The Joint Stock Company’s Establishment (Saudi or Gulf) X Description Companies Business sector Proactive An electronic service by the Saudi Business Center, which enables beneficiaries to commence commercial activities and establish a joint-stock company. This type of company can be founded by one or more individuals or legal entities, with its capital segmented into tradable shares. The company is solely liable for its debts and obligations resulting from its operations, while the shareholder's liability is confined to the value of the shares they have subscribed to. The service facilitates the following processes: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.Electronically, without the need to visit the branch of the Saudi Business Center or the Ministry branches.Note: When performing the service and printing the CR, an identification number for the facility is obtained from the partner government agencies mentioned above, which you will need in the future automatically, as shown in the form. Click here. Service level agreement Steps Conditions Required Documents Enter the Saudi Business Center platform Choose the service of establishing a joint stock company Click on Start Service Identify the founders Determine the status of the company (optional) Applying for the service The duration of the record, the location, activities and purposes of the company Founders data Commercial registry data Company Data Company management data Basic system data Order summary (Guide Page 18) The age shall not be less than 18 years, and in the event that the applicant is a minor under the age of puberty, the guardianship deed shall be submitted. The partners should not be government employees. The commercial registration shall not be canceled, suspended or terminated, if one of the partners is a legal partner. The issued capital shall not be less than 500,000 SAR, and the paid-up capital shall not be less than a quarter. 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. Start Beneficiary Group Merchant Duration of service immediately The service is provided in Arabic and English Service Delivery Channels website Service Fees 1600 Saudi riyals for issuing the register for one year, in addition to 500 Saudi riyals for publication fees - Chamber of Commerce 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 Download service guide The Joint Stock Company’s Establishment (Saudi or Gulf) Rate: 3.6 / 5 Number of votes: 38 Add Comment Dear customer, if you are unable to obtain the service electronically after a full working day, you can benefit from the service through the digital branch service. To access the digital branch (click here ) Related Services Renewal of the Commercial Register of Companies Modifying the system of a simplified joint stock company Transformation from an establishment / branch of an establishment / branch of a company to a company Publication of the decisions of the extraordinary associations Updating Shareholders Register Self-assessment of the level of corporate governance Translation of Articles of Incorporation Partners' decision to abandon incorporation Partners' decision to merge the company Transformation of the legal entity of the company into another entity Company liquidation Amendments to Articles of Association Incorporation of a simplified joint stock company (Saudi or Gulf) Amending a company contract Establishing a joint venture company (Saudi or Gulf) Establishing a Limited Partnership Company (Saudi or Gulf) Establishment of a Limited Liability Company (Saudi or Gulf) Transformation from a company to an enterprise Informing the shareholder of the number of his shares in the company Special purpose entities own shares in existing companies Establishment of special purpose entities for companies Comments( 1 ) 22 Jun 2023 12:00 AM The service is great Reply: Dear Customer of the Ministry of Commerce - We are glad to serve you. Escalation × Please sign in to use this service Escalation × Add Comment × Required Field Required Field Last Modified 25 Dec 2018 ShareMC