This service enables the investor to start operating the commercial activity and establish a “Simplified Stock Company” by a juridical or natural person or more, and its capital is divided into negotiable shares, the provisions of the Joint Stock Companies shall apply to them unless a specific provision is mentioned therein, and through the service, the following is done:

• Issuance of commercial registration and company contract.
• Issuance of instant municipal commercial license (optional).
• Open a facility file at the Ministry of Human Resource and Social Development.
• Zakat Registration via Zakat, Tax and Customs Authority E-gate.
• Facility’s registration in the General Organization for Social Insurance.
• Official Business Address registration at Saudi Post “SPL”.
• Chamber of Commerce registration by location.

The existence of a legal document in case one of the partners is a government entity, non-governmental organization, charity committee, or waqf, to authorize him to establish a company or participate in a company.

The existence of a license from the Saudi Central Bank in case the activity required that.

• The age must not be less than 18 years old, and in case the applicant was a minor, the guardian deed must be submitted.
• The partners must not be government employee.
• The commercial registration must not be written off, suspended, or expired, in case one of the partners is a juridical partner.
• The following requirements must be met if the company's type is "Professional":

- A valid professional license must be held by the entities and individual professionals establishing the company.

- The existence of at least one licensee among the shareholders for each profession related to the practice of the professional company's activities.

- The percentage of licensed Saudi shareholders must be at least 25% if the company is mixed.

- The percentage of licensed shareholders must be at least 70% of the company's capital shares.