IntroductionUnderstanding the benefits of obtaining a MISA investor license without a local partner is essential for foreign investors looking to navigate new markets independently.
Saudi Arabia is opening its doors wider to global investors. With Vision 2030 driving foreign investment reforms, it’s now possible to secure a MISA (Ministry of Investment Saudi Arabia) investor license with 100% foreign ownership—no Saudi partner required for most sectors. In this guide, we walk you through the key requirements, documentation, and application process to establish your business independently in the Kingdom.
What Is a MISA Investor License?
The MISA license allows foreign investors to legally operate in Saudi Arabia with full ownership rights in eligible sectors. Issued by the Ministry of Investment, this license is part of the government’s broader strategy to diversify the economy and attract international capital.
Who Can Apply Without a Local Partner?
Saudi Arabia permits 100% foreign ownership in sectors like:
- Information Technology (IT)
- E-commerce and Digital Services
- Logistics and Supply Chain
- Healthcare and Medical Services
- Consulting and Professional Services
However, certain industries—such as media, defense, or legal services—may still require a local partner or additional approvals, which is a key consideration for securing a MISA investor license without a local partner.
Step-by-Step: How to Get a MISA Investor License Without a Local Partner
1. Choose a Suitable Business Structure
The following entities support full foreign ownership:
- Limited Liability Company (LLC)
- One-Person Corporation
- Joint Stock Company
- Branch of a Foreign Company
2. Confirm Your Sector’s Eligibility
Refer to Invest Saudi’s sector list to ensure your business activity qualifies for 100% foreign ownership. Activities in the “open sector” are typically eligible, which makes it easier to obtain a MISA investor license without a local partner.
3. Gather and Attest Documentation
You’ll need:
- Commercial registration (CR) from your home country
- Articles or Memorandum of Association
- Audited financial statements (past year)
- All documents must be attested by your country’s Ministry of Foreign Affairs and the Saudi Embassy.
4. Apply via MISA’s Online Portal
Use MISA’s e-services portal to register your company and upload documents. Approvals typically take 5–10 business days, assuming no missing information, facilitating the process of acquiring a MISA investor license without needing a local partner.
5. Obtain Additional Regulatory Approvals
Some sectors require extra clearances from authorities like:
- SFDA – Saudi Food & Drug Authority
- SAMA – Saudi Central Bank
- CITC – Communications and Information Technology Commission
6. Reserve Trade Name and Register CR
Once the license is issued, reserve your trade name via the Ministry of Commerce portal and complete the commercial registration process, ensuring smooth operation of your business under a MISA investor license without local partnership.
7. Establish Physical Office and Comply with Nitaqat
You must maintain a physical office in KSA and meet Saudization (Nitaqat) quotas, which vary based on your industry and company size.
Common Mistakes to Avoid
- Submitting unauthenticated or incomplete documents
- Choosing a restricted business activity
- Underestimating Saudization compliance
- Delaying regulatory approvals for niche sectors
FAQs About MISA Licensing Without a Local Partner
Can I get the license from outside Saudi Arabia?
Yes, you can start the application remotely through MISA’s e-portal. However, final CR registration requires a local office address, allowing the benefits of obtaining a MISA investor license without a local partner.
How long does it take?
If documents are complete, you can get your MISA license in 5–10 business days. Full setup (including CR) may take up to 4–6 weeks.
Do I need a Saudi sponsor for a bank account?
No. With a MISA license and CR, you can open a business bank account in your company’s name.
Conclusion
Getting a MISA investor license without a Saudi partner is not only possible—it’s encouraged in many sectors as part of Saudi Arabia’s economic transformation. If your business aligns with the eligible industries, and you’ve prepared your documentation properly, you can set up and own 100% of your company in KSA.