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II. Instructions for Applying for a License to Practice Finance Support Activities

Effective from Apr 19 2025 - Apr 18 2025
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  1. The license application form must not be modified in any way. The license application and a copy must be submitted by the founders or their duly authorized representatives.
  2. The required forms and documents stated in the license application form must be submitted in paper or electronic format, as the checklist indicates.
  3. The terms and phrases mentioned in the license application form must have the same meanings stated in the Rules of Licensing Finance Support Activities. The term "applicant" must mean the founders or representatives of the company applying to obtain the approval of SAMA to complete the incorporation procedures and obtain a license to practice finance support activities.
  4. The applicant must ensure that the information provided is valid, accurate, comprehensive, and complete. Providing SAMA with false information or failing to disclose material information that should have been disclosed for licensing purposes is considered a violation of the Rules of Licensing Finance Support Activities and may result in the rejection or cancelation of the application.
  5. The license application and any inquiries about it can be submitted to the following e-mail: LICFCC@SAMA.GOV.SA