Transformation from an establishment to a company X Description Merchant Companies business sector An electronic service provided by the Ministry of Commerce through the Saudi Business Center platform that allows beneficiaries to convert an establishment into a company without having to visit service centers. Service level agreement Steps Conditions Required Documents Log in to the Saudi Business Center platform. Select the service to convert from a sole proprietorship to a company. Click "Start Service." Specify the number of partners. Specify the company's status (optional). Apply for the service. Registration period, company headquarters, activities, and purposes. Partner information. Commercial registration information. Company information. Company management information. Company contract information. Request summary. The existence of a legal document, if one of the partners is a government entity, entitling them to establish a company or participate in one. The existence of a license or preliminary approval from the Saudi Central Bank, if the activity requires it. The commercial registration must be active. The commercial registration must not be cancelled or suspended, if one of the partners is a legal partner. The applicant must be at least 18 years old. If the partner is a minor, a guardianship deed must be submitted. The applicant must not be a government employee. The existence of a waiver decision from the owner of the establishment, if the applicant is not a partner in the establishment. The applicant must be the owner of the establishment or have an electronic authorization from him. The following must be verified if the establishment is a professional establishment: - The partners must have a valid professional license. - The percentage of licensed Saudi partners in the joint-stock establishment must not be less than 25%. - The percentage of licensed partners must not be less than 70%." In the event of a foreign partner, a valid investment registration certificate from the Ministry of Investment must be attached. 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. Having a professional license if the company is professional. A valid investment registration certificate is required if there is a foreign partner. Start Beneficiary Group Merchant Duration of service 1 days The service is provided in Arabic and English Service Delivery Channels website Launch Date 03 Apr 2025 Service Fees 1,600 for a joint-stock company or simplified joint-stock company 1,200 for a limited liability company 1,000 for a general partnership or limited partnership 500 for publication fees 15% VAT Pay Methods For Frequently Asked Questions Click Here You can call the unified number 1900 To contact via e-mail cs@mc.gov.sa For more communication channels, click here Transformation from an establishment to a company Rate: 5 / 5 Number of votes: 1 Add Comment Related Services Updating Shareholders Register Self-assessment of the level of corporate governance Amendments to Articles of Association Establish a joint stock company Incorporation of a simplified joint stock company Establishing a solidarity company Establish a simple company Establish a limited liability company Informing the shareholder of the number of his shares in the company Establishing a Company Under an Investment License Establishing a company by the Cities and Special Economic Zones Authority license Publication of Extraordinary Assembly Resolutions Escalation × Please sign in to use this service Escalation × Add Comment × Last Modified 25 Dec 2018 ShareMC