![]() The Authority shall make a decision about the investment application within thirty days after the completion of documents provided for in the Rules. Without prejudice to the requirements of regulations and agreements, the Authority shall issue a license for a Foreign Capital Investment in any investment activity in the Kingdom, whether permanent or temporary. The Rules: The Rules of Implementation of this Act. Service Facilities: Service and construction projects. Production Facilities: Projects for the production of industrial and agricultural products (plant and animal). ![]() Legal rights i.e., licenses, intellectual properties, technical know-how, administrative skills and production techniques.Machinery, equipment, supplies, spare-parts, means of transportation and production requirements relevant to the investment.Foreign investment profits if they are invested to increase the capital, expansion of existing projects or establishment of new projects.Money, securities and commercial instruments.The Govenor The Governor of the General Investment Authority and Chairman of the Board of Directors.įoreign Investor: The natural person of non-Saudi nationality or otherwise the body corporate, where all partners are non- Saudi nationals.įoreign Investment: Investment of Foreign Capital in a licensed activity under this Act.įoreign Capital: The Foreign Capital in this Act shall mean, for example but not limited to, the following funds and rights as long as they are possessed by a Foreign Investor: The Authority: The General Investment Authority. The Council: The Supreme Economic Council.īoard of Directors: The Board of Directors of the General Investment Authority. The following expressions and terms shall have the meaning ascribed beside each, unless the context deems otherwise: ANNEX (B): Negative List - (Activities excluded from Foreign Investment).Sixth: Obligations of the Foreign Investor.Fourth: Licensing Conditions and Criteria.Third: Benefits, Incentives and Guarantees.Foreign Investment Act - Executive Rules.The Arabic version is the governing text. The English version of this document is for guidance only. Law of Procedure Before Shari'ah Courts.Foreign Investment Act and Executive Rules.Cooperative Insurance Companies Control Law.Bureau of Investigation and Prosecution.
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