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Legal Support
Posted on March 02, 2021
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Legal Support

Saudi export incentives program

The Saudi export incentives program provides compensation for fees for specialized legal advice and The Saudi export incentives program provides  legal expertise in target markets.

Activities covered by Saudi export incentives program

Explaining the rules and regulations of trade in foreign markets, such as: (tax laws), determining commercial restrictions and determining the legal risks of import and export, in addition to preparing model legal documents for export, negotiating import and export agreements, in addition to commercial arbitration, mediation and dispute settlement.

The most important conditions for using the service

  • The applicant must be a customer of the authority registered on the website of the Saudi Export Development Authority.
  • The customer has completed the export readiness assessment.
  • That the client’s facility has completed a year or more of carrying out its activity since its inception.
  • The client’s establishment does not have to prohibit activity, or that the client’s establishment is under liquidation or bankruptcy.
  • The customer does not have any financial obligations to the authority.

General policies for Saudi export incentives program

  • Disbursement requirements are submitted within 4 months of the application approval date.
  • Any request after the specified period will not be considered, except if the client has a valid justification and there is still a budget available after the expiry of the period.
  • Submitting the application before using the service.
  • That the client submits periodic reports on the extent of his benefit from the incentive, upon request.
  • The customer must explain the need for the incentive by presenting the expected result from receiving
  • the incentive within the demand, for example: (the percentage of increase in sales, the formation of experiences in certain areas and certain markets, expansion into specific markets, etc.).
  • A customer can benefit from the incentive, with a maximum of 3 requests per year.

The documents required to submit the application

  • An extract from the commercial registry issued in the past six months.
  • An authorization letter issued by the facility, a legitimate agency, or a similar document, and a copy of the identity of the person submitting the incentive request on behalf of the establishment (and in the event that the applicant is the owner, a copy of the identity only).

Required documents after completing the service

  • Exchange request form.
  • Certified form of the company’s bank account.
  • The original invoice for the fees paid.
  • An extract from the commercial registry issued in the past six months.
  • Final legal reports.

Deadline for submitting documents: 4 months from the date of approval of the application.

SanedCert

SanedCert was established in Egypt in 2019 with  Egyptian and Saudi branches, to provide Consultancy service and Technical support to the companies that target the Saudi and Gulf Markets, by helping to obtain conformity certificates, and meet the requirements of the Saudi and Gulf technical regulations for imported products, we help across all the steps starting from preparing required documents and registration, check and test the conformity of the product to relevant standards, and follow up to obtain the conformity certificates.

WHY SANEDCERT?

  • We are committed to quality, innovation, efficiency, and continuous development.
  • We have deep extensive experience in our field.
  • Our team members are multi-skilled, have attention to details, and do their jobs perfectly.
  • Our clients are the core of all what we do and their satisfaction is our priority.
  • Availability and continuous support for our customers.

SanedCert will help you:

  • providing all consultancy services and needed technical support through the registration process.
  • Helping to fill the registration application

Follow up to obtain the certificates