Standard Incentive

وصف الخدمة

The Standard Incentive come within the framework of the kingdom’s continuous efforts to achieve the target of Saudi Vision 2030, by enhancing economic growth, diversifying national income sources, empowering the industrial sector to be more attractive to local and international investments, and enhancing the competitive capabilities of the Saudi industry to make the Kingdom a global industrial destination.

الشروط و الأحكام

التعهد و الإطلاع و الموافقة على الشروط التالية:

المستندات المطلوبة

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    Commercial Registration

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    Articles of Association or Memorandum of Association or Bylaws

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    Industrial License (if any)

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    Audited Financials for the past 3 years

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    Latest in-house financials

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    National Address

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    Company Profile

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    IBAN Certificate

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    Supporting documents for experience in implementing similar projects

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    Patent or intellectual property ownership rights or the contract (if any)

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    Bank statements for the last year

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    Supporting documents related to the personal net worth

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    Company ownership structure

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    CVs of key owners

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    Passport for Foreign Direct and Indirect owners

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    Signed non-objection letter

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    Credit Bureau report for foreign parent companies & foreign individuals

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    CVs of project team

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    **Financial model for the project

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    Technical assessment and 3 quotations supporting the estimation of the initial investment

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    Bankable Feasibility study for the project

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    Detailed implementation plan

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    Land Lease Agreement and/or Title Deed (if any)

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    Authorization from the company to person responsible for applying for the program

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    Power of Attorney to the authorized person for signing

المتطلبات

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    An eligible product to be manufactured within the planned project (new facility or expansion of existing)

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    Minimum equity participation in project financing of 25% of initial investment

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    Acceptable financial position

مدة تنفيذ الخدمة

9 weeks

دليل المستثمر