benefits for entrepreneurs.
No requirement for a commercial registration or existing company.
Access to government funding and tax incentives.
Support from Saudi business incubators and accelerators.
Many entrepreneurs rely on administrative and investment support firms like Business Expert to speed up the process and ensure.
full compliance with Ministry of Investment requirements.
Eligibility Requirements:
To qualify for the license, you must meet the following criteria:
Be a resident of Saudi Arabia (or have a Saudi sponsor).
Submit a clear business plan outlining project objectives.
Be at least 21 years old.
Have a support letter from an accredited entity (such as business accelerators or investment funds).
You may apply directly without an investor’s backing, but a support letter significantly improves acceptance chances.
Need a professional business plan? Business Expert has a dedicated team that prepares plans meeting Ministry of Investment requirements, boosting your application’s success rate.
Steps to Obtain the Entrepreneurial License:
Register via the “Meras” platform.
Select your business activity.
Upload the required documents.
Pay the fees.
To avoid mistakes or delays, you can enlist Business Experts to track your application step-by-step until you receive the license.
In Conclusion:
The Entrepreneurial License is a golden opportunity for any tech entrepreneur or startup looking to expand in a modern and advanced environment. With the extensive facilitations provided, success lies in proper execution and meticulous preparation.
Do you have a business idea and need someone to accompany you on your entrepreneurial journey? Contact Business Experts to help you obtain the Entrepreneurial License in Saudi Arabia with ease and professionalism.
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