Establishing a solidarity company

Ministry of Commerce

Proactive Service

An electronic service provided by the Ministry of Commerce through the Saudi Business Center platform, which enables beneficiaries to engage in commercial activities and establish a joint-stock company. This type of company is formed by two or more natural or legal entities who are individually liable for their own investments and collectively for the company's debts and obligations. A partner in such a company attains the status of a merchant. 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,

Service Level Agreement

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Log in to the Saudi Business Center platform
Choose the service of establishing a joint venture company
Click on Start Service
Determine the number of partners
Determine the status of the company (optional)
Applying for the service
The duration of the record, the location, activities and purposes of the company
Partner data
Commercial registry data
Company Data
Company management data
Company contract data
Order summary

The existence of a legal document, if one of the partners is a government agency, a civil institution, a charitable association, or an endowment, 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 not be cancelled or suspended, if one of the partners is a legal partner.
The age must not be less than 18 years, and if the partner is a minor, a guardianship deed must be submitted.
The partners must not be government employees.
The following must be verified if the company is a (professional) company: - The partners must have a valid professional license. - The percentage of licensed Saudi partners in the joint venture must not be less than 25%.- The percentage of licensed partners must not be less than 70%.

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.