Ready to start your startup journey in Saudi Arabia?
Turn your idea into a licensed startup in Saudi Arabia with the support of StartSmart Hub.
This service aims to
Facilitating the process of obtaining entrepreneurial licenses for foreign startups.
Localizing promising startups and boosting their launch in the Saudi market to support and develop the economy.
Assisting entrepreneurs in accessing available investment opportunities in Saudi Arabia.
Who benefits from the entrepreneurship license service?
Existing foreign startups operating in technology and innovation, capable of expansion and growth, offering a better or unique product or service in the Saudi market.
Additional information about the license
The entrepreneurial license is valid for one year and is renewable annually for the first five years with the approval of the supervising authority.
There is a fee determined by the Ministry of Investment.
License applications must be supported by an accredited entity such as Start Smart, which will provide the entrepreneur with a letter of support containing information about the startup.
For more information, please visit the Ministry of Investment's website.