Commerce Ministry urges businesses to obtain activity licenses within 90 days
Saudi Arabia’s Ministry of Commerce has called on business owners to secure required licenses for regulated activities within 90 days of commercial registration.
The Saudi Ministry of Commerce is urging business owners to obtain the necessary licenses for regulated activities within 90 days of registering their commercial operations, according to an official announcement. This directive stems from the Commercial Register Law and its accompanying executive regulations. The Ministry emphasized that failure to secure the required license within the stipulated timeframe could lead to the activity being removed from the commercial register, in line with Article 4 of the Commercial Register Law's executive regulations.
Article 4 of the law obliges traders to acquire a license to practice their activity within 90 days of registering it in the commercial register. Moreover, if the deadline passes without obtaining the necessary license for an activity that requires one, or if a trader provides no proof that the activity is not license-dependent, the activity will be removed from the commercial register.
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