What is a MISA License?

A MISA license (formerly SAGIA) is the gateway for foreign investors to establish businesses in Saudi Arabia with 100% foreign ownership. The Ministry of Investment of Saudi Arabia (MISA) oversees the licensing process, ensuring that foreign businesses meet the Kingdom's regulatory requirements while benefiting from its rapidly growing economy.

Who Needs a MISA License?

Any foreign entity or individual looking to start a business in Saudi Arabia must obtain a MISA license. This includes:

  • Foreign companies establishing a branch or subsidiary
  • Joint ventures with Saudi partners
  • Individual foreign entrepreneurs
  • Regional headquarters (RHQ) establishments

Types of MISA Licenses

1. Industrial License

For manufacturing and industrial activities. Requires a minimum capital of SAR 5 million and comes with additional incentives including land allocation in industrial cities.

2. Services License

For professional and consultancy services, IT, engineering, and other service-based businesses. Minimum capital requirements vary by activity.

3. Trading License

For wholesale and retail trading activities. Previously restricted, now available to foreign investors under Vision 2030 reforms.

Step-by-Step Application Process

  1. Pre-Application Consultation: Engage with MISA or an authorized advisor to determine the appropriate license type and activity codes.
  2. Document Preparation: Gather all required documents including company registration certificates, financial statements, and business plans.
  3. Online Application: Submit your application through MISA's online portal with all supporting documentation.
  4. Review & Approval: MISA reviews the application, which typically takes 5-14 business days.
  5. License Issuance: Upon approval, your MISA license is issued, allowing you to proceed with Commercial Registration.

Required Documents

  • Company incorporation certificate (apostilled)
  • Articles of Association
  • Financial statements (last 2 years)
  • Board resolution authorizing KSA investment
  • Business plan with financial projections
  • Passport copies of shareholders and directors

Costs & Timeline

The MISA license fee is SAR 2,000 per year. However, total setup costs including Commercial Registration, office lease, and related fees typically range from SAR 50,000 to SAR 150,000 depending on the business type and activities.

With SafaArban's direct government channels, we can expedite the process to as few as 14 business days — compared to the industry average of 30-60 days.

Why Choose SafaArban?

Our team of former MISA regulatory experts has a 100% approval rate across 500+ applications. We handle the complexity so you can focus on your business.