Frequently Asked Questions

Frequently Asked Questions

We have collected the most frequently asked questions from customers and collected them on the Frequently Asked Questions page located at the bottom of the page. We are happy to answer your inquiries and questions at any time.

The Saudi partner must have a license to practice the profession, and the foreign partner must be a legal person (company) that has been practicing the same profession for a period of no less than 10 years, and the Saudi partner’s share in the company’s articles of incorporation must not be less than 25%.

The institution can be converted into a company electronically, and the institution can also be converted into a one-person company under a limited liability or closed joint stock entity.

This can be done by completing the incorporation procedures from corporate services and notarizing the contract from a notary or a certified notary. The licensing and incorporation publication procedures must also be completed, the transformational constituent assembly must be completed, and one of the partners or their representatives must attend the Ministry of Commerce, along with paying government costs.
The company’s articles of incorporation can be amended electronically by making the amendment, the decisions of the partners, and drafting the decision of the partners or the company director according to the validity of the articles of incorporation. Through this, the required amendments can be made, such as increasing or decreasing capital, transferring from one entity to another entity, amending the trade name, or introducing or exiting partners. partners.

Trade names can be reserved through the business portal and choosing the desired name. The application will be studied by auditors at the Ministry of Commerce, and if accepted, the applicant will be given 60 days to register it in the commercial registry.

A discount license can be issued electronically by adding shops and submitting a discount license application stating the type of discount, the commercial registry through which the products are to be discounted, specifying the duration of the discount, specifying a list of products, and after paying the government fees, the license is issued, with the importance of placing it in a prominent place in the commercial store during the discount period.
The commercial register must be consistent with the agency’s activity and the contract must be certified by the Chamber of Commerce. If the company is foreign, the original contract must be certified by the Ministry of Foreign Affairs – the Chamber of Commerce in the client’s country, if any – the Saudi Embassy in the client’s country – the Saudi Ministry of Foreign Affairs – the Saudi Chamber of Commerce and after paying government fees. The commercial agency registration certificate is printed electronically.

The product must be manufactured in the Kingdom under an industrial license for industrial project products, and the percentage of local inputs to the product must not be less than 40% of its basic components. It should also be noted that the maximum limit for added products is a maximum of 3 product types per certificate.

It does not require a commercial register to issue a trademark.
The trademark is protected after registration for a renewable period of 10 years.
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