Establish a joint stock company X Description Companies Business sector Proactive An electronic service provided by the Ministry of Commerce through the Saudi Business Center platform, 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:Recording of the commercial registration and the articles of association / bylaws.Publication of the contract in "A'mali" newspaper.Opening a business file with the Ministry of Human Resources and Social Development.Registration with the Zakat, Tax, and Customs Authority.Registration with Social Insurance.Subscription to the Official Business Address with Saudi Post | SPL.Subscription to the Chamber 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 Review the application summary and approve the declaration, then click on "Send Application" if there are no comments on the contract, or click on "Create Draft Contract" If "Create Draft Contract" is selected, the applicant will be notified by a text message stating its completion and provided with a tracking number, which can be printed or modified, then click on "Send Application" if there are no comments to complete the rest of the procedures 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 SAR 1600 for the commercial registrationSAR 500 for publication fees15% 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 Establish a joint stock company Rate: 3.5 / 5 Number of votes: 39 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 Updating Shareholders Register Self-assessment of the level of corporate governance Amendments to Articles of Association 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 Transformation from an establishment to a company Establishing a company by the Cities and Special Economic Zones Authority license Publication of Extraordinary Assembly Resolutions 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