servicesBox.Just 24000 servicesBox.Point

The Partnership Companys Establishment

Ministry of Commerce

2000 SAR

This service enables the investor to start operating the commercial activity and establish a Partnership Company, established by two juridical or natural persons or more. They are personally responsible for all their funds and in solidarity with the debts and obligations of the company, and their partner acquires merchant status, and through the service, the following is done:

  • Issuance of commercial registration and memorandum of association.
  • 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.

servicesBox.ServiceRequirements

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.
  • 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 must be verified, in case the type of the company is (Professional):

  1. The existence of a valid occupational license for the partners.
  2. In the case of the Mixed Company, the percentage of the Saudi licensed partner must not be less than 25%.
  3. The percentage of licensed partners must not be less than 70%.

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The Partnership Companys Establishment
2000 SAR