As an investor, you are required to apply for a commercial registration from the Ministry of Commerce to practice commercial activities.
Shipping Broker
why invest in Shipping Broker ?
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
Register in NAQAL Portal
Apply for a Restricted Licenseoptional
Apply for a Municipal License
Apply for a Final License for The Activity
Begin Operations
Applying for a Foreign Investment License
Commercial Registration
Establishment Registration
Register in NAQAL Portal
Apply for a Restricted Licenseoptional
Apply for a Municipal License
Apply for a Final License for The Activity
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
Register in NAQAL Portal
After the commercial registration is issued, you have apply for registration on the NAQAL portal.
Documents Required:
Commercial Register
Apply for a Restricted Licenseoptional
You can apply for a restricted license from NAQAL portal.
Documents Required:
Commercial Register
Time Frame:
The license is issued instantaneously.
Apply for a Municipal License
You will receive a municipality license after fulfilling all applicable conditions and requirements.
Visit the Website of Ministry of Municipal and Rural Affairs and Housing
Apply for a Final License for The Activity
One final license is required to commence business operations.
Requirements:
- Valid Municipal License
- You should have the minimum number of vehicles required to practice the business activity
- Install truck tracking devices and monitor their weights through qualified tracking companies
Time Frame:
2 Working Days.
Begin Operations
After obtaining the required licenses, you may start your business operations. You may also use Bayan platform to issue the Cargo Manifest.
The Cargo Manifest is used to document that the carrier has received the goods to be transported and indicate the condition of the cargo. The carrier issues the document periodically, as the cargo manifest expresses every journey that takes place by the carrier.
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
Register in NAQAL Portal
After the commercial registration is issued, you have apply for registration on the NAQAL portal.
Documents Required:
Commercial Register
Apply for a Restricted Licenseoptional
You can apply for a restricted license from NAQAL portal.
Documents Required:
Commercial Register
Time Frame:
The license is issued instantaneously.
Apply for a Municipal License
You will receive a municipality license after fulfilling all applicable conditions and requirements.
Visit the Website of Ministry of Municipal and Rural Affairs and Housing
Apply for a Final License for The Activity
One final license is required to commence business operations.
Requirements:
- Valid Municipal License
- You should have the minimum number of vehicles required to practice the business activity
- Install truck tracking devices and monitor their weights through qualified tracking companies
Time Frame:
2 Working Days.
Begin Operations
After obtaining the required licenses, you may start your business operations. You may also use Bayan platform to issue the Cargo Manifest.
The Cargo Manifest is used to document that the carrier has received the goods to be transported and indicate the condition of the cargo. The carrier issues the document periodically, as the cargo manifest expresses every journey that takes place by the carrier.