π Executive Overview
This roadmap outlines the complete process for establishing a tripartite manufacturing joint venture in Saudi Arabia. The legal structure includes three parties: Saudi Partner (70%), OXCOMM UK (19.2%), and NTT Groups (9.6%) as operating partner.
TRIPARTITE LEGAL STRUCTURE (MISA REGISTRATION)
πΈπ¦ Saudi Partner Co. (TBD)
70%
SIDF Financing Anchor
No Pocket Investment
Government Relations
π¬π§ OXCOMM UK Ltd
19.2%
64% of Foreign 30%
Startup Investment
Technology & Manufacturing IP
π NTT Groups
9.6%
32% of Foreign 30%
Operating Partner (No Investment)
Local Management
π INVESTMENT FLOW SEQUENCE
OXCOMM Invests
Startup capital
JV Formation
3 partners registered
SIDF Application
Saudi Partner applies
SIDF Funds
SAR 70M released
Operations
Manufacturing begins
π Required Licenses & Permits
| License Type | Issuing Authority | Purpose | Timeline |
|---|---|---|---|
| MISA Investment License | Ministry of Investment (MISA) | Foreign investment authorization - ALL 3 PARTNERS registered | 5-10 days |
| Industrial License (Preliminary) | Ministry of Industry (MIM) | Authorization to establish industrial project | 5-15 days |
| Commercial Registration (CR) | Ministry of Commerce | Legal company registration with tripartite structure | 1-3 days |
| MODON Land Allocation | Saudi Authority for Industrial Cities | Industrial land lease in designated city | 2-4 weeks |
| SIDF Financing | Saudi Industrial Development Fund | 70% financing for Saudi Partner (SAR 70M) | 4-8 weeks |
| Operating License | MODON / Civil Defense | Safety compliance certification | 2-4 weeks |
Tripartite Registration
MISA registration will include all three company names: Saudi Partner Co., OXCOMM UK Ltd, and NTT Groups (or NTT subsidiary). Brand will operate as OXCOMM Saudi.
π Step-by-Step Licensing Process
Partner Agreement
Finalize tripartite JV agreement between Saudi Partner, OXCOMM UK, and NTT Groups. Define roles, investment, and profit sharing.
1-2 WeeksDocument Preparation
OXCOMM UK documents apostilled. NTT Groups documents prepared. Saudi Partner documents gathered.
2-3 WeeksMISA License Application
Submit tripartite application with all 3 partners. Receive foreign investment license.
5-10 DaysCompany Registration
Register JV with Ministry of Commerce. All 3 partners on CR. Open corporate bank account.
1-2 WeeksIndustrial License (MIM)
Apply for manufacturing authorization. Submit feasibility study and technical documentation.
2-3 WeeksSIDF Financing
Saudi Partner applies for 70% financing. SAR 70M released for project execution.
4-8 WeeksFacility Setup
MODON land allocation. Building construction. Equipment installation by OXCOMM.
3-6 MonthsOperations Launch
Operating license. Production begins. NTT Groups manages local operations.
2-4 Weeksπ¬π§ Documents Required from OXCOMM UK
-
Certificate of Incorporation
Apostilled by UK Foreign Office, legalized by Saudi Embassy -
Memorandum & Articles of Association
Company bylaws and governance documents -
Board Resolution
Resolution authorizing Saudi JV with NTT Groups and Saudi Partner -
Financial Statements (3 Years)
Audited by internationally recognized firm -
Power of Attorney
Authorizing NTT Groups to represent OXCOMM UK locally -
Good Standing Certificate
From UK Companies House -
Directors Passport Copies
All directors and authorized signatories -
Technology Transfer Agreement
IP licensing and manufacturing know-how documentation
Documents from NTT Groups
- Company Registration - NTT Groups or designated subsidiary
- Board Resolution - Authorizing JV participation as operating partner
- Management Team CVs - Eng. Mohammad Shakil and key personnel
- Operating Agreement - Defining management responsibilities
Important: Document Authentication
All UK documents must be apostilled by UK Foreign Office and legalized by Saudi Embassy in London. Processing time: 2-3 weeks. NTT Groups documents if from another jurisdiction will need similar authentication.
π° Cost Breakdown
Government Fees
Consultant & Professional Fees
TOTAL ESTIMATED SETUP COST
Startup Investment by OXCOMM UK
As agreed, OXCOMM UK will provide startup investment for company formation and initial setup. NTT Groups participates as operating partner without investment. Saudi Partner's contribution comes via SIDF financing.
π¦ SIDF Financing for Saudi Partner
Saudi Partner: Zero Pocket Investment
The Saudi Partner (70% ownership) will utilize SIDF financing for their entire contribution. No personal/pocket investment required from Saudi Partner. SIDF funds released after company formation and OXCOMM's initial investment.
SIDF Loan Terms
| Parameter | Terms |
|---|---|
| Financing Amount | SAR 70M (70% of SAR 100M project) |
| Recipient | Saudi Partner Co. (on behalf of JV) |
| Interest Rate | 2-3% administrative fee (Islamic financing) |
| Repayment Period | 10-15 years with 2-3 year grace period |
| Collateral | Land, buildings, equipment, corporate guarantee |
| Processing Time | 4-8 weeks from complete application |
SIDF Eligibility (β Qualified)
- 70% Saudi Ownership - Exceeds minimum requirement
- Manufacturing Activity - AI-powered security equipment
- Vision 2030 Aligned - Technology transfer, job creation
- Localization - 60%+ local content target
- Job Creation - 200+ positions, 50%+ Saudi workforce