| Release Date: | 1416-02-21 |
|---|---|
| Release Tool: | Royal Decree |
| Issuance Instrument Number: | m/1 |
| Validity: | Cancelled |
| Date of last amendment: | 1439-07-25 |
| Summary: | By AI Pursuant to Royal Order No. ( ) dated 27/8/1412 AH, the Commercial Register Law was approved in the Kingdom of Saudi Arabia, which regulates the procedures for registering companies and traders. The law requires updates to the registered data to be submitted within thirty days of any amendment, and the deposit of a membership certificate in the Chamber of Commerce. The law also stipulates financial penalties of up to fifty thousand Riyals for violations and grants the concerned parties the right... |