Politics · Saudi Arabia · 2 hrs ago
Saudi businesses have 90 days to license or prove activities
Saudi Arabia’s Ministry of Commerce has set a 90-day deadline for businesses to meet activity requirements after registering in the commercial registry.
Businesses whose activities require approval must obtain the necessary license within 90 days of registration.
The rule comes from Article Four of the executive regulations for the commercial registry system.
If a business misses the deadline, its activity can be removed from the registry.
The same applies to activities that do not need a license if the business does not prove it is carrying them out within the 90 days.
The ministry urged business owners to comply with the rules and complete any required approvals.
The Ministry of Commerce warned businesses to obtain required activity licences within 90 days of registration in the commercial registry.
If a required licence is not obtained by the deadline, the activity’s registration will be cancelled.
Businesses must also provide proof of carrying out activities that do not require a licence within the same period.
The ministry urged business owners to comply with the commercial registry system and its executive regulations.
- Who
- The Ministry of Commerce and commercial establishments.
- What
- The ministry urged establishments to obtain required activity licences within 90 days of registration. Activities may be removed from the registry if requirements are not met.
- When
- Within 90 days of registration in the commercial registry.
- Where
- In the commercial registry.
- Why
- To comply with the commercial registry system and its executive regulations.
This story does not have two clearly opposing sides.
The 90-day period for obtaining a required activity licence begins when the activity is registered in the commercial registry.
The trader must obtain the required licence or, for activities that do not require a licence, provide proof of carrying out the activity.
The activity’s registration is cancelled if the licence is not obtained or the required proof is not provided.
- Deadline
- 90 days from registration
- Regulation
- Article Four of the executive regulations of the commercial registry system
- Consequence
- Cancellation of the activity’s registration if the requirements are not met within the deadline