Activity eligibility check
Indian IT, SaaS and services businesses are usually open to 100% ownership; we confirm yours first.
India
MISA licence
MISA licensing for Saudi Arabia from India, lined up with your ODI
For an Indian investor, the MISA filing and the ODI filing are two halves of one job. Your AD bank issues the UIN and handles the Indian reporting; we prepare your Indian papers for Saudi use, file the MISA registration under your power of attorney and give your bank the Saudi documents it needs.
- Timed with your AD bank
- Calls in IST
- Fixed fee, set before we start
The short answerAn Indian company, LLP or resident individual gets a MISA licence, now MISA investment registration, by filing apostilled Indian documents with Saudi Arabia's Ministry of Investment. On the Indian side the investment is an ODI: it goes through one designated AD bank, which issues a UIN for the Saudi company before money moves.
Two filings, one timeline
How MISA and ODI fit together for an Indian investor
An Indian investor runs two filings side by side: MISA registration in Riyadh, which we handle, and the ODI with one AD bank, handled by your bank and CA. Your Form FC goes to that bank and the UIN comes before any money moves. The MISA side starts only once your Indian papers carry the MEA apostille.
| Stage | In India (your AD bank and CA) | In Saudi Arabia (us) |
|---|---|---|
| Before filing | Board resolution; choose one AD bank | Activity checked against MISA's rules |
| Documents | MEA apostille through outsourced agencies | Arabic translation, MISA application |
| Approval | Form FC filed; UIN issued before money moves | MISA approval; fee paid within 15 business days |
| After | Evidence of investment within six months; APR by 31 December | Commercial Registration, then activation |
What we handle
MISA services for Indian investors
MISA work for an Indian company or LLP starts with the activity check and the filing. It also covers the Saudi papers your AD bank needs for the UIN and, later, for the evidence of investment.
MISA registration filing
Filed online from your apostilled Indian papers.
Special-category activities
Trading, engineering consultancy and other activities with MISA capital or experience conditions.
Documents for your AD bank
The Saudi papers your bank needs for the UIN and the evidence of investment.
Annual MISA update
The yearly update and fee, alongside your APR date in India; your company must still be active on the MCA register.
Amendments
New Indian shareholders or a capital change recorded with MISA, then on the CR.
Numbers to plan with
The limits and timings Indian investors work to
Indian investors plan around two Indian limits, 400% of net worth for a company's ODI and USD 250,000 a year under LRS for individuals. On the Saudi side, the clock is MISA's own, and once MISA approves, the Saudi subsidiary for your Indian company moves to the CR.
400%Of net worth on the last audited balance sheet: an Indian company's ODI limit under the automatic routeRBI Master Direction, Overseas Investment
USD 250,000A financial year: a resident individual's LRS limit, ODI includedRBI, LRS limit
10 working daysMISA's processing estimate for a complete fileMISA Investor Guide (2026)
15 business daysWindow to settle the MISA fee once approvedMISA Investor Guide (2026)
Papers from India
Documents for MISA registration from India
An Indian company registering with MISA sends six documents from its MCA file and board. MISA's 2026 guide names two of them outright: the investor's commercial registration and its financial statements for the last fiscal year, plus the parent's registration if your Indian company is owned by a company of another nationality. LLPs and resident individuals send different papers, noted below.
Certificate of IncorporationFrom the Ministry of Corporate Affairs
MoA and AoAThe current version
Audited financial statementsLast financial year
Board resolutionOur requirement, for the articles and the power of attorney
Power of attorneyNotarised and apostilled
PassportsFor directors signing and the manager
An LLP sends its incorporation papers, LLP agreement and a partners' resolution instead. Resident individuals send a passport and a bank reference. Co-investors from outside India follow our MISA registration guide for foreign investors.
MISA questions from India
What Indian companies ask about MISA
Is MISA registration the same as the old MISA licence?
Yes, it replaced the licence in February 2025. Indian investors still register with MISA before forming the company.
Does MISA ask for anything about our ODI?
No, MISA looks at the investor and the activity. The ODI is handled by your AD bank, which needs our Saudi documents for its own filings.
Which comes first, the UIN or MISA?
They run in parallel. Your AD bank files Form FC to get the UIN, which must be in place before any remittance, so in practice after MISA and the CR.
Can an Indian LLP register with MISA?
An Indian LLP invests as an Indian entity and registers with MISA the same way a company does.
Is there a MISA minimum capital for Indian IT companies?
Software and IT services carry no MISA minimum capital, so an Indian IT company sets capital by its own business plan.
How long does MISA take for an Indian file?
MISA aims for 10 working days once the file is complete. Getting the MEA apostille in India usually takes longer than MISA's own review.
When does MISA ask for its fee?
MISA asks for its fee on approval; it is payable within 15 business days, and an annual update fee follows. We quote the confirmed figure.
Across India
MISA registration for investors in every Indian city
MISA filings are made online, so Bengaluru, Mumbai and Kochi all follow the same route. We book calls in IST, two and a half hours ahead of Riyadh. The whole route, from ODI to Iqama, is on our Saudi company formation from India page.
MumbaiMISA filed online; calls in IST
Delhi NCRMISA filed online; calls in IST
BengaluruMISA filed online; calls in IST
HyderabadMISA filed online; calls in IST
ChennaiMISA filed online; calls in IST
PuneMISA filed online; calls in IST
AhmedabadMISA filed online; calls in IST
KochiMISA filed online; calls in IST
KolkataMISA filed online; calls in IST
JaipurMISA filed online; calls in IST
ChandigarhMISA filed online; calls in IST
NRIs in the GulfInvesting money held abroad
India desk · calls in IST
Line up your MISA filing with your ODI
Tell us the entity investing and the Saudi activity. We reply within one working day with the route and a fixed fee in writing.