| Release Date: | 1446-03-19 |
|---|---|
| Release Tool: | Royal Decree |
| Issuance Instrument Number: | m/83 |
| Validity: | Valid |
| Summary: | By AI A royal decree has been issued by King Salman bin Abdulaziz Al Saud approving the Commercial Register Law and the Trade Names Law, granting a five-year period to rectify the status of subsidiary commercial registers. After the expiration of this period, the Ministry of Commerce will delete the unrectified registers. The new law does not affect trade names registered prior to its enforcement and requires traders to register trade names, with the possibility of temporarily reserving them. The law ... |