Establishing a joint venture company (Saudi or Gulf)

Description

Merchant

companies

Business sector

This service enables the investor to start practicing commercial activity and establish a joint venture company, which is established by two or more persons of natural or legal capacity; In which they are personally responsible for all their money and jointly for the company’s debts and obligations, and the partner in it acquires the status of a merchant, and through the service the following is done:

  • 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

The service is provided through the Saudi Business Center.


Start
Beneficiary Group
  • Merchant
Duration of service

immediately

Service Delivery Channels

website

Service Fees

800 Saudi riyals, plus 500 Saudi riyals for publication fees + 15% added tax

Pay Methods
Rate: 3.5 / 5 Number of votes: 8


Last Modified 25 Dec 2018
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