Capital Requirement Minimum Saudi Participation 2024
Shahmir Hussain
10 October 2024
Types of License, Minimum Capital Requirement & Minimum Saudi Participation (2024)
| No. | License Type | Minimum Capital (SR) | Minimum Saudi Participation (%) |
|---|---|---|---|
| 1 | Commercial with Saudi Partner |
~26.67M* | 25 |
| 100% Foreign Commercial | 30M | -- | |
| 2 | Communications | -- | 40 |
| 3 | Communications Value Added | -- | 30 |
| 4 | Insurance | -- | 40 |
| 5 | Reinsurance | -- | 40 |
| 6 | Property Financing | 200M | 40 |
| 7 | Property Investment | Value of project should be 30M+ | -- |
| 8 | Management of Construction projects, detailed engineering design and EPC contracts | -- | 25 |
| 9 | Public transport (buses) | 500k | 30 |
| 10 | Public transport (metro) | 500k | 20 |
| 11 | Joint Stock Company | 500k | -- |
| 12 | Joint Stock One Person Company | 5M | -- |
| 13 | Practice other transports activities | 10M | -- |
| 14 | Digital Brokerage | 2M | -- |
| 15 | Collection of financing agencies debts | 10M | -- |