As an investor, you are required to apply for a commercial registration from the Ministry of Commerce to practice commercial activities.
Ship Chandlers
why invest in Ship Chandlers ?
Maximize the added value from the logistics sector by transforming the Kingdom into a global logistics hub and the development of Logistics Zones and Special Economic Zones (SEZs)
Saudi Arabia connects 3 continents, which gives the Kingdom a pivotal role in distribution to most key markets in the globe
Sustainable Demand for several goods and industries, supported by the Giga projects of vision 2030, growth and localization of many industries and the Local Content Programs of National Champion companies
Several Saudi ports achieve advanced rankings in the 2021 Container Port Performance Index (CPPI) for measuring ports operational performance, with King Abdullah Port and Jeddah Islamic Port taking the lead for the 1st and 8th place respectively
Investor Journey
- LOCAL Investor
- INTERNATIONAL INVESTOR
Commercial Registration
Establishment Registration
Apply for Operational License
License Fees Payment After Application Approval
Begin Operations
Applying for a Foreign Investment License
Commercial Registration
Establishment Registration
Apply for Operational License
License Fees Payment After Application Approval
Begin Operations
Commercial Registration
Conditions:
- To be at least 18 years old.
- The owner should not be a government employee.
- The capital should not be less than 5000 Saudi riyals.
- In the event that the issuance is for a sub-registry, the main register must be valid.
- It is not required to issue a subsidiary register if it has the same activity and the same administrative region.
Duration of Service:
immediate.
Service Fees:
- SR 200 for main register.
- SR 100 for subsidiary register.
Establishment Registration
Register the new establishment at all of
- Zakat, Tax and Customs Authority,
- Ministry of Human Resources and Social Development and
- General Organization for Social Insurance.
Required Documents:
- The Commercial Registration
- Memorandum of Association
Apply for Operational License
You can apply for Operational License through the relevant entity, such as MODON, the Royal Commission for Jubail and Yanbu (RCJY) or the Economic Cities and Special Zones Authority (ECZA). Or, if your facility is not located within an industrial city, you can apply for the Operational License through the Ministry of Municipal and Rural Affairs.
The Saudi Authority for Industrial Cities and Technology Zones (MODON)
Fees:
- Free
Time Frame:
- 3 business days.
Documents Required:
- Commercial registration.
- Copy of lease contract.
- Safety plans for facility.
- Maintenance contract for safety systems.
- Architectural plan.
The Royal Commission for Jubail and Yanbu (RCJY)
Fees:
- Free
Time Frame:
- 10 business days.
The Economic Cities and Special Zones Authority (ECZA)
Fees:
- 350 Riyals per unit.
Time Frame:
- 20 business days.
License Fees Payment After Application Approval
After you receive approval notice for your license application, you have to pay the operation license fees through Fasah Platform and the license will be issued immediately.
Application Fees:
10,000 SAR
Time Frame:
Two (2) Working Days
License Duration:
3 years
Begin Operations
To commence operations at a certain port, you will need to submit all required documents by the port administration. In addition, there are conditions and requirements that must be met when practicing as a maritime agent such as the submittal of a bank guarantee in the amount of two hundred thousand Saudi riyals (200,000) for the benefit of the port administration in which the activity is to be carried out. The bank guarantee is irrevocable, unconditional, without restrictions and its validity period has to cover the license validity period in addition to 3 months after its expiry.
Foreign Investment License through Ministry of Investment
To invest as a non-Saudi Citizen, you must apply and obtain a foreign investment license from the Ministry of Investment (MISA).
Fees:
- Annual fees of 12,000 Saudi Riyals for the first year.
- Annual fees of 62,000 Saudi Riyals for any following year.
Time Frame:
One (1) Business Day
Documents Required:
- A copy of the Commercial Registration from your home country.
- A financial statement for one fiscal year.
- Both documents should be validated by the Saudi Embassy and the Ministry of Foreign Affairs in your home country.
Commercial Registration
As an investor, you are required to apply for a commercial registration from the Ministry of Commerce to practice commercial activities.
Conditions:
- To be at least 18 years old.
- The owner should not be a government employee.
- The capital should not be less than 5000 Saudi riyals.
- In the event that the issuance is for a sub-registry, the main register must be valid.
- It is not required to issue a subsidiary register if it has the same activity and the same administrative region.
Duration of Service:
immediate.
Service Fees:
- SR 200 for main register.
- SR 100 for subsidiary register.
Establishment Registration
Register the new establishment at all of
- Zakat, Tax and Customs Authority,
- Ministry of Human Resources and Social Development and
- General Organization for Social Insurance.
Required Documents:
- The Commercial Registration
- Memorandum of Association
Apply for Operational License
You can apply for Operational License through the relevant entity, such as MODON, the Royal Commission for Jubail and Yanbu (RCJY) or the Economic Cities and Special Zones Authority (ECZA). Or, if your facility is not located within an industrial city, you can apply for the Operational License through the Ministry of Municipal and Rural Affairs.
The Saudi Authority for Industrial Cities and Technology Zones (MODON)
Fees:
- Free
Time Frame:
- 3 business days.
Documents Required:
- Commercial registration.
- Copy of lease contract.
- Safety plans for facility.
- Maintenance contract for safety systems.
- Architectural plan.
The Royal Commission for Jubail and Yanbu (RCJY)
Fees:
- Free
Time Frame:
- 10 business days.
The Economic Cities and Special Zones Authority (ECZA)
Fees:
- 350 Riyals per unit.
Time Frame:
- 20 business days.
License Fees Payment After Application Approval
After you receive approval notice for your license application, you have to pay the operation license fees through Fasah Platform and the license will be issued immediately.
Application Fees:
10,000 SAR
Time Frame:
Two (2) Working Days
License Duration:
3 years
Begin Operations
To commence operations at a certain port, you will need to submit all required documents by the port administration. In addition, there are conditions and requirements that must be met when practicing as a maritime agent such as the submittal of a bank guarantee in the amount of two hundred thousand Saudi riyals (200,000) for the benefit of the port administration in which the activity is to be carried out. The bank guarantee is irrevocable, unconditional, without restrictions and its validity period has to cover the license validity period in addition to 3 months after its expiry.