Effective from Jun 13 2023 - Jun 12 2023 To view other versions open the versions tab on the right
(1)
Applicants must establish the Licensee as a joint stock company if the applicant is either a major PI, a major EMI, or a micro EMI.
(2)
In the case of an Applicant applying for a License as a Micro PI, it should be either as a joint stock company or as a simplified joint-stock or as a limited liability company.
(3)
Applicants must complete the establishment within one hundred and eighty days of granting the in-principle approval and provide SAMA with copies of the Licensee’s commercial registration and article of association, reflecting the licensed activities in accordance with the in-principle approval.
