SAUDI ARABIA

Issuance of commercial registrations surge 48% by 154,000 in 1Q of 2025

April 09, 2025
There has been 48 percent increase in the total number of commercial registrations issued in the first quarter of this year compared to the same period last year.
There has been 48 percent increase in the total number of commercial registrations issued in the first quarter of this year compared to the same period last year.

Saudi Gazette report

RIYADH — The Ministry of Commerce stated that more than 154,000 commercial registrations were issued during the first quarter of 2025, bringing the total number of commercial registrations to more than 1.68 million across all regions of the Kingdom. There has been 48 percent increase in the total number of commercial registrations issued in the first quarter of this year compared to the same period last year.

This was revealed in the quarterly business sector summary bulletin issued by the Ministry of Commerce, and the bulletin includes an analysis of the business sector's performance and developments in the Kingdom.

The bulletin shed light on the improvement in the legislative environment through the implementation of the Commercial Registration Law and Trade Names Law and their executive regulations, which contribute to facilitating businesses and reducing financial burdens on businesses, through the possibility of obtaining a unified commercial registration across the Kingdom.

The bulletin highlighted the growth of promising sectors, with commercial registrations recording an increase in activities related to virtual and augmented reality technologies, cloud computing, film and television production, remote care centers, car services and maintenance, travel agencies, hotels and tourist inns, and many other activities that fall within the Kingdom's Vision 2030.

The bulletin also pointed to the growth of commercial registrations related to e-commerce, a key pillar of the national economy. Commercial registrations in e-commerce increased by 6 percent compared to the same quarter last year, with a total of 41,322 commercial registrations.


April 09, 2025
215 views
HIGHLIGHTS
SAUDI ARABIA
28 minutes ago

Al-Jadaan heads Saudi delegation attending WBG-IMF 2025 Spring Meetings

SAUDI ARABIA
30 minutes ago

King Salman and Crown Prince condole passing of Pope Francis

SAUDI ARABIA
4 hours ago

Saudi Arabia to localize 41 professions in tourism sector, including hotel manager and receptionist