How to apply and Obtain a New Trade Licence in Jeddah, Saudi Arabia?
To apply and obtain a new trade license in Jeddah, Saudi Arabia, you can follow these steps:
- Visit the website of the Ministry of Commerce and Investment in Saudi Arabia.
- Create an account on the website and log in.
- Fill out the online application form for a new trade license.
- Submit the required documents, including a copy of your passport, a copy of your residency permit, and a copy of your commercial registration certificate if you are applying as a company.
- Pay the required fees for the trade license application.
- Once your application is processed and approved, you will receive a notification to pick up your trade license from the Ministry of Commerce and Investment.
- You can then visit the Ministry of Commerce and Investment in Jeddah to pick up your trade license.
Note: It is important to ensure that all necessary documents are submitted and fees are paid on time to avoid any delays in the application process.
Eligibility and Document
Eligibility
- You must be a Saudi citizen or a foreign national with a valid residency permit in Saudi Arabia.
- You must be at least 18 years of age.
- You must not have any criminal convictions.
Document
- A copy of your valid passport.
- A copy of your valid residency permit (iqama).
- If you are applying as a company, you will also need to provide a copy of your commercial registration certificate.
- You will need to provide a description of the activities you plan to carry out under the trade license.
- You will need to pay the required fees for the trade license application.
It is important to note that the specific requirements and fees for a new trade license in Jeddah may vary depending on the type of business activity you plan to carry out. It is recommended that you consult with a local business service provider or the Ministry of Commerce and Investment for specific information and guidance on the application process.
Fees
The fees for a new trade license in Jeddah, Saudi Arabia can vary depending on the type of business activity and the duration of the license. The fees are usually paid to the Ministry of Commerce and Investment (MCI).
- Commercial Registration fee: SAR 300 (valid for 5 years)
- Municipality Commercial License fee: SAR 2,000 (valid for 1 year)
- General Commission for Audiovisual Media fee: SAR 1000 (valid for 1 year)
- Health Certificate fee: SAR 100 (valid for 1 year)
- Chamber of Commerce fee: SAR 1,200 (valid for 1 year)
- Zakat and Income Tax registration fee: SAR 300
Please Note: These fees are subject to change and may vary depending on the nature of the business and the local municipality requirements. It is always recommended to consult with a local business service provider or the Ministry of Commerce and Investment for specific information on the fees and the application process.
Processing Time
- The processing time for a new trade license in Jeddah, Saudi Arabia can vary depending on several factors, including the type of business activity, the completeness of the application, and the workload at the Ministry of Commerce and Investment. However, the average processing time is usually between 1 to 2 weeks.
