Ministry of Commerce
An electronic service provided by the Saudi Business Center, which enables beneficiaries to engage in commercial activities and set up a limited liability company. This type of company can be founded by one or more individuals or entities, with its liability separate from the personal financial liability of its partners or owners. The company is solely accountable for its debts and obligations resulting from its operations, and the liability of each owner or partner is limited to their contribution to the capital. The service accomplishes the following:
Issuance of the commercial register and articles of incorporation.
Issuance of an immediate commercial license (optional).
Opening an establishment file with the Ministry of Human Resources and Social Development.
Register for zakat through the electronic portal of the Zakat, Tax and Customs Authority.
Registering the establishment with the General Organization for Social Insurance.
Registration at the national address at the Saudi Post is ways.
Registration in Chambers of Commerce by location.
Existence of a legal document in the event that one of the partners is a government agency, a civil institution, a charitable association, or an endowment; To give him the right to establish a company or participate in a company.
The existence of a license from the Central Bank of Saudi Arabia, if the activity requires it.