SAGIA LICENSE

from Here is what SAGIA License in detail

The SAGIA license is a crucial step in the process of setting up a business in Saudi Arabia. It is issued by the Saudi Arabian General Investment Authority (SAGIA) and is necessary for the foreign investor to legally operate in the country. The license application requires detailed information about the company, including its business activities, legal structure, and the amount of capital to be invested.

► The SAGIA license provides several benefits to foreign investors, such as the ability to:

► own 100% of the business in certain sectors

► import and export goods and services

► sponsor employees for visas and residency permits

► Open bank accounts and

► Apply for business loans

Without a SAGIA license, a foreign investor would not be able to operate a business in Saudi Arabia legally. Therefore, it is a critical requirement for any foreign investor who wishes to do business in the country.

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Here is what SAGIA License in detail