Yes, foreign investors can fully own companies in Saudi Arabia, subject to licensing by the Ministry of Investment (MISA).

Based on business activities, MISA offers Industrial, Service, Commercial, Professional, Real Estate, Scientific and Technical Office licenses, and others.

A business plan, financial projections, ownership structure, and supporting documents must be submitted via MISA’s online portal.

Registration is completed online by submitting company details, shareholder documents, and Articles of Incorporation. Upon approval, an investment license is issued.