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Licensing Services
Licensing Services
Concept of Licensing Services
Concept of Licensing Services

Commercial licenses in Saudi Arabia provide investors and entrepreneurs with the opportunity to establish their companies and manage their businesses in a legal and organized manner. These licenses define the scope of commercial activities, ensure compliance with local and international laws and regulations, and offer legal protection for business operations.

About Service:

Investors in the Saudi financial market need to obtain the required licenses to practice business.

Practice procedures begin in a regulatory environment by submitting an application to the Financial Market Authority and the Central Bank.

At Esnad Financial Company, we:

Handling the licensing process on behalf of the client by preparing the required documents as requested by the Capital Market Authority and the Central Bank.

Target groups
Target groups:
Public bodies (government)

Includes ministries, government agencies and institutions.

Private companies & institutions

Includes businesses, both family and public, and non-profit institutions.

Stakeholders:

It includes employees, beneficiaries, customers, and suppliers.

Target groups

Public bodies (government)

Includes ministries, government agencies and institutions.

Private companies and institutions

Includes businesses, both family and public, and non-profit institutions.

Stakeholders:

It includes employees, beneficiaries, customers, and suppliers.

Importance of Licenses
Importance of Licenses :
Regulation and Legitimacy:

– Licensing services help organize commercial and industrial activities.

– They ensure that businesses operate in accordance with local and international laws and regulations.

Protection and Safety:

– They help establish safety, quality, and environmental requirements.

– They protect investors and the community from risks and violations.

Facilitation of Business:

– They contribute to speeding up the process of starting and operating projects.

– They provide the necessary legal and administrative framework for businesses.

Business Facilitation:

– They enhance the region’s attractiveness to investors.

– They provide legal security and transparency for businesses.

Regulation and Legitimacy:

– Licensing services help organize commercial and industrial activities.

– They ensure that businesses operate in accordance with local and international laws and regulations.

Protection and Safety:

– They help establish safety, quality, and environmental requirements.

– They protect investors and the community from risks and violations.

Facilitation of Business:

– They contribute to speeding up the process of starting and operating projects.

– They provide the necessary legal and administrative framework for businesses.

Business Facilitation:

– They enhance the region’s attractiveness to investors.

– They provide legal security and transparency for businesses.

Our Licensing Services Include:
Our Licensing Services Include:
Filling out the forms required by the Financial Market Authority and the Central Bank.
Preparing a business plan based on the applicant’s activity.
Preparing the financial model for the first twelve months and for the next five years.
Ensuring the availability of required documents and communicating with the Financial Market Authority and the Central Bank.
Ensuring the capability and suitability of the board of directors, senior executives, and company staff.
Following up with the applicant to obtain the foundational contracts.
Following up with the Financial Market Authority and the Central Bank until receiving the activity practice letter.
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