Streamlined Invested Procedures
Projects Licenses
Prime Minister’s Decree No. 982 of 2022 was issued to streamline procedures and ease processes for investors, requiring all competent entities to accept applications for the approvals, permits, or licenses needed to establish or operate new investment projects, or to expand existing ones, and to issue a decision within 20 working days from the date a complete application is submitted.
Licensing Procedures
Step 1: Technical Review and Fee Payment
Submit Required Documents
The required documents are delivered to the designated representatives of the competent authorities, followed by a technical review of the documents.
Receipt Confirmation
Each representative shall confirm and record receipt of the documents using the designated electronic system established for this purpose.
Technical Review
The representative shall determine whether the application is complete and acceptable. or additional documentation is required, within two (2) working days.
Payment of Fees
The investor is required to pay the applicable fees, either via the bank or any other approved electronic payment method, if the documents are complete.
Licensing Procedures
Step 2: Receiving the Required Approvals
Issuing the Approval
The competent authority shall issue the required approval, permit, or license, and record the approval on electronic system
Approval Notification
The investor shall be formally notified that the required approval has been issued and may collect it from the Licenses Unit at GAFI.
Issuing Required Approvals
Where the competent authority does not issue the required approval, the Licenses Unit at GAFI shall issue the approval and provide it to the investor.
Licensing Authorities
Pursuant to Investment Law No. 72 of 2017 officials from relevant entities or public utilities are assigned to the Investors Service Centers (ISCs), granting them the power to issue all necessary approvals, permits, and licenses, including real estate allocation, to enable investors to start their activities under the law.
Licensing Entities at ISC
Entities that are authorized to issue the relevant approvals/permits/licenses through their Representatives at ISC.
Non-Licensing Entities
Entities that are not authorized to issue the relevant approvals/permits/licenses through their Representatives at ISC.
Internal Accreditation
Entities requiring their Board of Directors or their Ad-hoc Committees to convene and deliberate on whether to issue approvals/permits/licenses.
