Establishing a simple limited partnership (Saudi or Gulf)

This service enables the investor to start practicing the commercial activity and establish a simple limited partnership, consisting of two teams (the joint partner), who is responsible for the company’s debts and obligations, and (the testator), who is only responsible within the limits of his share in the capital. Through the service, the following is done:

1-Issuance of the commercial register and the articles of association.

2-Issuance of an immediate commercial license (optional).

3- Opening an establishment file with the Ministry of Human Resources and Social Development.

4- Register for Zakat through the electronic portal of the Zakat, Tax and Customs Authority.

5- Registering the facility with the General Organization for Social Insurance.

6- Registering the national address with Saudi Post Subul.

7- Registration in the chambers of commerce according to the location.